By Sophie Mc Donagh on Nov. 6, 2018
Momenta was proud to host a panel session on Startups in IoT co-moderated by Jesse DeMesa and Microsoft's Ron Zahavi, offering a deep dive into the realities of startup life through the experiences of Rigado, ViewGlass, and Momenta portfolio companies, Parquery and Crate.
In another panel session, startups were proudly providing not only challenges but solutions as they discussed "How To Survive Machine Automation and Attract New Skilled Workers." Startup representatives Andy Ellicott, CMO of Uptake discussed the impact of machine automation on both the current and future workforces. Also, the impact within those companies and first hand examples from their own customers about how Industry 4.0 was shaping up.
They weren't the only startups getting their voices heard. There were plenty of established traditional companies present at IOTSWC, but a number invited startups along to showcase their collaborative customer success stories, and others were present as part of regions or countries represented.
Startups in IIoT are creating solutions which increase efficiency, improve supply chains, reduce waste and provide greater safety for workers. They are typically different from first-time entrepreneurs in other sectors, especially as most have a background of previous company founding and may have already had a successful exit behind them. Those from universities have a extensive period of R&D of their technology, endorsed by academia and now becoming available to industry.
IOTSWC offered the opportunity to connect with a number of such startups. In particular, we were interested those that were using technology to solve the engrained problems of industry rather than simply replicating an existing use case. Here are some of the startups present that caught our eye:Tellmeplus (France)
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