Internet of Things Inc., a Toronto-based IoT software and solutions provider, is capitalizing on leading-edge R&D and commercially available technology to accelerate its product development cycle.
“We are very excited about working with leading universities to buildout our next-generation IoT technologies and products,” said IoT Inc.’s CEO Michael Frank. “We believe these partnerships will accelerate our growth strategy in both China and North America. We have had conversations with institutions in Ontario, Alberta, British Colombia, California and Pennsylvania.”
As part of this initiative, IoT Inc. will look at acquiring products or services near commercialization which the universities’ commercialization offices have vetted, incubated and field-tested.
The key areas of focus are:
- Analytics for structured and unstructured data in social media;
- Sensor technology in low powered, robust platforms;
- Secured communications & enhanced cybersecurity solutions; and
- New forms of financial services
IoT Inc.’s university technology partnerships will target industries including manufacturing, energy, agriculture, and transportation.