Convergence, M2M Communication and Online Solutions Creating New Opportunities for VC Investors, Says Frost & Sullivan

Convergence, M2M Communication and Online Solutions Creating New Opportunities for VC Investors, Says Frost & Sullivan PR Newswire LONDON, Oct. 31, 2012 - M2M communication set to be next hotspot for VC investors across automotive, utilities, healthcare and security verticals LONDON, Oct. 31, 2012 /PRNewswire/ -- A volatile global economy is making investors increasingly cautious and risk averse about their portfolio investments. This is translating into a restraint for startups in the ICT industry that require sizeable amounts of funding. In contrast, the limited amounts of funding required by companies in the Internet arena are prompting investors to focus on this space. Similarly, new growth opportunities such as M2M communication are also providing investment opportunities for Venture Capital (VC) investors. Recent Frost & Sullivan study (http://www.financialservices.frost.com) entitled Analysis of Venture Capital Investment Trends in European Application Software, Systems Software, Technology Hardware, and Equipment Industries, finds that convergence, M2M communication and online solutions are creating interesting opportunities for VC investors. "M2M communication is expected to provide an explosive opportunity for VC investors across different verticals including automotive, utilities, healthcare and security," said Frost & Sullivan Senior Research Analyst Renganathan K. "It is expected that by 2017, the automotive industry would be consuming M2M SIM cards worth $66.