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Kandola pitch deck

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Kandola pitch deck

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A DECENTRALISED CHIP-TO-CLOUD IOT PROTOCOL
Trends A secure, scalable end-to-end IoT solution could fill this market gap. IoT market is increasing at a CAGR of 25.4%. COVID pandemic accelerates it. fortunebusinessinsights.com csis.org ey.com Governments around the world introducing laws for IoT data privacy and security. leginfo.legislature.ca.gov iapp.org gov.uk California Law of IoT Internet of Things Cybersecurity Improvement Act of 2020 UK Law IoT security is the TOP concern for enterprises - WEF lists it No.1 business risk. cryptonews.net theverge.com reuters.com High Cost Users are becoming aware Geo political Risks
Data privacy and verifiability are not guaranteed Data ownership and privacy are controlled by enterprises who have questionable business practices Problems High cost of building Secure hardware to cloud solutions Security has to be end-to-end. Data in Rest and Motion. Existing solutions are not built for IoT and not developer friendly Bad performance and hard to implement. Low level API. One size fits all approach. Lack of standards Data exists in silos. Difficult to exchange data
Introducing Kandola A decentralised Chip-to-Cloud protocol built on Privacy by Design Principles specifically for IoT Message Pub/Sub Nodes Verification Nodes DID Node Data m Data m-1 Device 1 BlockChain Node BlockChain Node BlockChain Nodes DID Nodes DID Node DID Node DID Node Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes BlockChain Node BlockChain Node Messaging Nodes Kandola SDK Data 1 Data m Data m-1 Data 1 Data m Data m-1 Data 1 Data m Data m-1 Data 1 Device 2 Device 3 Device 4 Developer/ End Customer Verifier Node (VN1) Verifier Node (VN2) Verifier Node (VN2) Verifier Node (VNk) Kandola Edge agent - The firmware on the sensor The Decentralized IoT platform Kandola SDK ( Web + Mobile + Server ) What Kandola provides Architecture Diagram Commissioning Commissioning
Kandola in action End to end security and standardization Smart Car Smart Appliance Smart Agri Sensor Manufacturer S A Kandola Cloud Platform S A S A System Integrators Real Time Monitoring/ Analytics Mobile App Customer = Kandola Firmware S = Sensor A = Actuator = Kandola SDK
Compliance to Global Data Security Standards Significant Reduction in time to market Unlock hidden value Data Privacy and Security Significant Ease of development Vendor neutral Device Data security Same Device – Different domains Leverage Existing hardware Benefits Manufacturer Integrator Customer
Kandola Privacy By Design Performance High High High High High High Medium Low Low Low Public Verifiability Plug and Play Developer Friendly Predictable Costs Standardisation Market Place Comparison
IoT Business to drive 30% of Microsoft’s revenue - ~50B USD Tuya increases revenue by 70% in 2020 with a market cap of 4.7B. Thingworx(PTC) had a revenue of 2.1B USD in 2020 with a market Cap of 14.9B USD Market Total IoT Market by 2027 is 1468 Billion. IoT Devices Management - 35% which is 490 Billion IoT Cloud Platform – 38% which is 532 Billion. IoT solutions & services – 27% which is 378 Billion We are focusing on both IoT Devices Management and IoT Cloud Platform Source is https://www.globenewswire.com/en/news-release/2021/04/08/2206579/0/en/Global-IoT-Market-to-be-Worth-USD-1-463-19-Billion-by-2027-at-24-9-CAGR-Demand-for-Real-time-Insights-to-Spur-Growth-says-Fortune-Business-Insights.html Competition Trends
Cosine Labs - Our Journey 2018 Karnataka Elevate Startup Program Government Grant Winner - USD $30,000.00 2019 MeitY – NASSCOM Emerging Startup of the Year 2020 Startup India Awards for Enterprise Technology Category (Finalist) 2021 Grand Challenge for Strengthening CoWIN: COVID Vaccine Intelligence Network - PHASE I
Founding Team Krithika Radhakrishnan Co-Founder CMO of Cosine Labs Ex-Goldman 2x entrepreneur 12 yrs of marketing exp. 5+ yrs of IoT 1 patent Siddharth Banerjee Founder CEO of Cosine Labs Ex-CTO WowLabz, Ex - PM - MphRx, Ex-Sungard 15 yrs of tech exp. 5+ yrs of IoT 1 patent Sriram Padmanabhan Mentor 20+ years of software experience. Architect , Ex-Sungard, Ex-OpenText IIM(B) alumni 1 Patent
GTM ODM Partnerships - 20 ODMS in China + India - Smart Appliances, Smart Healthcare and Smart Agriculture Existing customers of Cosine to be migrated to the new platform NASSCOM Partnership - Manufacturing + International market access through Govt. channels Community program to onboard manufacturers and developers
sb@kandola.network @sid_ba
The Government has set an ambitious target under the National Policy on Electronics (NPE) of creating a $400 billion electronics manufacturing by 2025. It aims to promote domestic manufacturing in the entire value-chain of the electronic system design and manufacturing.

