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When Is the Right Time to Exit an IoT Startup?
A weekly roundup of IoT's top articles, news, and more!
IoT For All
October 24, 2024
Hello readers,
Welcome to the IoT For All newsletter! This week, we’re taking a look at when the right time is to exit an IoT startup, how IoT prevents wind turbine disasters, and the business insights that can be gained by moving from people counting to people sensing.
📖 Top Articles
The IoT startup industry is booming due to the demand for smart, connected devices in various sectors, such as health care, manufacturing, and smart cities. However, this growth comes with fierce competition and the need for constant innovation to stay relevant. For IoT founders, having a well-thought-out strategy ensures they are ready if the business faces saturation, funding challenges, or regulatory hurdles.
 As the global energy landscape shifts toward renewable sources, wind farms are a key part of global energy production, providing 8% of the world’s power in 2022. However, the force that drives wind turbines, the wind itself, can pose a significant risk. Mitigating these risks is crucial, and due to the scale of modern wind farms, the industry is now turning to more connected and intelligent solutions, harnessing IoT. |  For years, IoT has helped business owners study people at the simplest level. People-counting IoT solutions are well-established by this point, and they can still provide lots of valuable insight. But sometimes you need to know more than how many customers are in your store at any given time. Sometimes you need to know what those people are doing too. That’s where people counting gives way to people sensing. |
🔥 Rapid Fire
NIST says lack of trust holds back IoT adoption in new report
Zscaler sees 45% increase in IoT malware attacks in new report
Fibocom showcases advanced modules at Enlit Europe 2024
Smart water metering market worth $7.36 billion globally by 2031
New composite monitoring tech protects grids from extreme climate
Struggling to Meet Low-Power Requirements? Otii Makes it Easier
The Otii Product Suite is your go-to solution for optimizing battery life in IoT and embedded devices, from development to maintenance. Offering both hardware and software tools, Otii enables precise device power profiling, battery life estimation, battery emulation and validation, and energy harvesting testing.
Designed for daily use at the developer's bench as well as in large automated test setups, Otii is not only flexible but also cost-effective, making it scalable across teams and product lines. It supports automated power analysis and optimization throughout all stages of product development. With Qoitech, you can streamline development, reduce costs, and create energy-efficient designs that meet the most stringent low-power requirements. Design smarter, longer-lasting devices with ease.
🎙️ The IoT For All Podcast
This week’s episode featured Jason Dietrich, Chief Revenue Officer at KORE, who discussed the IoT ecosystem and IoT for good. The conversation covered the evolution and future of the IoT ecosystem, the importance of standardized connectivity and managed services, the challenge of fragmentation, choosing the right connectivity partner, the economic viability of IoT solutions, monetizing IoT services, and sustaining business growth while providing social and environmental benefits.
🗓️ Events & Webinars
 | Com4 | Virtual October 29, 2024 |