2019 is off to a robust start, with market uncertainties that lingered at the end of 2018 giving way to a confident footing as the year unfolds. Connected Industry startups have emerged well funded and poised for growth in a steady economy.
With interest in blockchain receding as the next big thing, Artificial Intelligence is moving front and center as the primary topic of interest among Connected Industry practitioners. Money is pouring into the R&D and startups, with investments from corporates such as Xiaomi following on aggressive spending by Microsoft, Google, Amazon, Salesforce, Baidu, Tencent and many other firms.
AI is one of the fastest growing sectors in VC funding, there are now over 10,000 AI startups in the US according to Sand Hill Econometrics. The role of AI is increasingly strategic for Connected Industry, helping to accelerate the innovation of truly predictive analytics and paving the way for autonomous systems.
Connectivity is also in the spotlight as 5G rollouts begin this year, opening up a new realm of Connected Industry use cases. At the other end of the spectrum, low power alternatives in particular LoRaWAN are gaining momentum, with The Things Conference in Amsterdam highlighting the growing adoption of the open standard in over 100 countries and by over 100 different carriers. Momenta is a believer in the innovative potential of low power WAN technologies, announcing the new LPWAN Ventures Fund earlier this month. The combination of AI, powerful connectivity and the data from IoT is igniting the most exciting wave of innovations we've seen yet!
Artificial Intelligence and Machine Learning technologies accelerate the evolution of next generation solutions in the Industrial IoT. In our upcoming webinar we will explore where and how this revolution is underway and highlight innovative firms applying AI to their Connected Industry solutions.
Edge Podcast
______
The Momenta podcast series features leading practitioners, innovators and thinkers across Connected Industry, Digital Transformation (DX) and the digital technology landscape.
#44Donna Moore, CEO and the Chairwoman of The LoRa Alliance
#45Rick Bullotta, Technologist, Founder of Lighthammer and ThingWorx
#46 SK Reddy,Chief Product Officer in AI at Hexagon, Entrepreneur
EquipmentShare, a hyper-growth company disrupting the ten trillion dollar construction market retains Momenta Partners to support key Executive and Non-Executive hires.
CloudLeaf, a Silicon Valley based pioneering Supply-Chain and Enterprise visibility company retains Momenta Partners to make C-Suite and VP appointments.
VES Environmental Solutions, a leading global provider of Environmental and Control Systems for agriculture and industrial markets retains Momenta Partners to appoint a VP Engineering and VP WW Sales.
Market leading practitioners, entrepreneurs, industry experts, authors, investors and thinkers of digital transformation share perspectives on their experience, successes, misses, lessons and outlook for the future.