IoT.nxt to open Dutch office for Europe

IoT.nxt to open Dutch office for Europe

Wednesday 26 April 2017 | 13:48 CET | News

 

South African startup IoT.nxt will be opening an office in the Netherlands this July, the company told Telecompaper. The opening of a Dutch branch follows the opening of one in London early this year. The new offices will help IoT.nxt shape its international ambitions.

The Dutch office in the Hague will serve Europe, headed by Joe Bester, the marketing director at the company. A number of South African employees will also be involved in the new office, as well as Dutch staff.

“The Netherlands has a strong technological focus and was therefore a logical choice”, Bester explained, around the company’s choice for the Netherlands. Bester also believes the Netherlands provides a good climate for startups as well as highly educated developers. Bester also added that Dutch legislation relating to the protection of privacy and data fits the company’s own values.

New phase for growth

IoT.nxt developed a platform for companies to integrate their IT platforms seamlessly into IoT devices. The company built a field gateway that allows data flows to be managed efficiently. IoT.nxt last month raised ZAR 100 million (around EUR 7 million)to fund its expansion plans.Since its launch in October 2015, the company said it has grown sharply and that the new investment will allow for a new phase of growth.

At the end of last month, ABI published a survey that showed the number of wired and wireless IoT connections in the industrial sector rising this year by 13 million worldwide to an installed base of over 53 million.

https://www.telecompaper.com

IoT can transform agriculture

IoT can transform agriculture

19 April 2017

Using IoT technologies can push the efficiency of farming to completely new levels as the food demands of a growing global population puts increasing pressure on agriculture around the world.

According to a report by Business Insider published at the end of last year the world will need to produce 70% more food in 2050 than it did in 2006 in order to feed the growing population of the Earth, based on numbers produced by the UN Food and Agriculture Organization.

André Strauss, Director of Partnerships at IoT.nxt highlights five key areas where the use of IoT can dramatically improve efficiencies and reduce costs:

  • Digitization of the value and supply chains allows for produce to be tracked and traced from source to retail shelf, delivering quality control and the ability to immediately identify problem areas at production source.
  • By connecting all legacy machinery warehousing / packaging plants can be more productive and efficient. Farm managers can, for instance, assess how many packers, machines and delivery trucks will be required on any given day.
  • Energy management, a significant cost at large scale farming operations. Use of power, management of irrigation, pumps, dam levels, water required at production plants are all aspects of energy use that can be managed in real time and changed seamlessly for exceptional cost savings and improved efficiency.
  • Tracking of livestock which, amongst other things, will allow for management of health of livestock.
  • Management of fuel, another variable cost that has a direct impact on the cash flow of any farm. Using a digitized, connected management system allows for exact planning of fuel supply required for times of peak and reduced levels of activity.

BI Intelligence, Business Insider’s research service, predicts that IoT device installations in the agriculture world will increase from 30 million in 2015 to 75 million in 2020, for a compound annual growth rate of 20%.

According to the BI report the value of using IoT smart agriculture is evident in numbers available for the current leader of using IoT in farming, the United States, where 7,340 kg of cereal (e.g. wheat, rice, maize, barley, etc.) is produced per hectare (2.5 acres) of farmland, compared to the global average of 3,851 kg of cereal per hectare.

 

ISSUED BY:

IoT.nxt                                                                                        

Media contact: Daleen van Wyk +27 (0)83 302 0827