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Is Centurion-based IoT.nxt Finally Ready to Take the World by Storm?

Gugu Lourie 27 March 2018

With a dedicated investor and a commitment to see a proudly South African firm conquer the world, IoT.nxt seems destined for greater things in the Internet of Everything market.

South African innovator in Internet of Things (IoT) technology, IoT.nxt has been trying to find its place in the global IoT space and CEO Nico Steyn says the company will remain proudly South African but “we are going to take our innovation to the world”.

Once an unknown business, it made headlines by getting R100 million from its dedicated investor and funding partner Talent Holdings, an investment holding company that has a philosophy based on partnering management, not dictating to them.

The investment firm – which is chaired by erstwhile CEO of Exxaro Resources, Sipho Nkosi – has done exactly that with its investment in IoT.nxt.

Fittingly enough, Talent Holdings had put money into IoT.nxt, and is seeing firsthand how giving management space to operate without interference could yield results.

What has the R100 million investment by Talent Holdings done so far for IoT.nxt?

The Centurion-based start-up is slowly morphing into a global player through its IoT device known as the Raptor, which allows for the migration of analogue devices and inputs into a digital platform, serving as a filter for big data and delivering cost savings and efficiencies to the client’s IoT ecosystem.

IoT.nxt now partners with global technology and computing hardware giant Dell to allow companies to rapidly digitise their business operations and make IoT solutions a reality.

The company will use Raptor in a box solution to provide companies with the ability to scale quickly as the Dell Raptor is already configured to be rolled out, yet comes with the support of Dell’s global network which offers warranties and superior service.

The IoT in a box will be distributed by Axiz, an industry leading value added distribution business that serves eight countries in Southern and East Africa.

Read full story here: https://bit.ly/2DYn628

https://techfinancials.co.za

SA’s IoT.nxt in Advanced Talks with Potential Partners in the US

Gugu Lourie 27 October 2017

While IoT.nxt has managed to expand into Europe and set up shop in the Hague, Netherlands, partnering with US firms may help the IoT company to be one of the biggest IoT firms in the world.

South African innovator in Internet of Things (IoT) Technology IoT.nxt said on Thursday it was in talks with potential IT partners to distribute its IoT solutions in the US as it seeks to conquer the strongest technology centre and driver of new technologies in the world.

IoT.nxt was unable to disclose the names of the potential partners it was in advanced talks with.

While IoT.nxt has managed to expand into Europe and set up shop in the Hague, Netherlands, partnering with US firms may help the IoT company to be one of the biggest IoT firms in the world.

“Whatever the outcomes of this (talks) will influence how we create our presence in the US. Will we be creating a presence in the US? No doubt about it,”  says Wayne Fitzjohn, IoT.nxt Chairman.

Who is IoT.nxt?

The failure of many IoT and Big Data platforms is their inability to – independently – completely connect all facets of an organisation.

IoT.nxt provides a highly differentiated application framework that consists of intelligent proprietary gateways (Raptor) and a back-end data orchestration platform (Commander).

Read more: http://bit.ly/2z3sqCA

https://techfinancials.co.za/

 

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