Brainchip Holdings Ltd. · ASX:BRN
Brainchip — Shareholder Meeting (May 2022)
39 slides from Brainchip's shareholder meeting presentation, May 24, 2022
Slide 1: ASX Announcement
ASX Announcement BrainChip – Annual General Meeting CEO and Chairman’s Address Sydney 24 May 2022: BrainChip Holdings Ltd (ASX:BRN), appends the Chairman’s address, Chief Executive Officer’s address and presentation to the Annual General Meeting, in accordance with the ASX Listing Rules. This announ
Slide 2: Chairman’s Address
Chairman’s Address At this point in the meeting we have the Chairman’s Address and the CEO Presentation. I will start off first… As is customary, I will remind everyone of our guidance on Forward Looking Statements… My presentation will be brief, I mostly want to focus on my role, my approach and my
Slide 3: Chairman's address continued: why BrainChip
When I left ARM, I was asked to join the board of Arteris, a leading SOC System IP provider. I continue to serve on their board today. Arteris successfully launched its IPO last October on Nasdaq. I sit on all committees with Arteris and I chair the Nominations and Governance Committee. Prior to com
Slide 4: Chairman's commitment to shareholders
I am honored and humbled to be serving a Chairman. As Chairman, my commitment to the shareholders is straight forward…. BrainChip will always push forward with an intensity that is critical every global tech company has. The board will expect the employees and exec team of BrainChip to always be on
Slide 5: Technology lessons: Bluetooth and VHS vs Betamax
and opened the door for late comers with more robust total solutions to win the market. There is no question that BT was (and is) a complete game changing technology that finds itself truly everywhere today….but it wasn’t a financial winner for the early players. As for VHS vs BetaMax….this is a les
Slide 6: Chief Executive Officer’s Address
Chief Executive Officer’s Address Hello and thank you for attending my first AGM. My name is Sean Hehir, I joined this amazing company as the CEO on Nov 29, 2021. During our time together my comments will be organized into 3 sections: • The foundation -- In this section, I will explain our technolog
Slide 7: The market foundation: edge AI
all these phases (or legs of the stool) stand on a foundation called the market. As creating technology for technology’s sake that does meet customers’ needs will not result in steady sustainable commercial success. Rest assured our company is built for a large compelling market. BrainChip is the ri
Slide 8: Commercialization: market focused innovation, packaging and pricing
leg of the stool; a commercial engine that will yield steady sustainable results. That’s when I came to BrainChip and now let me tell you what we’ve been doing since my arrival to build the commercial engine. Commercialization: What are we doing now? In a moment I will describe my encompassing defin
Slide 9: Go-to-market and ecosystem
The acquisition of sophisticated enterprise-grade technology is never a simple go to market (GTM) model. There are always multiple entities fulfilling different roles in an orchestrated fashion to make the adoption by the end customer easy and frictionless to implement. Hence the term ecosystem - cu
Slide 10: Partnerships and product-market fit
industry’s most comprehensive and deep partnerships to the benefit of our customers. Ensuring product market fit is another critical element of commercial success. Once you have a clear definition of the large addressable market, the customers and partners, a set of product attributes perfected for
Slide 11: Focus on sales
All this activity is aimed at a single goal - letting the market and prospective customers know how BrainChip can help them succeed and encouraging them to engage with us. Good things happen when people engage. I started this section by saying commercialization is more than sales, the other elements
Slide 12: Hiring, patents and key priorities
We are: • Aggressively sourcing and hiring world class tech talent. • Filing new patents. • Working diligently on documentation, look/feel, UI to make our technology easier to consume. • Paying close attention to our competitors. • Refining, expanding, and accelerating our roadmap and see opportunit
Slide 13: Annual General Meeting – Chairman
Annual General Meeting OTCQX: BCHPY | ASX:BRN Antonio J. Viana Chairman of the Board May 24, 2022
Slide 14: Forward Looking Statements
Forward Looking Statements Certain views expressed here contain information derived from third parties or publicly available sources that have not been independently verified. This presentation includes certain statements, projections and estimates of the anticipated future financial performance of
Slide 15: Topics
Topics Intro and Background. Why BrainChip? Commitment to Shareholders. How I Lead. Q&A. AGM 2022 | 3
Slide 16: Intro and Background
Intro and Background Engineer by training and background but have been on the commercial side of technology through my career. Work Experience Board Positions AGM 2922 | 4
Slide 17: Why BrainChip?
