“I skate to where the puck is going to be, not to where it’s been.” This oft-quoted line from hockey great Wayne Gretzky is relevant for the VC community. Why go to where the action has already happened? Get out in front and make the ensuing goal look easy.
With that in mind, we’re very excited to publish our inaugural BIP Capital 2019 Outlook report to help you do just that. In it, we attempt to answer the question “where should we invest today in order to be part of tomorrow’s successful innovation?” BIP Capital experts analyzed data from over 50 VC firms, reviewing the past year’s leading areas of investment. From that analysis, the team extrapolated four “mega trends” for venture capitalists to watch when considering investments in the coming months:
Mega Trend 1: A Change in the Way We View Trust. In light of recent security breaches and data privacy scandals, consumers as well as enterprises will continue to grow more cautious of businesses they used to inherently trust. Tomorrow’s growth companies will build solutions that allow consumers to secure their personal data, or help companies better secure and properly utilize their apps and online systems.
Mega Trend 2: Using Data to Drive Operational Effectiveness. More and more of today’s businesses need technology solutions designed to help them more effectively deliver their value proposition. This trend is factoring into the use of aggregated data for more effective healthcare, the rise of the data-driven customer success industry, and the continued proliferation of IoT technology in government and corporate environments.
Mega Trend 3: Applications of New Technology to Create Efficiency. Today’s businesses are having to do more with less, which is why technologies like virtual reality (VR), artificial intelligence (AI), and the use of drones will create more workplace efficiency.
Mega Trend 4: Solutions with Direct-to-Consumer Benefits. Many consumer-oriented categories will see high growth over the next 12 months, such as precision medicine and solutions that enhance the event/ticketing experience.
Each spring, we will publish a new report, reviewing our predictions from last year while making new ones for the upcoming year. If we get this right, smart investments will follow.
You can read the full report here.