10 IoT Startups to Keep an Eye On
10 innovative IoT start-ups to watch in 2020, from automotive, transportation, and the retail industry.
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If you thought that the ongoing COVID-19 pandemic is going to somewhat mute the excitement over IoT start-ups, you are wrong. On the contrary, it provided a suitable environment for tech start-ups to flourish and to innovate despite the challenges ahead. A lot of businesses were faced with the need to adapt to the new normal and start adopting technologies at a faster rate than ever before.
With that said, here's 10 of the most interesting IoT startups to watch as 2020 pulls in to a close.
A lot of simple IoT devices are finding their way into homes around the world. This is exciting, but also a little scary when you think about how much in your house could be hacked. Karamba software automatically prevents outsiders from changing the settings on your devices, with little impact on performance.
Among all the IoT startups, Tokinomo is certainly the most fun. Tokinomo provides robotic displays, which detect passing customers. When a customer walks by, a product will talk, dance on the shelf, and go about selling itself. This quirky performance makes sure customers remember the product after leaving the store.
What better way to start this list than with an IoT company out to help other IoT companies? Helium HotSpots provide "LongFi" networks with much greater range than wifi at a fraction of the cost of a cellular modem. This lets buyers help establish better connections for IoT devices for themselves and their community - and Helium is even offering their own cryptocurrency in exchange for buying and using the device.
Security doesn't just end at your house. Hospitals are quickly becoming one of the most connected places in our cities. Medigate monitors all devices on a hospital's network, quickly picking up on any suspicious uses and patterns. This IoT startup is making sure that our hospitals are secure at a time when we need them more than ever.
5. Smarter Sorting
Smarter Sorting is another IoT startup looking to help keep the planet green, this time from the perspective of waste management. Smarter Sorting tags and tracks information on your unsold products, giving you clearer and more efficient instructions on how to dispose of them in a safe and and environmentally friendly manner.
IoT startups can do great things for the environment as well! SPAN provides homes with the electrical panel of the future, which lets you see exactly how much power all your devices are using. This can give you a clearer guide to regulating your power usage. The SPAN app also helps you integrate solar power into your home, letting you more easily bring clean energy into your life.
Hopefully if being stuck at home during COVID will teach people one thing, its to appreciate the vital work that delivery drivers do for us every day. IoT startup Frayt allows independent contractors to be tracked via its app, and enables customers to receive delivery within the hour. Frayt even has no-contact delivery handled, with confirmation handled just through a photo.
IoT startups are going to be making many stores look quite different when customers return. CONEX creates smart shelves and platforms for prestige brands, providing customers with eye-catching displays and accessible information about the products on sale.
9. Finger Food
Finger Food is a startup that specializes in customization in the retail space, with a team of engineers and developers that create exactly the applications that retailers need. This lets any retailer have custom-designed IoT implementation. Their specialization is in Augmented Reality, creating virtual furniture and tents for companies like Lowe and MEC, letting customers visualize products before purchase.
Stockwell is re-writing everything we know about vending machines. The products in the Stockwell cabinet change as data on customer purchasing patterns is recorded - if your Stockwell is in a gym, healthier fare will start being ordered. Customers with the app don't even need a wallet to pay, simply grabbing what they need and letting the app handle the rest.
Published at DZone with permission of Corina Mihalache. See the original article here.
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