VivaTech 2023: Latest Technology and Innovation to expect

VivaTech 2023: A Premier Tech Event Showcasing Innovation and CollaborationSince its start in 2016, VivaTech has become the biggest startup and tech event in Europe. VivaTech (Viva Technology Event) has kicked off for another exciting edition at the expansive exhibition halls of Porte de Versailles in Paris.

As one of Europe’s premier technology events, VivaTech has gained prominence since its establishment in 2016. This year, the event boasts a remarkable growth, with double the number of start-ups compared to its inaugural year approximately 2,400 start ups. Along with this, there would be over 2,000 investors looking to support groundbreaking innovations with the potential to reshape the world.

VivaTech 2023: Location

VivaTech 2023 will be held in the vibrant city of Paris, France. The event takes place at the Paris Expo Porte de Versailles, a state-of-the-art exhibition center that provides a dynamic setting for participants to engage, network, and showcase their innovations.

VivaTech 2023: Dates

VivaTech is scheduled to take place from “June 14 – June 17, 2023”. The event spans over several days, providing ample opportunities to delve into various aspects of the tech industry.

VivaTech 2023: What to expect?

One topic – Artificial Intelligence (AI), would remain a dominant theme pervading this year’s VivaTech.

Beyond AI, several other trending topics would be driving engaging conversations throughout the event. Cybersecurity, a critical concern in our increasingly interconnected world, takes center stage, with experts and companies showcasing innovative solutions to combat emerging threats.

Climate tech, an area gaining significant momentum, is another key topic at VivaTech 2023. As the urgency to address climate change grows, attendees can expect to witness innovative green technologies, sustainable practices, and initiatives aimed at achieving a more eco-friendly future.

The intersection of sports and technology is also a noteworthy theme, this time in VivaTech. Continuous evolution in sports and with advancements in sports tech will surely capture the imagination of attendees. From wearable devices to data analytics, VivaTech provides a platform for exploring how technology is revolutionizing sports performance, fan engagement, and the overall sporting experience.

Femtech, a sector dedicated to women’s health and wellness, is gaining traction and sparking meaningful discussions at VivaTech. Attendees will have the opportunity to discover innovative solutions focused on addressing women’s unique healthcare needs and promoting female empowerment.

Other key happenings to expect are –

  • Cutting-Edge Exhibitions
  • Inspiring Keynote Speeches
  • Engaging Panel Discussions and Workshops
  • Startup Challenges and Pitch Competitions
  • Networking Opportunities

Let’s explore more –

The first day of VivaTech 2023 witnessed significant moments, with Meta’s Chief AI scientist, Yann Le Cun, taking the stage to share his perspective on the power of artificial intelligence (AI). Le Cun emphasized that AI serves as an amplifier of human intelligence, ultimately leading to positive outcomes when people are equipped with enhanced capabilities.

French President Emmanuel Macron, a staunch supporter of VivaTech, officially inaugurated the event and utilized the platform to announce fresh investments in AI development within France, reaffirming the country’s commitment to fostering technological innovation.

Mistral AI’s Record Investment:

Adding to the excitement, news broke that Mistral AI, a promising French start-up only four weeks old, secured an astounding €105 million in European investment. This substantial funding showcases the growing confidence and interest in AI-driven ventures, particularly those originating from France, and underscores the immense potential within the AI ecosystem.

South Korea Presence

In the midst of fierce competition among countries vying for attention at VivaTech, South Korea has emerged as this year’s “Country of the Year.” Building upon the successful initiative launched in the previous edition, this designation provides a platform for the chosen country to shine a spotlight on its vibrant tech ecosystem.

South Korea, recognized as a leading tech nation, boasts an impressive portfolio of 23 unicorns, illustrating its prowess in fostering innovative companies. The country’s economy mirrors that of the European Union, with a remarkable 99 percent of its businesses comprising start-ups and small to medium-sized enterprises (SMEs).

VivaTech, Paris, France
VivaTech 2023
Image Courtesy – vivatechnology

LMVH presence at VivaTech Stage

This year, a total of 18 LVMH Maisons are unveiling 25 innovative creations in two distinct areas known as The Dream Box and The LVMH Court.

