IoT.nxt, South Africa’s Internet of Things startup to launch in London, UK early 2017

Local tech firm IoT.nxt gains Microsoft Gold Partner status

IoT.nxt, a South African innovator in the Internet of Things is set to open an office in London UK early 2017, the first international office for the company founded one year ago.

The Pretoria-based IoT.nxt says it chose the UK as its first expansion outside South Africa due to the established strong business and trade ties between the countries and ease of communication between that office and the local head office.

“It offers an excellent foundation for expansion into Europe at a later stage,” said IoT.nxt CEO, Nico Steyn. “We have experienced strong growth in the local market in the past year and we are ready to use the London office as a base to make inroads in the fast-growing global IoT market.”

According to the Business Insider’s premium research service, BI Intelligence, an estimated $6 trillion will be spent globally on IoT in the next five years. The report projects that there will be 34 billion devices connected to the internet by 2020, up from 10 billion in 2015. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

IoT.nxt says it has devised and implemented strategies and solutions for several companies in diverse industries in South Africa. These include a large coal mine, one of the biggest car dealership networks in the country and the largest meat processing operation for retail in SA.

”Using an IoT solution is about business strategy, not about technology. There are many efficiencies to be unlocked through the IoT. BI’s report listed three key areas that the IoT can improve a company’s bottom line – lowering operating costs; increasing productivity; and expanding to new markets or developing new product offerings. This is what we have achieved for our customers,” Steyn says.

IoT.nxt says its innovation offers companies a consolidated view of their entire IoT ecosystem, allows them to input all documented business processes into one workflow application, detect all devices on a network and dynamically capture their IP and MAC addresses.

IoT.nxt says its biggest breakthrough was creating a solution that allows any device, application, sensor, machine and also people on any network using any operating system to connect and interact. The platform is completely technology agnostic which allows a company to leverage off existing investments in systems and devices installed. It runs on a mobile platform and handles all industry standard protocols.

Steyn says the existing control centres used at many companies will become a thing of the past as IoT.nx will allow whatever device to create an immediate alert when one of the devices, sensors, applications. It also allows for multiple control rooms to be connected and exchange data.

IoT.nxt’s IoT ecosystem is managed by Raptor, a device which allows migration of analogue devices and inputs into a digital platform. It serves as a filter for big data and delivers cost savings and efficiencies to the client’s IoT ecosystem. Raptor is a translation tool that aides communication between less sophisticated devices over an IP network.

The company has identified associates in the UK but two members from IoT.nxt South Africa will be based there during the launch phase of the office.

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SA startup IoT.nxt expands to UK

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South African Internet of Things startup IoT.nxt will open an office in London early in 2017, signalling the first international expansion for the company founded one year ago.

Disrupt Africa reported in June the Pretoria-based IoT.nxt had developed a framework that moves business beyond islands of automation and towards a seamless horizontally and vertically integrated digital enterprise.

The startup’s software allows pretty much all devices to be connected and to share information. Chief executive officer (CEO) Nico Steyn said IoT.nxt had experienced strong growth in South Africa and would use its new London office as a base to make inroads into the global IoT market.

“We have devised and have implemented strategies and solutions for several companies in diverse industries. These include a large coal mine, one of the biggest car dealership networks in the country and the largest meat processing operation for retail in South Africa,” he said.

Steyn said using an IoT solution is about business strategy, not about technology, with there being many efficiencies that can be unlocked through IoT.

“Our innovation offers companies a consolidated view of their entire IoT ecosystem, allows them to input all documented business processes into one workflow application, detect all devices on a network and dynamically capture their IP and MAC addresses,” he said.

“The biggest breakthrough we developed was creating a solution that allows any device, application, sensor, machine and also people on any network using any operating system to connect and interact. The platform is completely technology agnostic which allows a company to leverage off existing investments in systems and devices installed.”

IoT.nxt has chosen the UK as its first expansion destination outside South Africa due to the established strong business and trade ties between the countries and ease of communication between that office and the local head office.

Steyn said it offers an excellent foundation for expansion into Europe at a later stage.

