Without a doubt, “Internet of Things” is one of the biggest trends in technology today. Gartner’s 2016 Internet of things Forecast estimates that by 2020 there will be over 3 BILLION “smart” devices connected to business and industrial networks, and over 12 billion “smart” consumer devices in the world.
Since our inception, The Fabric, a startup foundry which deeply collaborates with entrepreneurs to co-create cloud infrastructure startups, established an Innovation Lab to turbocharge the technology development efforts of its co-created company. The Fabric Innovation Lab, based out of Chennai, India has worked with all of its portfolio companies from their inception.
We are excited that IoTium emerged from The Fabric co-creation platform and happy to have worked with Ron Victor and the IoTium team from the inception in creating the vision and help grow it into this terrific company. We’re pleased to be a part of helping Ron found and grow IoTium.