December 2018 By Leslie Stones
Technology never stands still – which is a good job considering that our problems never stand still either.
Issues like poverty, hunger, disease, the quest for knowledge and connectivity or even our ceaseless desire to be entertained are burning challenges that the smartest brains are working to resolve.
Here are some of the people who Brainstorm believes are poised to make a difference.
Nico Steyn, CEO of IoT.nxt
Everyone talks about the Internet of Things (IoT), but Nico Steyn is such a believer that he named his company after the concept.
Steyn is the CEO of IoT.nxt, which has grown from a startup in 2015 to employ more than 100 people, with offices in The Netherlands and the US. That global expansion was made possible with R100m from its investment partner Talent10 Holdings. Steyn aims to grow IoT.nxt into an internationally relevant, but still proudly African business, creating jobs for Africans, and solutions for the world.
The company develops innovative software based on its patented Raptor gateway, which is technology-agnostic and lets companies rapidly digitise any industry, system or process to create an interconnected, interoperable ecosystem without disrupting the business. It’s been described as a world-leading framework that makes efficiencies, cost savings and increased revenue from IoT a reality, according to Nedbank, which chose IoT.nxt to participate in its Disruption Agenda matchmaking programme.
One project is seeing the Raptor gateway being rolled out in Florida and Dallas to optimise the amount of energy used by schools. Three people from IoT.nxt went to the US to manage the operation and to train local partners to take it forward.
Steyn and IoT.nxt have won several awards already, including being named by Gartner as African Aspiring Innovators to Watch, being a finalist in the Da Vinci TT100 innovation index for Emerging Enterprises, and being the overall winner of the MTN Business IoT Awards.
The company has achieved Level 1 B-BBEE status and is a Microsoft Gold Partner. It’s also become a silver partner of The Linux Foundation, a status that excited Steyn as he sees great opportunities to use open source software in IoT applications.
Michael Jordaan, Founder of Montegray Capital
During his decade as the CEO of First National Bank, Michael Jordaan was dubbed South Africa’s coolest CEO and Africa’s most innovative banker.
He’s still being cool and innovative despite ‘retiring’ in 2014, since he’s put his skills and his money to good use by forming Montegray Capital, a one-man-band venture capital company.
The modus operandi for Montegray Capital is to find highly differentiated businesses with a minimum two-year trading history, proven customer traction and the potential for rapid growth. In exchange for a meaningful minority stake, it provides those companies with growth capital of R2 million to R5 million, strategic advice and access to business networks.
Read more: https://bit.ly/2F5D9jH
Unbelievable projects, growth and a brilliant team – our success in 2018 was a testament to our incredible people. Here’s to 2019: Glorious partnerships and client relationships, big changes, bigger disruption and goals that we know are going to make a massive difference to industries across the globe.
“One man’s ceiling is another man’s floor, and the sky really is the limit.” ~ CEO of IoT.nxt, Nico Steyn
13 December 2018
South African innovators in Internet of Things technology, IoT.nxt, added Microsoft Gold Partner status for Cloud Platform to its competencies this month, its second such competency after it was recognised as a Gold Partner for Data Platform in 2017.
“According to Gartner the worldwide public cloud services market is projected to grow 17.3% in 2019 to total $206.2 billion, up from $175.8 billion in 2018. Being a Microsoft Gold Partner for Data Platform is testament to the commitment of our team as they are required to pass stringent assessments,” says CEO, Nico Steyn.
“Gold Certified Partners represent the highest level of competence and expertise with Microsoft technologies, and have a close working relationship with Microsoft. Achieving this status recognizes our success in the marketplace,” Steyn added.
“Being ranked as a Gold Partner provides us with access to a range of support services and a knowledge base at Microsoft as well as exceptional training opportunities, which will ultimately be to the benefit of our customers. Furthermore, as our company has expanded beyond South Africa this further Gold Partner status achieved will help us drive our global growth plans,” Steyn says.
“Three additional team members have added cloud-based qualifications and became Microsoft Certified Professionals (MCPs), enhancing our knowledge of MS Azure cloud. IoT.nxt now has twelve MCPs in the team and we will continue to build our Microsoft knowledge base,” Steyn says.