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Kandola pitch deck

  • 2. Trends A secure, scalable end-to-end IoT solution could fill this market gap. IoT market is increasing at a CAGR of 25.4%. COVID pandemic accelerates it. fortunebusinessinsights.com csis.org ey.com Governments around the world introducing laws for IoT data privacy and security. leginfo.legislature.ca.gov iapp.org gov.uk California Law of IoT Internet of Things Cybersecurity Improvement Act of 2020 UK Law IoT security is the TOP concern for enterprises - WEF lists it No.1 business risk. cryptonews.net theverge.com reuters.com High Cost Users are becoming aware Geo political Risks
  • 3. Data privacy and verifiability are not guaranteed Data ownership and privacy are controlled by enterprises who have questionable business practices Problems High cost of building Secure hardware to cloud solutions Security has to be end-to-end. Data in Rest and Motion. Existing solutions are not built for IoT and not developer friendly Bad performance and hard to implement. Low level API. One size fits all approach. Lack of standards Data exists in silos. Difficult to exchange data
  • 4. Introducing Kandola A decentralised Chip-to-Cloud protocol built on Privacy by Design Principles specifically for IoT Message Pub/Sub Nodes Verification Nodes DID Node Data m Data m-1 Device 1 BlockChain Node BlockChain Node BlockChain Nodes DID Nodes DID Node DID Node DID Node Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes Message Pub/Sub Nodes BlockChain Node BlockChain Node Messaging Nodes Kandola SDK Data 1 Data m Data m-1 Data 1 Data m Data m-1 Data 1 Data m Data m-1 Data 1 Device 2 Device 3 Device 4 Developer/ End Customer Verifier Node (VN1) Verifier Node (VN2) Verifier Node (VN2) Verifier Node (VNk) Kandola Edge agent - The firmware on the sensor The Decentralized IoT platform Kandola SDK ( Web + Mobile + Server ) What Kandola provides Architecture Diagram Commissioning Commissioning
  • 5. Kandola in action End to end security and standardization Smart Car Smart Appliance Smart Agri Sensor Manufacturer S A Kandola Cloud Platform S A S A System Integrators Real Time Monitoring/ Analytics Mobile App Customer = Kandola Firmware S = Sensor A = Actuator = Kandola SDK
  • 6. Compliance to Global Data Security Standards Significant Reduction in time to market Unlock hidden value Data Privacy and Security Significant Ease of development Vendor neutral Device Data security Same Device – Different domains Leverage Existing hardware Benefits Manufacturer Integrator Customer
  • 7. Kandola Privacy By Design Performance High High High High High High Medium Low Low Low Public Verifiability Plug and Play Developer Friendly Predictable Costs Standardisation Market Place Comparison
  • 8. IoT Business to drive 30% of Microsoft’s revenue - ~50B USD Tuya increases revenue by 70% in 2020 with a market cap of 4.7B. Thingworx(PTC) had a revenue of 2.1B USD in 2020 with a market Cap of 14.9B USD Market Total IoT Market by 2027 is 1468 Billion. IoT Devices Management - 35% which is 490 Billion IoT Cloud Platform – 38% which is 532 Billion. IoT solutions & services – 27% which is 378 Billion We are focusing on both IoT Devices Management and IoT Cloud Platform Source is https://www.globenewswire.com/en/news-release/2021/04/08/2206579/0/en/Global-IoT-Market-to-be-Worth-USD-1-463-19-Billion-by-2027-at-24-9-CAGR-Demand-for-Real-time-Insights-to-Spur-Growth-says-Fortune-Business-Insights.html Competition Trends
  • 9. Cosine Labs - Our Journey 2018 Karnataka Elevate Startup Program Government Grant Winner - USD $30,000.00 2019 MeitY – NASSCOM Emerging Startup of the Year 2020 Startup India Awards for Enterprise Technology Category (Finalist) 2021 Grand Challenge for Strengthening CoWIN: COVID Vaccine Intelligence Network - PHASE I
  • 10. Founding Team Krithika Radhakrishnan Co-Founder CMO of Cosine Labs Ex-Goldman 2x entrepreneur 12 yrs of marketing exp. 5+ yrs of IoT 1 patent Siddharth Banerjee Founder CEO of Cosine Labs Ex-CTO WowLabz, Ex - PM - MphRx, Ex-Sungard 15 yrs of tech exp. 5+ yrs of IoT 1 patent Sriram Padmanabhan Mentor 20+ years of software experience. Architect , Ex-Sungard, Ex-OpenText IIM(B) alumni 1 Patent
  • 11. GTM ODM Partnerships - 20 ODMS in China + India - Smart Appliances, Smart Healthcare and Smart Agriculture Existing customers of Cosine to be migrated to the new platform NASSCOM Partnership - Manufacturing + International market access through Govt. channels Community program to onboard manufacturers and developers
  • 13. The Government has set an ambitious target under the National Policy on Electronics (NPE) of creating a $400 billion electronics manufacturing by 2025. It aims to promote domestic manufacturing in the entire value-chain of the electronic system design and manufacturing.