2. 30 Years of IRIS and the IRIS Book 1982-
2015!
From Nyse/Euronext to the Canon Group: the
Strategic Reasons
3. €1.5 billion…of cumulated Revenue
€80 million…of cumulated Profit from Operations
1.8 million…of man-days by a motivated team
200,000…man-days of Research & Development
30 Years…Let’s Celebrate!
1 book…to share experience!
6. It has taken 5 years to launch IRIS (1982-1987)
Pre-spin-off phase is important to cover!
7. 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0.05 0.38 0.68
0.85
5.85
2.95
3.28 4.2
4.8
6.51
7.45 7.66
14.33
27.62
35.34
41.64
42.73
46.695
73.968
81.756
95.062
109.326
102.894
119.488
121.292
99.986
0 0 0
Management Team I
Pierre De Muelenaere
Jean-Didier Legat
Christian-Boon Falleur
Management Team II
Pierre De Muelenaere
Pierre Rion
Management Team III
Pierre De Muelenaere
Etienne Van de Kerckhove
Spin-off
Maturing
IPO and Accelerated Growth
Management Team IV
Pierre De Muelenaere
Takover and Integration
in Canon
Pre-Spin-off
IRISnumbersbecomeconfidential
IPO
Delisting
8. Answer some of the key questions? (not only the
What? But also, the Why?, Who?, When?, If?,…)
33 years on the same project…is exceptional!
IRIS, a small project…but very complex!
IRIS has gone through many different phases!
A Case Study with Lessons Learned…
…that can support conferences, courses,
seminars, etc.
…on several important topics!
Target: engineers, young entrepreneurs,
managers, professors, etc.
9. 1. Strategy & Management
◦ 10 Key questions and Lessons Learned
2. Technology & Innovation
◦ Top 5 Innovations for Technological Leadership
3. Partnership & Culture
◦ 10 Companies and Organizations that shaped IRIS
4. Disruption & Crisis
◦ IRIS and the Dark Side of the Business
5. Fun & People
◦ Just for Fun…around the world!
10. The 5 Topics!
The sections = specific subject matter!
The time line: 33 years and 9 phases!
11. Chapter 1: basic information => read first!
Chapter 2: IRIS Key Facts => reference!
Then:
1. Chose your color (your Topic)!
2. Select a section (question or subject matter)!
3. Directly discover the selected section!
a. Read the IRIS story!
b. Reflect on the Lessons Learned!
c. Build your own critical view!
The IRIS Book is a “Travel Guide to
Entrepreneurship”!
12. 1. The color of your Topic
2. The title of your section
3. Many pictures or cartoons
4. A quick reading path
13. 1. Topic and title of section
2. Lessons learned of specific or
general nature
3. Statement of a key
personality close to the story
14. Financial crisis of 2008!
Competitive threads!
Need to penetrate the Asian market!
From Scanners to MFP!
From IDR solutions to complete solutions!
15. Pro
◦ Successful company!
◦ Experienced Management!
◦ Strong financial structure!
◦ Deep pocket investors (AvH & CNP)!
◦ Strong industrial partner…
Cons
◦ Need to build a world-wide network for professional IDR
solutions
◦ Asia is out of reach!
◦ Defensive attitude of Canon!
◦ High-competitive risk!
16. Cons
◦ Loss of independence!
◦ Risk of failed merger!
◦ Business risk of the acquirer!
Pro
◦ IDR becomes mainstream!
◦ Market is moving towards integrated solutions!
◦ Canon has strong world-wide sales channels!
◦ Huge potential for R&D cooperation with Canon!
17. 1. Pro’s of Stock quoted
companies
2. Con’s
3. Short-term vision
4. Stand-alone versus
merge
5. Testing partnership
The view of Canon
Hinweis der Redaktion
I had to do something for the IRIS anniversary
How to make the best use of my time to help IRIS?
New projects, 1) Coach at the Yncubator 2) Investment Committee of the Qbic fund
Share a Useful experience. IRIS is an ancient spin-off and has been through many of the development phases
I had to do something for the IRIS anniversary
How to make the best use of my time to help IRIS?
New projects, 1) Coach at the Yncubator 2) Investment Committee of the Qbic fund
Share a Useful experience. IRIS is an ancient spin-off and has been through many of the development phases
1) The years,2) the name of the phase 3) the size of the team 4) the cash invested to grow the business
Why is IRIS a survivor in the OCR business
What has IRIS gone for an IPO
Why have we build an IP strategy
Why
Quick Reading path: This is a non-linear reading. The user will stop and then resume the reading. The quick reading path allows to quickly remember what has been said so far.
This page of Lessons Learned is a starting point for: exchange of experience, brainstorm, more theoretical presentations by experts.
Exemple: Intellectual Property, Financing, IPO, etc.