“Technology, and IoT technology and strategies specifically, are advancing at a rapid pace. This partnership will assist us in staying up to date with technology capabilities required from us by customers. We believe IoT is not about technology but about business strategy and approach all our customer relationships from this point of view. Being a Microsoft Gold Partner gives companies we engage with assurance that we are committed to the highest level of excellence and professionalism, with the backing of Microsoft,” he added.
IoT.nxt opened its first international office in The Hague in The Netherlands last year and set up operations in the USA for a multi-million-dollar project at public schools in September.
ISSUED BY: IoT.nxt
For further information please contact:
Daleen van Wyk
Tel: 083 302 0827
Email: [email protected]
CEO, Nico Steyn, shared more about the establishment if IoT.nxt and what the company has achieved; in an interview with Classic1027FM Business Breakfast. Listen here:
8 November 2018
IoT.nxt USA has already successfully secured a multimillion-dollar energy management project in Florida state, which uses the IoT.nxt platform technology and strategies to deliver energy optimisation and reduce consumption.
A South African innovator in the Internet of Things (IoT) technology firm IoT.nxt is hoping the appointment the appointment of a COO for its Americas operation will give impetus to its US expansion and firmly establish its US operation.
Jason Bradlee, who has served as executive VP and head of security for Fujitsu Americas and before that he acted as VP at Ericsson, will be based in Dallas, Texas, which is the IoT.nxt USA office. IoT.nxt’s European office is based in The Hague, The Netherlands.
“This appointment will give impetus to our US expansion and firmly establish our US operation,” says IoT.nxt CEO, Nico Steyn.
Steyn added that Bradlee’s client service experience and vast knowledge of the latest digital technology and security trends will help and guide customers to understand and navigate evolving IoT and security challenges.
Read more: https://bit.ly/2yVr3Vu
By Brendyn Lotz 24 October 2018
The Institute of Information Technology Professionals SA (IITPSA) has named the finalists in its annual President’s Awards.
The awards seek to recognise people and solutions that support, grow or contribute to the IT sector in a meaningful way.
This year the ceremony will be giving away two additional awards.
These are the Technology Excellence Award for the person or team who has made exception or innovative use of technology for an organisation or has exhibited technological excellence that has delivered measurable benefit for the business or economy at large.
The second award is the Social Responsibility / Community award which will be presented to the person, team or project that delivers the benefits of IT on a not-for-profit basis.
The IT Personality Award finalists
Brett St Clair – CEO and co-owner of Siatik, Google’s largest cloud partner in Africa. St Clair was previously Managing Director of Admob and ran Google’s mobile business and African Cloud Business as well as serving as Head of Digital at Youtube. He has lived and worked in 32 countries and is a well-known keynote speaker on digital business.
Nico Steyn – CEO and co-founder of IoT.nxt. Steyn’s 30-year career in IT has included founding a number of technology companies, including one now listed on the JSE. IoT.nxt, established in 2016, now has over 100 staff and offices in South Africa and The Netherlands and the U.S.
Read more: https://bit.ly/2Sjs8yG
Local Internet of Things (IoT) technology innovator, IoT.nxt is making waves in the US with its patented Raptor gateway solution currently being rolled out in a multimillion-dollar project designed to optimise energy usage at schools in Florida and Dallas.
On the back of this, IoT.nxt is fast-tracking its plans to expand into the US with the establishment of a US office similar to the one the Pretoria-based company established in the Netherlands 12 months ago.
IoT.nxt CEO Nico Steyn said expansion to the US had been a goal for the company which had been exploring various opportunities since late last year.
“The project which we are rolling out with two partners, Ensight Solutions of Australia and Minimise USA, has fast-tracked our USA strategy,” he said.
The first phase of the energy management project will run to the end of this month with three team members from IoT.nxt SA currently in the US to manage it. Thereafter, employees at Ensight Solutions and Minimise USA, will be trained to manage further phases of the roll-out.
