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Industry Training Technology, based on remote control of real equipment via internet and virtual simulators

Labicom overview_general

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Industry Training Technology,

based on remote control of

real equipment via internet

and virtual simulators

Technical universities

problems

Engineering - among top 10

of the most demanded

professions in the world.

But graduating engineers lack

advanced skills.

It negatively impacts the

industry market.

Financials

Excessively high price of lab

equipment and maintenance (several

million dollars). Example of the Texas

Tech University: renovation of just the

Telecommunications and RF laboratory

amounts >$250k (all labs $6,5M)

Restriction access to labs

Equipment capacity,

dangerous equipment

Gap between university and industry

Irrelevant students’ KPIs,

“old-fashioned” instruments

$$$

Industry problems

40% of graduates need retraining,

when hired

Certificate of graduates or specialists

does not confirm their real skills

Gap between industry and education

* Sources: Washington Monthly, May 2014;

2014 Training Industry Report, Training magazine;

- 30% of overall equipment failure by

entrants

- High costs of staff training (venue, time,

travel costs) • Average bill for a top company on training is

$17,4M (no specific figure for tech courses)

leads to

USA 1,8M 8,6%

unemployment

rate

Acute shortage of advanced skilled

engineers *

Russia 2M

Africa

2,5M

India

only 5%

of 1,5M

fit jobs

Addressable market

Electrical Engineering (EE)

25% - the largest number of all

engineers worldwide

80% - top 5 measurement instruments

(analyzer, vector analyzer, generator,

oscilloscope, multimeter)

Coverage of all industries: aerospace,

energy, communications, automotive,

manufacturing

Virtual and remote edu laboratories

CAGR 37%

$800M by 2020

Remote (55%) and Virtual (45%)

Major players: Labicom, Labster,

Macmillan Learning, McGraw-Hill

Education

Simulation-based learning market (incl.

corporate training)

$6.6B in 2017 ($2.3B in 2012)

Raised over $1.5B in VC - more than at any time

since the dotcom craze

36,6% of large companies focus on online or

computer-based methods of training, 2014

Training industry Report

Global Training Industry

$355.6B – global Spend 2015

CAGR of Relevant Markets

- 11.1% - eLearning 2016-2020

- 8,8% - Corporate Training Market 2014-2019

Enterprise users:

- Manufacturing (Aerospace, Machinery,

etc.)

- Communications

- Energy

Effective solution

Practice, close to real. User controls the

instruments remotely via internet in real-time (knobs

and touchscreen display of instruments)

Complete virtual copy of real equipment on a user’s

laptop (not connected to real instruments):

- real results of working with instruments

- available for thousands of users simultaneously

Virtual instruments/ simulators

for hands-on practice of

technical specialist

Remote control of real

equipment via the Internet

+

Highly qualified hard-skilled specialists

Step-by-Step-Learning tool

+

Embedded module, which automatically guides a

trainee through the experiment as to the script. Step-

by-step training on functionality of instruments.

Possibility to test hard skills.

• No plugins to be installed, no

ports opened. Only Internet/ local

network needed

• Secure modes and parameter

parts of experiments (system

constraints) – equipment care

• Available from a browser, any

computer, anywhere in the world

• Cross-platform

• Secure access to dangerous

equipment

advantages

• Proof check of candidates’ real

hard skills

Own R&D and Know-How in the field of data

formation and transmission

• Training and practice 24/7 • Upgrading shards skills from

basic to advanced

Demo of Labicom solution

Remote and virtual laboratory of the solid-state laser

setup

https://www.youtube.com/watch?v=TfXnHCq9uaw

• Remote control of the real equipment via internet and virtual simulators

from the browser. User preforms actions as if with real equipment,

controlling the instruments by a mouse (computer control) or by fingers

(tablet).

Virtualization of real equipment and devices - development and installment of customized online simulators for hands-on training of technical specialists Focus – measurement instruments Potential opportunity – core equipment of an enterprise

We offer enterprises

Industry goal – process

optimization:

Human resource

development and productive

efficiency Need – train how to work with

new instruments

Change of journeymen’s mind Virtualization, Smart Factory,

Internet of Thing

• Effective scalable cutting-edge

solution for staff training - unlimited

time of training, deep involvement,

possibility of improvement

• Specialists with proven advanced

skills - based on enterprise

requirements, with instruments

necessary to an enterprise

• Saving on training expenditures, loss

prevention (equipment failure, day

releases), possibilities of additional

income (development of corporate

universities)

What enterprises get with

Labicom

Cost optimization

1. Training of newcomers, retraining in case of installment of new equipment:

training on how to work with equipment via Labicom: skills testing, practice

using virtual simulators, then proof test via remote control of equipment

2. Skills improvements and certification:

Possibility to develop a customized simulator as to eligibility criteria of an

enterprise

Testing via Labicom as a part of the certification program of an enterprise or

OEM

Educational opportunities

3. Training program for affiliated universities:

Graduates master equipment of the enterprise already in the

university, even if it the university is not equipped with these

instruments:

1) Step-by-Step Learning (SBSL) – getting to know the

instruments,

2) virtual simulators – virtual experiments (as if in a real

laboratory),

3) access to control of the real demo setup

Students do internship at an enterprise, working with the mastered

equipment

Educational opportunities

Virtualize top

T&M instruments

(entry market).

80% of the market

Industry uses Labicom for

training (skills training,

improvement, testing,

certification)

Industry educational

programs for affiliated

universities

Certified advanced-skilled graduates:

- Basic skills for all

- Advanced skills (as to enterprises

requirements)

Spreading of Labicom solutions

in the educational community:

development of remote and

virtual training laboratories,

sharing with other universities

market adoption

Labicom recognition

Labicom is one of the major players and key

vendors in the market of remote and virtual

laboratories in the US 2016-2020

Best remote and virtual laboratories, IEEE

exp.at'15 (June 2015, Portugal)

Best remote and virtual laboratories, IEEE REV

2016 (February 2016, Spain)

Bauman Moscow State Technical University

(Russia) uses Labicom as the main hands-on

training tool for the course “Quantum Electronics”

Labicom team

Andrey Teslenko, CEO, visionary Ibrahim Mukhiev, CFO Igor Titov, CTO, idea creator

Serial entrepreneur

Creative heart and driving force

Successful law and

management consultant

Co-founder STEM Academy *

Experienced manager of large

financial organizations

Conservative heart

Successful management and

development consultant

Co-founder STEM Academy*

Certified LabVIEW Architect

Technical innovator, scientist,

over 20 science articles in

international editions

7 years of R&D of RL/VL,

development of remote labs for

EPFL Switzerland, Stuttgart

university, BMSTU Moscow

2014: decision to start the project Labicom, uniting the professionals:

Team: 9 professionals Developers: 6 leading specialists, experience in educational sphere and big enterprises

Business: 3 professionals, experience in development, management, international sales

* STEM Academy – the most successful Russia’s center to provide school children and students with practical and creative science and engineering experience.

Andrey Teslenko

Co-founder CEO

tel.: +7 (915) 342 49 65

e-mail: [email protected]

in: andreyteslenko

Anna Barysheva

Business Development

tel.: +7 (905) 551 71 49

e-mail: [email protected]

In: annbarysheva