Post #18: The future comes to Olympia

What is billed as the world’s largest Internet of Things conference series came to London last week. Other similar events will be held in Silicon Valley and…

Post #18: The future comes to Olympia

What is billed as the world’s largest Internet of Things conference series came to London last week. Other similar events will be held in Silicon Valley and Amsterdam over the course of the year. Over 2 days, some 300 companies and over 12,000 visitors (including ourselves) descended upon the Olympia conference centre in West London in order to learn about the Internet of Things (or IOT) and its impact on industries including manufacturing, transport, supply chain, insurance, logistics, government, energy and autos.

If there was a consistent message from everyone with whom we spoke, then it was simply that there is no silver bullet. Put another way, any business embracing the Internet of Things (in its various guises) will not find this to be a panacea, or solve-all, for their organisation. This was a refreshingly realistic message and something of a contrast to the hubris that often pervades many similar such events. Nonetheless, a certain fear-of-missing-out continues to drive business decisions and we note the statistic that 84% of businesses are apparently “actively involved with” the Internet of Things at present (per PWC).

On the practical side, we saw clear evidence of IOT implementation in a variety of smart home devices (especially meters) and also for monitoring changes in weather patterns (which would be useful for farmers and many other businesses). However, in discussions we had with various executives, it seems that the real value from IOT will come from combining intelligent devices and the information they generate in order to create new business solutions and/or workforce optimisation tools. In other words, data collection is necessary, but by no means sufficient. 

Elsewhere, on the ‘hype-scale’, we noted that 5G was described as a “gold rush” by at least one executive with whom we spoke. There seemed to be more excitement or relative over-use of this term than almost any other at the conference, even if much of the infrastructure for the next-generation of mobile (data) communications has not yet even been built yet. By contrast, it was refreshingly pleasing to see how little the word ‘bitcoin’ came up in conversations, a marked contrast to last year (when also attended the same event). Let’s what the 2020 conference holds. We will be there next March.


The document is provided for information purposes only and does not constitute investment advice or any recommendation to buy, or sell or otherwise transact in any investments. The document is not intended to be construed as investment research. The contents of this document are based upon sources of information which Heptagon Capital believes to be reliable. However, except to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to the accuracy or completeness of this document or its contents and, Heptagon Capital, its affiliate companies and its members, officers, employees, agents and advisors do not accept any liability or responsibility in respect of the information or any views expressed herein. Opinions expressed whether in general or in both on the performance of individual investments and in a wider economic context represent the views of the contributor at the time of preparation. Where this document provides forward-looking statements which are based on relevant reports, current opinions, expectations and projections, actual results could differ materially from those anticipated in such statements. All opinions and estimates included in the document are subject to change without notice and Heptagon Capital is under no obligation to update or revise information contained in the document. Furthermore, Heptagon Capital disclaims any liability for any loss, damage, costs or expenses (including direct, indirect, special and consequential) howsoever arising which any person may suffer or incur as a result of viewing or utilising any information included in this document. 

The document is protected by copyright. The use of any trademarks and logos displayed in the document without Heptagon Capital's prior written consent is strictly prohibited. Information in the document must not be published or redistributed without Heptagon Capital's prior written consent. 

Heptagon Capital LLP, 63 Brook Street, Mayfair, London W1K 4HS
tel +44 20 7070 1800
fax +44 20 7070 1881
email [email protected] 

Partnership No: OC307355 Registered in England and Wales Authorised & Regulated by the Financial Conduct Authority 

Related Insights

Featured Insights
Featured Insights22 July 2021

Season 3, Post 29: Quiz time

Your one and only question is the following: what do electric vehicles and plant-based burgers have in common? The answer: they’re both getting better the whole time. As improvements to these products occur, so adoption levels should increase. This intriguing analogy was made to us by the Chief Executive of Meatless Farm, Morten Toft Bech, […]

Learn more
Featured Insights
Featured Insights15 July 2021

Season 3, Post 28: The magic of mushrooms

Mycelium-tech could be the next big thing. You might think you are familiar with the humble mushroom. Fried, they work well as a breakfast option, for example. Alternatively, they could perhaps be chopped into a pasta dish or salad. However, when you buy mushrooms in your local store or – even better – see them […]

Learn more
Featured Insights
Featured Insights06 July 2021

Season 3, Post 27: Take a trip on the hyperloop

Imagine being able to get from central London to Edinburgh in less than an hour, or from downtown New York to San Francisco in fewer than five. Think of all that extra time you would save. Travelling the former route by train currently takes close on four hours, while, a coast-to-coast US trip might require […]

Learn more

Get The Updates

Separated they live in Bookmarks right at the coast of the famous Semantics, large language ocean Separated they live in Bookmarks right


Sign up to our monthly email newsletter for the latest fund updates, webcasts and insights.