Women leaders in IoT

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IoT Revolution needs Women Leaders Raghavendra Hunasgi Director Marketing Cigniti Technologies Ltd. @Raghavph | http://internetofgalaxies.com

Transcript of Women leaders in IoT

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IoT Revolution needs Women Leaders

Raghavendra HunasgiDirector Marketing Cigniti Technologies Ltd.

@Raghavph | http://internetofgalaxies.com

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IoT revolution needs #WomenLeaders

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Women Correlate with Success

Analysis of more than 3,000 venture-backed IoT

companies showed that successful startups have twice as many women in

senior positions as unsuccessful companies.

Dow Jones VentureSource, 2013.

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Women Help IoT Companies GrowIoT companies with women have been shown to use 40 percent less capital and be more likely to survive the transition from startup to established company.

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Women Improve InnovationThe presence of women in a group is more likely to increase the collective intelligence (problem-solving ability, creativity) of the group than the presence of individuals with higher intelligence.

“Evidence for a Collective Intelligence Factor in the Performance of Human Groups,” Science October 2010, Woolley, Chabris, Pentland, Hashmi and Malone.

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Women Enhance Teams

Scott Page, The difference: How the power of diversity creates better groups, firms, schools, and societies, Princeton University Press, 2009.

Groups with greater diversity solve complex problems better and faster than homogenous groups.

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Women Are 50% of the Population. Why Handicap Your Hiring by 50%?

"We simply cannot afford to alienate large chunks of the workforce. It is a

widely understood truth that the single biggest challenge is attracting the right people … to literally handicap yourself

by 50 percent is insanity.” - Dan Shapiro, Google

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Women in Tech, By the Numbers (US)

Department of Labor Bureau of Labor Statistics, Current Population Survey, 2013; Dow Jones VentureSource, 2013.

Percent of U.S. technology jobs held by women26

Percent of women executives at U.S. venture-backed startups11

Percent of U.S. professional occupations held by women57

Percent of U.S. software developers who are women20

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IoT organizations with Women leaders have filed 30% more patents in 2014

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What Do You See In This Picture test?

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Women innovate better in IoT

Internet of Galaxies by Raghav surveyed 58 CEOs

64% of CEOs believe most of their product ideas

and feature requests are driven by Women Leaders

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Bias and mental blocks (India perspective)

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“Blind” orchestra auditions, with musicians behind a curtain, increased the number of female musicians hired by 25% to 46% percent.

Goldin & Rouse (2000) The American Economic Review, 90(4), 715-741.

Unconscious Bias in Hiring

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Women and Men at IoT Startups See Things Differently …

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Identify which aspect of IoT excites U

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Identify Mentor, Company and Game Plan

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Be an IoT Champion

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Thank You