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Local IoT innovator expands to the UK

Posted by IT-Online on Dec 13, 2016 in News

Pretoria-based IoT.nxt, will open an office in London UK early in 2017, the first international office for the company founded just one year ago.
“We have experienced strong growth in the local market in the past year and we are ready to use the London office as a base to make inroads in the fast-growing global IoT market,” says IoT.nxt CEO Nico Steyn.
Business Insider’s premium research service, BI Intelligence, reported in August this year that an estimated $6-trillion will be spent globally on IoT in the next five years. BI Intelligence projects that there will be 34 -billion devices connected to the internet by 2020, up from 10-billion in 2015. IoT devices will account for 24-billion, while traditional computing devices (such as smartphones, tablets and smartwatches) will comprise 10-billion.
“According to the BI report businesses will be the top adopters of IoT solutions, which is what we experience in South Africa,” says Steyn. “We have devised and have implemented strategies and solutions for several companies in diverse industries. These include a large coal mine, one of the biggest car dealership networks in the country and the largest meat processing operation for retail in SA. Using an IoT solution is about business strategy, not about technology.
“There are many efficiencies to be unlocked through the IoT. BI’s report listed three key areas that the IoT can improve a company’s bottom line – lowering operating costs; increasing productivity; and expanding to new markets or developing new product offerings. This is what we have achieved for our customers,” he adds.
“Our innovation offers companies a consolidated view of their entire IoT ecosystem, allows them to input all documented business processes into one workflow application, detect all devices on a network and dynamically capture their IP and MAC addresses.
“The biggest breakthrough we developed was creating a solution that allows any device, application, sensor, machine and also people on any network using any operating system to connect and interact. The platform is completely technology agnostic which allows a company to leverage off existing investments in systems and devices installed,” Steyn says.
It runs on a mobile platform and handles all industry standard protocols. “The existing control centres used at many companies will become a thing of the past as our solution will allow whatever device to create an immediate alert when one of the devices, sensors, applications – anything that is connected – experiences a problem, breakdown or when an emergency situation develops. It also allows for multiple control rooms to be connected and exchange data,” Steyn says.
The IoT ecosystem is managed by an IoT.nxt device known as the Raptor. The Raptor allows migration of analogue devices and inputs into a digital platform. It serves as a filter for big data and delivers cost savings and efficiencies to the client’s IoT ecosystem. Raptor is a translation tool that aides communication between less sophisticated devices over an IP network.
“We chose the UK as our first expansion outside South Africa due to the established strong business and trade ties between the countries and ease of communication between that office and the local head office. It offers an excellent foundation for expansion into Europe at a later stage,” Steyn adds.
The company has identified associates in the UK and two members from IoT.nxt South Africa will also be based there during the launch phase of the office.

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SA IoT Firm Spreads Its Wings To The UK

SA IoT Firm Spreads Its Wings To The UK

GooGoo Laurie 12 December 2016

South African-based Internet of Things (IoT) firm IoT.nxt will open an office in London UK early 2017, the first international office for the company founded one year ago.

The Pretoria-based IoT company has identified associates in the UK. The company said two members from IoT.nxt South Africa will be based in the UK during the launch phase of the office.

“We have experienced strong growth in the local market in the past year and we are ready to use the London office as a base to make inroads in the fast-growing global IoT market,” IoT.nxt CEO, Nico Steyn, said in a statement.

“We chose the UK as our first expansion outside South Africa due to the established strong business and trade ties between the countries and ease of communication between that office and the local head office. It offers an excellent foundation for expansion into Europe at a later stage.”

Business Insider’s premium research service, BI Intelligence, reported in August this year that an estimated $6 trillion will be spent globally on IoT in the next five years.

BI Intelligence projects that there will be 34 billion devices connected to the internet by 2020, up from 10 billion in 2015. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

The IoT ecosystem is managed by IoT.nxt innovative device known as the Raptor. The Raptor allows migration of analogue devices and inputs into a digital platform. It serves as a filter for big data and delivers cost savings and efficiencies to the client’s IoT ecosystem. Raptor is a translation tool that aides communication between less sophisticated devices over an IP network.

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