Rewiring Legacy Industries and Creating the IoT Universe
By 2025, IoT’s yearly economic impact will be more than $10 trillion. Where will we see the majority of that impact? Industries and commercial enterprise.
To tap into this enormous opportunity, Techstars IoT aims to build a new ecosystem for IoT entrepreneurs with a B2B focus.
“While IoT is an exciting space with limitless opportunity, we are still early in that there is no real standardization or infrastructure that benefits everyone.” says Jenny Fielding, the Managing Director of Techstars. “This is why we partnered with GE, Verizon, PwC, Bosch and SAP, to provide a common ground for these industries to come together and help startups innovate.”
The 10 startups selected are rewiring legacy industries and enabling meaningful innovation through IoT. From healthcare to construction, we are proud to announce the future innovators of the B2B space.
Jenny Fielding Managing Director in Rotation at Techstars. Prior to joining Techstars, Jenny headed up a corporate venture and digital innovation group at BBC Worldwide where she made strategic investments and led business development deals. @jefielding