Gone are the days when we would run helter-skelter only to get a few tasks done. Well, it is all a different game now. IoT has transformed the world in more ways than one, wondering what is this weird sounding thing? Alright, let us let you in on this magnificent innovation in the field of science and technology. Based on information and communication technology, IoT - or rather the Internet of Things - connects the physical world with the digital one. Smart cities, connected vehicles, smart homes are all the gifts of IoT.Here’s a roundup of a few IoT startups that you need to watch out for in 2020. Because they are sure as hell are changing the life game. Yes, taking it all a notch up. After all, businesses and industries rely on them to get a much-needed boost.
Crate.io:
Arguably, one of the most competitive IoT startups of the time, crate.io is a Database for IoT-Scale that boasts of an SQL Database that features an integrated search for analyzing and storing machine data in real-time. It was founded in the year 2013 with CrateDB as its open-source distributed database for the developers. This offers the performance of NoSQL.
Having being collaborated with Azure Cloud services, CrateDB cloud is a turnkey data layer that hosts cloud service for IoT platforms. It is headquartered in San Francisco with Berlin and Dornbirn as its other office hosts. In the last 4 years, Crate.io has managed to generate $17.9M worth of funds.
Foghorn:
A developer of intelligence software for the manufacturing and distribution industry, Foghorn has come up with a miniaturized complex event processing software that produces analytics in real-time. This works wonders when there is a loss of internet connection in these industrial sites. FogHorn a Real-Time Edge Intelligence for Industrial IoT, transforms data into actionable, predictive insights right at the edge.
Furthermore, the Foghorn Lightning Platform enables edge computing, machine learning, AI implementation, and analytics. This startup focuses on leaving tiny footprints and being cloud-agnostic. It has raised a funding of $47.5M so far. We have already discussed how IoT and machine learning can be fused together for many applications, and Foghorn is another example of it.
Read Full Article: https://www.iotdesignpro.com/articles/top-iot-startups-to-watch-out-for-in-2020
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