Back to the Future: IoT Themes for 2018

Predictions are so 2017…so instead, here are a few IoT themes that I’m excited about this coming year:

Edge Comes of Age

The promise of Edge and distributed computing, may seem like old news, however, much of enterprise processing still takes place on-prem or in the cloud. Corporate change management (painful) coupled with the cost of supporting both Edge and core (expensive) are contributing factors to slower adoption. However, as the rate of IoT deployments increase more generally, Edge processing and storage will take hold more quickly across industrial use cases (utilities, energy, transportation) where assets are often remote and further away from central infrastructure. This will significantly cut data ingestion costs, reduce network latency, increase security and help turn streaming data into real-time decisions. By some accounts, 40% of IoT derived data will be stored, processed, analysed and deployed at the Edge by 2019.

Enterprise Adopts a Voice

Consumers have embraced voice applications through beloved connected home and wearable devices. This makes sense considering that we type 40 words per minute and speak closer to 150 words per minute. However, the utility around consumer voice apps pales in comparison to the Enterprise. From robots to automotive, manufacturing to construction, voice provides a flexible, fast and cost efficient way to communicate and collaborate especially when hands and eyes are not available. There is little written about industrial IoT voice use cases, but watch this space in the coming year.

Blockchain Rising

We hear a lot about Blockchain solutions, however, questions around scalability, privacy and reliability have resulted in limited deployments and small scale pilots. However, the case for Blockchain IoT solutions is mounting with greater understanding of the benefits including, faster transaction processing, protected data transmissions, greater reliability and stability, and more efficient integration with existing technology infrastructure. And let’s not forget IoT cryptocurrency, IOTA, totted as a fast and safe way to buy and trade datasets.  

Health is Everything

Healthcare IoT had a slow start, falling prey to the usual slew of regulations, data security and device management concerns. Now on track to spend over one trillion dollars on healthcare IoT solutions by 2025, the impact on patients, doctors and hospitals will be profound. While consumer adoption of connected home devices and wearables has started to take hold, it’s enterprise solutions tapping into big data, payments and medical records that will reshape healthcare at scale. IoT can help force the industry to move more quickly towards adopting standards that unite disparate data sources, allowing for a comprehensive view of the patient. Many believe that data is the key to patient care, disease management, remote monitoring, predictive analytics and more…

Security – Ugg!

On a more somber note, even as IoT security awareness comes to the forefront, factors such as time to market, cost and user experience often take priority over basic security. As such, we will likely see more attacks on vulnerable endpoint devices as well as cloud platforms and therefore more exposure of sensitive customer data. On a positive note, more risk and breaches will force IoT companies to come together to work out broad standards, although doubtful this will happen in the next year.








IoT is Everywhere: Announcing the 2017 Class

From logistics to mining, aerospace to construction, health to retail, IoT touches everything we do. By 2025, IoT’s yearly economic impact will be more than $10 trillion. Tapping into this enormous opportunity, the Techstars IoT Accelerator is building an ecosystem for IoT entrepreneurs to flourish.

We have only touched the surface of a massive technology shift. This is why we partnered with industry titans: GE, SAP, Bosch, Verizon, PwC and Siemens (next 47), to create a collaborative environment for startups and corporates to learn and interact in real time.

The 12 startups selected to join the program work across multiple verticals, rewiring legacy industries and enabling meaningful innovation through IoT.

We are thrilled to announce the companies joining Techstars IoT:

Apollo is a conversational AI voice assistant device for any car.

Blik provides logistic companies process optimization in real-time with live data.

BuildSimHub is a 3D visual building energy modeling (BEM) collaboration and version control platform.

Makercase’s logistics platform allows brands to deploy cost efficient rental and ‘try before you buy’ services.

Module designs adaptable housing that changes as people’s needs do.

Muzzley is a single intelligent platform for connected devices, a complete Saas and PaaS solution for consumer IoT.

Omnio provides plug and play connectivity as a service for industrial devices enabling business to scale their IoT solutions.

RealSynth provides fully custom synthetic annotated image data for railways.

Seer Aerospace provides market-wide fleet intelligence for helicopters, business jets, and general aviation.

Strayos provides image processing and data analytics for mining and blasting companies.

Terrene enables customers to load any data from any sources and run predictive analytics on it.

Trexo Robotics builds exoskeletons that help people walk.








Office Hours: Techstars IoT (San Francisco)

Who: Startups looking to apply to the Techstars IoT Accelerator

What: Office hours

When: April 3-5

Where: San Francisco

Details: Click here to register for office hours!








Info Session: Techstars IoT/Atlanta (Tel Aviv)

Who: Startups looking to apply to Techstars IoT and Techstars Atlanta

What: Info Session

When: March 22

Where: Tel Aviv

Details: Click here to register for the event!








Hardware Cup 2017

What: Hardware Cup 2017

When: March 21

Where: Chicago

Details: Click here to register!








Office Hours: Techstars IoT (Chicago)

Who: Startups looking to apply to the Techstars IoT Accelerator

What: Office hours

When: March 21

Where: Chicago

Details: Click here to register for office hours!








Office Hours: Techstars IoT (Tel Aviv)

Who: Startups looking to apply to the Techstars IoT Accelerator

What: Office hours

When: March 21-25

Where: Tel Aviv

Details: Click here to register for office hours!








Info Session: Techstars IoT (New York City)

Who: Startups looking to apply to Techstars IoT 

What: Info Session

When: March 17-19

Where: New York City

Details: Click here to register for the event!








Women in Hardware Breakfast with Techstars IoT

Who: Startups looking to apply to the Techstars IoT Accelerator

What: Women in Hardware Breakfast with Techstars IoT

When: March 16

Where: Rise New York

Details: Click here to register for the event!








Info Session: Techstars IoT (Boston/MIT)

Who: Startups looking to apply to Techstars IoT

What: Info Session

When: March 14

Where: Boston/MIT

Details: Click here to register for the event!