Why BrainChip? The sheer Opportunity in front – The market is thirsty for the next “push” The People – the existing team is solid and complete To be Disruptive and cause Positive Change. AGM 2922 | 5
Slide 18: My Commitment to the Shareholders
My Commitment to the Shareholders … To always be pushing forward. To constantly ensure things are done right. • Never be afraid to course correct. • This does NOT conflict with “always pushing forward” To place Integrity above all, make this a pilar of the culture. To have Structure as the cornersto
Slide 19: How I Lead
How I Lead … Fiduciary and governance responsibilities are front and center. • But, I expect constant guidance to be offered to the exec team. The best guidance comes from experience. • It is for this reason the RIGHT PEOPLE are critical. See all angles, know all paths… • Critical for an IP company.
Slide 20: Thank you! Over to Sean
Thank you! Over to Sean …. AGM 2022 | 8
Slide 21: Annual General Meeting – CEO
Annual General Meeting OTCQX: BCHPY | ASX:BRN Sean Hehir CEO May 24, 2022
Slide 22: Forward Looking Statements
Forward Looking Statements Certain views expressed here contain information derived from third parties or publicly available sources that have not been independently verified. This presentation includes certain statements, projections and estimates of the anticipated future financial performance of
Slide 23: Topics
Topics The Foundation What we are Doing Now Where we are Going Q&A AGM 2022 | 3
Slide 24: A Bit About Me…
A Bit About Me… Where I’ve come from My introduction to BrainChip The team The trends The engagements My belief of opportunity AGM 2022 | 4
Slide 25: The Foundation
The Foundation Setting the stage… AGM 2022 | 5
Slide 26: BrainChip is in the Right Market
BrainChip is in the Right Market A shift to a ubiquitous AI Edge… Edge Based Devices Requiring AI - $70B by 2025 (Units: $USD Billions) Implications t h GR Grow $71B More capability CA 17% $61B More data $53B More compute $44B More bandwidth Distributed AI AI at the edge Close to sensor Sensor fusio
Slide 27: From Vision to Product
From Vision to Product Peter Van der Made is a brilliant visionary • Pioneer in Neuromorphic computing • Set the initial path for BrainChip Partnered with a semiconductor veteran • Research to product • First commercial neuromorphic processor IP BrainChip lacked commercial leadership • “Commercializ
Slide 28: What we are Doing Now
What we are Doing Now Systemization, execution AGM 2022 | 8
Slide 29: What are we Doing Now
What are we Doing Now Structuring Commercialization Understanding our Market Ecosystem Clarifying our Business Model Ensuring Product-Market Fit Focusing on Marketing Expanding Sales AGM 2022 | 9
Slide 30: Commercialization
Commercialization My mandate is to commercialize BrainChip technology and product • Commercialization is broader than sales • It’s mindset and method • Systems and structure • Product innovation and portfolio management • Customer insight and intimacy • Team and talent Sequence is critical • Slow do
Slide 31: Understanding our Customers and Ecosystem
Understanding our Customers and Ecosystem Partnerships Technical Enablement Channel AGM 2022 | 11
Slide 32: Ensuring Product-Market Fit
Ensuring Product-Market Fit Ensuring product market fit is about the market Market is big and moving towards edge AI BrainChip’s AkidaTM IP is like no other… Trend in all industries is towards verticalization, specialization Flexibility, scalability, and performance of Akida IP is perfectly suited f
Slide 33: Focus on Marketing
Focus on Marketing Marketing is upstream and downstream • Upstream is strategy, market, product • Downstream is promotion and demand generation Marketing is foundational • Should set the direction and targets for sales • Understand market, customer, positioning • “No matter what we do in sales, we h
Slide 34: Expanding Sales
Expanding Sales Back to “Commercialization” • It’s more than sales… Structure and Infrastructure • Process • Tools (demand to lead generation) Sales Enablement Bifurcating Sales and Ecosystems (partners) Growing sales team WW Leveraging Channel Partners AGM 2022 | 14
Slide 35: Where we are Going
Where we are Going Leveraging, executing, scaling… AGM 2022 | 15
Slide 36: The Market is Moving Toward the Edge
The Market is Moving Toward the Edge Growth in AI enabled edge devices is growing at 17% CAGR $70B market by 2025 Forecast for neuromorphic ramps in-line with edge AI A shift in computing paradigm • Unified heterogeneous • Classical for cloud • Neuromorphic for edge AGM 2022 | 16
Slide 37: Our Product is World Class
Our Product is World Class And Evolving First to market Flexibility, scalability, and ease of implementation make it unique and incomparable Technically vetted by prospects and customers We are aggressively filing patents Focus on ease of consumption and implementation Defined roadmap to further enh
Slide 38: Structure, Product, Business Model…
Structure, Product, Business Model… The 3rd leg of our stool is built and ready to enable and support our projected growth We’ve built structure and systems to leverage moving forward Our product is unparalleled and continues to improve The IP business model generates high margin revenue and signifi
Slide 39: Thank you Q&A
Thank you Q&A AGM 2022 | 19