The startup develops an IoT edge platform that enhances network bandwidth, reliability, and security beyond cloud-only solutions. Its software edge interfaces streamline the deployment of secure real-time edge computing systems, reducing time to market and integration costs for partners across various vertical markets.
Funding
$21.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many industrial IoT deployments struggle with limited network bandwidth, unreliable connectivity, and security vulnerabilities when relying solely on cloud-based solutions for data processing and device management. This can lead to delayed insights, increased operational costs, and potential risks to critical infrastructure.
Solution
IOTech provides an open edge data platform comprised of connectivity, processing, and edge management capabilities, enabling industrial data to be easily accessible, actionable, and manageable. The platform allows users to connect to any device, acquire OT data in real-time, normalize and aggregate data from any source, and securely share the data with applications or cloud endpoints. Built upon EdgeX Foundry, the platform offers a modular architecture for deployment flexibility, high-performance data processing for real-time decision-making, and scalable edge deployment and management.
Target Audience
The primary customers are industrial OEMs, ISVs, and SIs across various vertical markets, including building automation, renewable energy, manufacturing, smart cities, transportation, and retail.
Features
- Configurable OT connectivity with open SDKs for connector development
- High-performance data acquisition and real-time data processing
- Data fusion and aggregation from multiple sources
- Ability to run any application and analytics at the edge
- Store and forward data sharing capabilities
- Centralized management of edge nodes, applications, and connected devices
- Hardware and operating system independence for deployment on any edge device
- Based on EdgeX Foundry, a vendor-neutral open-source edge platform