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COMPUTER HARDWARE & SERVICES | IT Services / IT Solutions & Software Development
iotechsys.com

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Founded Year

2017

Stage

Series A | Alive

Total Raised

$10M

Last Raised

$7.5M | 2 yrs ago

Mosaic Score

+100 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About IOTech Systems

IOTech builds and deploys open and secure software edge platforms for the Industrial Internet of Things (IIoT) helping drive IoT innovation, global market adoption, velocity and scale. The company’s products address the full spectrum of secure hard and soft real-time edge computing needs, dramatically reducing time to market and system integration costs for our partners who are the supply chains to multiple vertical IIoT market domains.

IOTech Systems Headquarter Location

The Core, Science Central, Bath Ln

Newcastle upon Tyne, England, NE4 5TF,

United Kingdom

44 (0)191 495 7361

Latest IOTech Systems News

IOTech and PMY Partner to Enhance Venue Management Solutions

Jul 21, 2021

The two companies are integrating IOTech’s edge computing and Edge Builder management platforms with PMY’s Smart Operating Platform July 21, 2021 09:57 AM Eastern Daylight Time EDINBURGH, England--( BUSINESS WIRE )-- IOTech , the edge software company, is partnering with PMY Group (PMY), a leading independent technology company to drive innovation in the venue management industry. The organizations are collaborating to integrate IOTech’s edge software technologies with PMY’s venue management solutions. Through its Smart Operating Platform, PMY provides a technology overlay and services for major events, festivals and conventions, including Grand Slam tennis tournaments and other major sporting events. The platform provides a centralized solution to monitor system health and performance; analyze crowd movement and usage patterns in real-time; automate the communication and response to operational issues; and predict future behavior to make optimal business decisions. The two companies are working together to integrate IOTech’s Edge Xpert and Edge XRT computing platforms and Edge Builder edge management platform with PMY’s Smart Operating Platform. Edge Xpert and Edge XRT address IOT connectivity and IT/OT integration. Edge Builder provides dynamic edge management capabilities to allow companies such as PMY to deploy their platforms to customers quickly and at scale. It also provides the ability to maintain and extend a deployment easily, regardless of whether the platform is in permanent or temporary use, as in the case of special sport and entertainment events. “PMY is always interested in enhancing and adding new services to our Smart Operating Platform,” said Joe Costanzo, Chief Technology Officer at PMY. “Working with IOTech, we can introduce a number of new venue services that complement our existing portfolio. These services will be piloted during the coming months in a risk-free way for our customers”. IOTech will progressively construct and pilot a baseline product to support use cases for sports venue/smart cities customers, based on IoT edge technologies. An initial use case will focus on monitoring and compiling bus occupancy and locations. Subsequent pilots will look at crowd movement and size data within venues, and analyzing parking facility usage. “IOTech is excited to partner with PMY to deliver new and enhanced venue management services in the sports and entertainment industry”, said Keith Steele, CEO of IOTech Systems. “Through our open, comprehensive and flexible edge solutions, we’re driving IoT innovation and adoption”.

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Research containing IOTech Systems

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned IOTech Systems in 1 CB Insights research brief, most recently on Mar 11, 2021.

Expert Collections containing IOTech Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

IOTech Systems is included in 5 Expert Collections, including IIOT Landscape.

I

IIOT Landscape

498 items

Companies in the industrial internet of things space, including sensor analytics platforms, edge computing, asset tracking, and more.

S

Supply Chain & Logistics Tech

2,865 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Advanced Manufacturing

1,064 items

T

The Edge Computing Landscape

343 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

I

Internet of Things ( IoT )

3,149 items

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