Situated in Hall 1, The Dream Box offers a visually captivating ambiance with its dynamic color scheme. Within this remarkable space, the LVMH Group and its Maisons showcase a selection of innovations that align with LVMH’s mission to fulfill its customers’ dreams.

Making its debut at VivaTech, LVMH introduces an exclusive area dedicated entirely to sports innovation. Located in Hall 2, The LVMH Court provides visitors with an opportunity to explore the solutions offered by LVMH Maisons, aiming to enhance the sports experience for both athletes and enthusiasts alike.

LVMH kicks off VivaTech with a significant announcement, revealing two strategic partnerships that promise to elevate its customer experiences. The first collaboration involves a partnership with Epic Games, the renowned creator of Fortnite and Unreal Engine. This alliance aims to revolutionize LVMH’s creative process, enabling the delivery of more immersive experiences to customers as they explore the Group’s products. The second venture involves a collaboration with Apple, specifically leveraging the Tap to Pay feature on iPhone. Initially launching in LVMH Maisons stores across the United States, this integration will introduce an exciting new in-store experience for customers.

Fendi Fashion

Fendi’s innovative offering is set to captivate and enchant customers across various touchpoints, with a particular focus on their presence within the LMVH Dream Box. Stepping into this extraordinary space, visitors are immediately drawn to a striking white model, elegantly displayed on a podium. This meticulously crafted replica represents Fendi’s renowned headquarters in Rome and serves as the centerpiece for an immersive augmented reality experience. By donning a headset, customers are transported into a wondrous virtual tour of this iconic location, bringing the concept of “omnichannel” to life in a truly remarkable way.

Dior Couture Maison Tools

Dior Couture offers an intimate glimpse into the tools employed by the Maison to enhance the customer experience and foster stronger relationships with its sales advisors. Introducing the exclusive Dior Star clienteling app, Dior merges digital innovation with human expertise, forging a groundbreaking solution that consolidates various functionalities into a single app. This connected ecosystem empowers Dior’s sales advisors throughout the entire sales process. With Dior Star, advisors can seamlessly prepare for personalized customer visits by accessing important details, curating wishlists, and more. The app also facilitates the booking of appointments, streamlines the purchase and payment process with tap-to-pay functionality, and even enables the preparation of duty-free tax refunds while navigating the store. Dior Star truly revolutionizes the sales ritual, providing a comprehensive and efficient tool for Dior’s dedicated sales staff.

Louis Vuitton Virtual Reality group experience

Step inside and embark on a captivating journey known as “Immersive Asnières” curated by Louis Vuitton. This awe-inspiring virtual reality group experience awaits you as you pass through the door. Equipped with a VR headset, you are instantly transported to Asnières, the birthplace of Louis Vuitton, where you embark on a personalized tour of the historic workshops and the founder’s family home. Delve into the world of Louis Vuitton as you explore their iconic products and witness the exceptional savoir-faire firsthand, immersing yourself in an experience that makes you feel as if you were physically present in this remarkable setting.

Loro Piana products with Aura Blockchain for the luxury industry

Loro Piana is showcasing its latest innovation in product traceability and certification at the event. By leveraging the Aura Blockchain designed for the luxury industry, Loro Piana ensures that its products, crafted from exquisite noble materials, can now be easily traced and verified. Customers are provided with a valuable digital product passport, offering comprehensive details such as the origin of the fibers, the weaving location and date, as well as information about the garment’s craftsmanship, including the time and place of its creation. This implementation brings transparency and authenticity to Loro Piana’s offerings, empowering customers with a deeper understanding and connection to the products they cherish.

These were few of the offerings from LMVH. During the four days of the show, LMVH stage will host nearly 60 conversations. LMVH was also featured on the first day of VivaTech.

Samsung will Showcase Latest Innovative C-Lab Projects 

Samsung Electronics announced that, it will be showcasing innovative projects developed through its C-Lab program at VivaTech 2023.

