{"id":43724,"date":"2023-10-20T15:30:39","date_gmt":"2023-10-20T15:30:39","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/internet-of-things-on-the-move-innov8-seed-principal-startupsmart\/"},"modified":"2023-10-20T15:30:39","modified_gmt":"2023-10-20T15:30:39","slug":"internet-of-things-on-the-move-innov8-seed-principal-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/internet-of-things-on-the-move-innov8-seed-principal-startupsmart\/","title":{"rendered":"Internet of Things on the move: Innov8 Seed principal – StartupSmart"},"content":{"rendered":"
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The Internet of Things movement is really starting to pick up pace in Australia, according Optus Innov8 Seed lead principal Alfred Lo.<\/p>\n

 <\/p>\n

Optus Innov8 Seed is throwing the spotlight on the Internet of Things at this year\u2019s Vivid Ideas Festival in Sydney.<\/p>\n

 <\/p>\n

On June 4 the Australian tech-startup investor will holding an event titled The Internet of Things \u2013 From Electric Dreams to Digital Reality as part of the festival.<\/p>\n

 <\/p>\n

\u201cI think globally it\u2019s emerging,\u2019\u2019 he says.<\/p>\n

 <\/p>\n

\u201cIt\u2019s really moved along at a rapid speed in the last two years.\u201d<\/p>\n

 <\/p>\n

Lo puts down the rise of IoT to what he calls \u201cfundamental changes\u201d that have made the movement more accessible, whether it is the advent of 3D printing, or the rise of crowdfunding platforms like Kickstarter and Indiegogo.<\/p>\n

 <\/p>\n

\u201cAll of that has created a perfect storm to allow IoT around the world to take off,\u2019\u2019 he says.<\/p>\n

 <\/p>\n

\u201cOur ecosystem is really booming. IoT is something that is not often talked about as much as the web-based startup.<\/p>\n

 <\/p>\n

\u201cHardware is always hard, there isn\u2019t as many skills, there\u2019s not as many people doing it, but it\u2019s certainly growing and some of those startups are participating are showcasing our event.\u201d<\/p>\n

 <\/p>\n

Lo says finding knowledgeable IoT people is more difficult than finding software developers.<\/p>\n

 <\/p>\n

\u201cSoftware\u2019s eating the world,\u2019\u2019 he says.<\/p>\n

 <\/p>\n

\u201cThe tools to do software have been around longer and are easier to access.<\/p>\n

 <\/p>\n

\u201cFor hardware, you need more gear, the setup cost is higher, the barrier for entry is a bit harder, I think that might change.\u201d<\/p>\n

 <\/p>\n

Optus Innov8 Seed is holding a pitchfest at the event, predominantly aimed at IoT startups that haven\u2019t launched their products yet.<\/p>\n

 <\/p>\n

\u201cI think it\u2019s a great opportunity to find out about the Internet of Things landscape globally, and more specifically locally, to find out about the talent we\u2019ve got growing here,\u2019\u2019 Lo says.<\/p>\n

 <\/p>\n

\u201cThere will be tech demos set up after the main event and there will be the opportunity to play with the tech, which is quite different from a usual startup event.<\/p>\n

 <\/p>\n

\u201cEntrepreneurs, investors and corporates will have an opportunity to look at what is potentially a disrupter in the market.\u201d<\/p>\n

<\/b><\/p>\n

 <\/p>\n

To apply for the pitchfest, visit Optus Innov8 Seed\u2019s blog. Applications close 5pm, May 13.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Internet of Things movement is really starting to pick up pace in Australia, according Optus Innov8 Seed lead principal<\/p>\n","protected":false},"author":2,"featured_media":59638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43724"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43724"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59638"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}