mblt15: laurent le pen, omate
TRANSCRIPT
“Technology is what you carry, Fashion is what you wear.”
Omate is a hardware and software company that designs and retails
wearable products.
We are designing the wearables of the 21st Century.
Can you find the mistake?
Omate’s mission is to connect the World through a wearable experience by offering fashionable devices at
affordable price.
Jewelry Business
$250B Annual Market
Value
Market Trends
>100M Smartwatches
$25B in 2020
Source: McKinsey / HIS / Allied Market Research
WearableThe Fastest Growing Market Segment
+70% +80%+10%
+400%
Projected Global Growth from 2013 – 2017:
Source: IDC
Omate TrueSmart™ The First Standalone Android™ Smartwatch
> $1M > 65,000 units sold to date > 50 countries
Key wearable design challenges
Three Worlds are merging together:
Challenges:1) Implement the technology into a wearable form factor2) Make it look good and fashionable
MobileTechnology
WatchJewelry
Fashion
Spring – Summer 2015
They speak about us:
They trust us:
July 1. 2013 Dec 31. 2013 Dec 31. 2014
0 10
55
Q3 2015
Devices Soldin thousands units
• 5,000 units / Kickstarter• 5,000 units / preorders B2C• 55,000 units / distributors B2B
EnteringSmart Jewelry
July 1. 2013 Dec 31. 2013 Dec 31. 2014
0
2.5
4.2
Total Revenue$ in millions
• 15% Gross Margin on B2B
• 50% Gross Margin on B2C
EnteringSmart Jewelry
Q3 2015