Samsung is making its presence felt at VivaTech by establishing a dedicated exhibition space called the “K-Startup Hall – 1” for its C-Lab initiatives. Within this space, one project from C-Lab Inside, an internal venture program for employees, will be showcased, along with four startups nurtured through C-Lab Outside, a program designed for external startups.

By participating in VivaTech, C-Lab projects and startups gain the invaluable opportunity to assess the global market’s response to their innovations. This platform allows them to strengthen their business propositions while engaging with a diverse audience of visitors. Moreover, they can actively participate in investment discussions and explore potential business collaborations through on-site consultations. VivaTech provides an ideal setting for Samsung’s C-Lab projects and startups to gain exposure, gather feedback, and accelerate their growth in the ever-evolving tech landscape.

Samsung Research recognized the potential of Relumino, a visual aid solution designed to assist individuals with low vision, and selected it as a C-Lab Inside project in 2016. Since then, Samsung Research has dedicated efforts to further developing and refining the technology.

The upcoming 2024 Paralympic Games in Paris have sparked increased interest in apps and services catering to people with disabilities. Junghoon Cho, one of the Samsung researchers involved in the development of Relumino, expressed that participating in exhibitions such as VivaTech presents a valuable opportunity for Relumino to progress even further.

Launched in October 2018, the C-Lab Outside program aims to foster a vibrant startup ecosystem in Korea. Startups enrolled in this program receive various support mechanisms, including office spaces, expert mentoring from Samsung employees, digital marketing assistance, and financial consulting. Moreover, they benefit from potential partnerships with Samsung and gain exposure through participation in renowned IT exhibitions such as CES, VivaTech, and KES (Korea Electronics Show). This comprehensive support system empowers startups to thrive and accelerate their growth in the competitive tech industry.

Femtech at Center Stage

Femtech is emerging as a prominent focus at this year’s VivaTech event. The sector’s rapid growth is evident, with its value surpassing $30 billion (€27.6 billion) in 2022 and projected to reach an impressive $135 billion (€124 billion) in 2023.

Recognizing the significance of femtech, VivaTech has introduced the inaugural Femtech Village. This dedicated space allows start-ups to showcase and demonstrate their innovative solutions targeting menstrual and reproductive health, mental well-being, and other related areas.

In a lighthearted move to bring more attention to the femtech sector, the team behind Gapianne, an innovative company, has playfully renamed the event as VulvaTech, aiming to raise the profile and awareness of femtech even further.

Elon Musk as a Speaker

Elon Musk, the tech billionaire and previously Twitter CEO (Assigned position to Linda Yaccarino) has been announced as this year’s, one of the keynote speakers. Isn’t this gives, one more reason to attend VivaTech – Viva Technology event.

India Participation – Country of the Year 2022

The India Pavilion at VivaTech 2023 was officially inaugurated by Jawed Ashraf, India’s Ambassador to France. It is worth mentioning that India held the prestigious title of ‘Country of the Year’ at VivaTech in 2022.

This year, a strong contingent of approximately 70 Indian startups is participating in the event, under the guidance and support of the Ministry of Electronics and Information Technology (MEITY) and the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. Their presence highlights India’s vibrant tech ecosystem and showcases the innovative prowess of Indian entrepreneurs on a global stage.

Conclusion:

As France eagerly anticipates hosting the prestigious Rugby World Cup and the 2024 Olympic Games in Paris, the upcoming year promises to be monumental for the country’s sports scene. Given these major sporting events on the horizon, it comes as no surprise that AI and Sport Tech have taken center stage at this year’s VivaTech. The convergence of artificial intelligence and sports technology is capturing significant attention as industry leaders and innovators explore groundbreaking solutions to enhance athletic performance, fan engagement, and the overall sports experience.

VivaTech 2023 is set to be an exceptional and innovation crazy event that unites the tech community and encourages collaboration. It showcases the cutting-edge innovations and technologies, shaping our world. Attendees can expect an immersive experience filled with inspiring keynote speeches, thought-provoking discussions, remarkable exhibitions, and networking opportunities that foster new partnerships and propel the tech industry forward. Whether you are an entrepreneur, investor, or tech enthusiast, VivaTech is a must-attend event to stay at the forefront of technology trends and witness the future in action.

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