Read the full article, here: https://bit.ly/2oM93Yc
It is quite evident that the Internet of Things (IoT) is developing and growing at an ascending rate. RFID sensors, Wearable gadgets, Vehicles and software are evolving past the rudimentary functions and the network is accelerating to include additional advancements every day.
One can likely say that the number of connected gadgets at their home is more than what it used to be in the last year. This rapid growth is likely to hasten in the years to come including the place of our business and public surroundings.
The future of IoT is on the rise. According to IT Pro, approximately 3.6 billion gadgets are connected to the Internet which are used for our everyday tasks in the year 2018 alone. One can safely say that the total number of devices connected to the Internet is larger than that. This means more traffic & more data are on an already jammed connected internet. In the following year, there will be a harder push for 5G connectivity which will add a lane to the already jammed and congested web highway to handgrip the increase in devices.
With keeping this in mind, Insights Success Magazine has shortlisted, The 10 Most Innovative IoT Startups to Watch, 2018 who are raising the bar with their innovative IoT solutions.
Read more: https://bit.ly/2AIZAJX
31 July 2018
“IoT creates value for business and also in many other applications like the management of cities. It was exciting to see many developments in this field, a year since we won this prestigious award.” – Co-founder and CEO Nico Steyn in conversation with Powerfm987 after the award ceremony for the 2018 MTN Business IoT Award, presented in Johannesburg.
IoT.xt CTO Bertus Jacobs served on the judging panel to select the winners for this year’s award.
Listen to the interview here: https://bit.ly/2OAJyos
The 2018 winner is the MineRP and @FlowCentricNews team, propelling mining into the future.
30 July 2018
Almost a year ago, South African company IoT.nxt expanded its operations to The Hague to shape its international ambitions. We spoke to Joe Bester, Marketing Director at IoT.nxt in The Netherlands, about IoT.nxt and his experience of doing business in The Hague in the past year.
What is IoT.nxt?
“IoT.nxt was established in South Africa late in 2015 by a small group of tech entrepreneurs who discovered an opportunity to innovate in Internet of Things technology and strategy. From start-up beginnings, the company experienced explosive growth and demand for its solutions. The demand and interest from Europe following participation at various expos and conferences on the continent led to the establishment of IoT.nxt’s first international office in The Hague in September 2017.
The company has taken a different view to that of many other companies and has developed various sets of innovative technology. IoT.nxt has taken a bottom-up approach as opposed to the bulk of other companies taking a down from the cloud approach. The company has now identified a convergence of the cloud and the edge, which is fundamentally changing what is taking place in the industry. IoT.nxt is therefore perfectly positioned to take advantage of IoT technology becoming real across several industries. IoT.nxt is now at point where companies are implementing its strategies and technology and seeing value. For example, we recently launched a so-called ‘IoT in a box’ solution with global tech giant Dell, combining the company’s intelligent edge IoT gateway – the Raptor™ – with Dell Gateway technology and through this enabling rapid digital transformation.”
Choosing for The Hague
“Dutch legislation is very business-friendly and especially favourable towards technology start-ups. The Netherlands has an established global reputation for its support of innovation in technology, which made it the logical choice for IoT.nxt. The Hague has been a fantastic base to co-ordinate all of our activities in Europe. The city has a business friendly environment and we had an excellent experience in all dealings with all of the Dutch authorities.”
First year of doing business in The Hague
“We have been here for ¾ of the year and it has been most encouraging. Our commercial model is to distribute our solution through value adding partners like System Integrators and consultancy firms that are active in setting up strategies and implementations for enterprises to digitise. We have formalised partnership agreements with a number of significant players in the Netherlands and other Benelux countries and are actively engaging with clients. Globally we are currently involved in 30 different projects and projects in Europe are an exciting part of this.
Eyes on the horizon
‘We see our pipeline in Europe getting stronger and stronger, and for the year ahead we expect to add a number of projects to an exciting pipeline. The US is offering many exciting opportunities and we believe, due to the attitude of early adoption that prevails, that this will be a significant revenue generator for us”, says Bester.