Internet of Things (IoT) technology is poised for a breakout year in 2020 as companies in the early majority market segment begin to invest in IoT-related projects. A major hurdle for these efforts is the chronic shortage of technologists who understand the specialized non-IP networks often used for data collection from sensors on the edge. In addition, few security experts are familiar with techniques used to secure networks when hundreds or even thousands of edge devices are connected through non-IP networks, each providing a unique attack surface. RUMBLE IoT CEO Terri Foudray offers 2020 IoT predictions for these issues and some potential solutions for integration of non-IP networks in this article.
KANSAS CITY – December 11, 2019. The year 2019 was a year of expansion for RUMBLE IoT as it delivered on key growth metrics in advance of seeking a new funding round in Spring 2020. Successes included the completion of key IoT projects in the automotive and fleet markets, growth of the leadership team, the opening of a new research and development center, and awards recognition from leading analyst firms and associations.
Automotive, Fleet Expertise Highlighted in Successful 2019 Projects
RUMBLE IoT successfully completed projects that demonstrated its ability to solve challenges presented by the need to securely aggregate disparate types and sources of data to enable better decision making closer to the source.
- RUMBLE IoT developed a solution for the Auto Care Association that provides vehicle owners with freedom of choice and control over their vehicle data.
- RUMBLE IoT supported Fleet Complete in a new program targeted to boost public safety for communities across the US. RUMBLE IoT built an application delivering near real-time insights into potentially dangerous first-responder driving behavior. The system was rolled out in 600 first-responder vehicles in St. Louis this summer with great success and plans to expand to approximately 400,000 vehicles worldwide.
RUMBLE IoT adds experienced Silicon Valley Strategic Advisor to leadership team
Jitendra Kavathekar has joined RUMBLE as Strategic Advisor. Jitendra is an investor and advisor to tech startups, bringing his enthusiasm and keen eye for transformative technology experience and industry expertise, together with his extensive network, to help his portfolio companies accelerate. As a former co-founder and managing director with Accenture Ventures and Open Innovation, he led a global team to turn technology innovation within ecosystems of startups, universities, and corporate labs into business results. As Strategic Advisor, Jitendra will help advise RUMBLE IoT in market development and positioning.
RUMBLE IoT opens Boise R&D Office
Joining the ranks of emerging tech companies putting down roots in Idaho, RUMBLE opened a new research and development office in the growing tech center of Boise. According to CompTIA, Idaho saw a 44.9% increase from 2016 to 2017 in the number of job postings related to emerging technologies, including the Internet of Things, smart cities, drones, artificial intelligence, machine learning, virtual reality and augmented reality, and blockchain. Led by founder Perry Lea, the Boise office is hiring experts in IoT and edge computing to lead the R&D effort for RUMBLE IoT’s edge computing platform.
RUMBLE IoT Receives National Recognition
RUMBLE IoT received several leadership awards in 2019
- Compass Intelligence recognized RUMBLE IoT for IoT Solution Deployment Leadership
- Women Tech Founders named founder Terri Foudray winner of the Intelligence & Automation Award for Women in Tech
To further fuel market growth and R&D for its proprietary IIoT Edge Computing platform, RUMBLE IoT is seeking interested investors. If interested, please contact RUMBLE IoT today.
OVERLAND PARK, Kan., April 17, 2019 – Kansas City start-up RUMBLE was named Industrial Internet of Things (IoT) Solution Deployment Leader of the Year by Compass Intelligence for advancing the IoT industry through leadership and supporting ROI-based deployment of connected solutions. The 7th annual Compass Intelligence awards honors the top companies, products, and technology solutions in mobile, IoT, and emerging technology industries.
“We are honored to be recognized for our commitment to helping businesses utilize disruptive technologies to create positive business outcomes. We recognized the marketplace gap for end-to-end IoT solution designers and implementers. Filling that gap with qualified expertise has proven to be a successful model for RUMBLE,” said Terri Foudray, RUMBLE Founder and CEO.
“Executives today are seeking opportunities to gain performance advantage and implementing IoT solutions provides that competitive edge. IoT is about making connections to the business data in near real-time – as it is happening. This visibility provides an ability to act when it improves outcomes. Those outcomes increase revenue, profitability, engagement, and compliance.”
“There is more data available today than ever before,” said Perry Lea, RUMBLE cofounder, “but collecting the RIGHT data is critical, data that provides business insight and allows you to make informed decisions and take action. That’s when data becomes a competitive advantage.
Compass Intelligence selected it’s “Of the Year” award winners through observation and interaction with many companies throughout the year.
“We believe there is a gap in the market in terms of core companies that bring the disparate pieces together and help expedite deployment,” said Stephanie Atkinson, CEO and founder of Compass Intelligence. “We believe RUMBLE is filling that gap and leading with business outcomes and applying it to real, live business applications. That was the key driver for the award. The industry needs more companies like RUMBLE to reach our full potential in IoT.”
“RUMBLE and the other award winners represent world-class solutions that advance the industry and provide innovation in a rapidly growing tech market.”
Here is the full list of winners.
About Compass Intelligence
Founded in 2005, CompassIntel.com is a market analytics and consulting firm specializing in metrics-driven market intelligence and insights for the mobile, IoT, and high-tech industries. Compass Intelligence provides executive insights, market sizing/forecasting and modeling, competitive analysis, strategic consulting, advisory services, trending analysis, and survey research services. Compass Intelligence helps guide strategic business decisions, and support in the success of our clients through delivering content engagement, go to market planning, competitive positioning, and strategic advisory.
RUMBLE founded March 2018, improves business performance through real-time data delivery solutions. RUMBLE’s highly specialized team partners with clients to capture the benefits from innovative technologies such as the Internet of Things, Artificial Intelligence, and Situational Awareness software. RUMBLE’s solutions are designed to eliminate siloed data, stagnant data, reporting lags, and data disconnection. Visit www.rumblenow.com
More than 75 people braved the impending snow storm Friday to attend RUMBLE’s IoT – Beyond the Hype to hear from our panel of experts on how to implement IoT in their business. And Startland News was there to cover the event.
RUMBLE co-founder Perry Lea will be speaking on “Artificial Intelligence for the Rest of Us” at the 28th Annual Idaho Business and Technology Expo in Boise, ID, February 20.
“This isn’t your normal ‘AI solves all problems’ conference pitch,” Lea say. “I want to provide an understanding of how human learning works and how machines learn. . .and what machines can do and what they simply will not do.”
Machine learning and artificial intelligence are the buzz words in nearly every industry. Anything that saves times, reduces complexity, and improves margins is naturally desirable. However, what is it? This is an informative session to teach the fundamentals of machine learning in different use cases and applications. Lea will talk about the history and evolution of machine learning and why it’s prevalent now. He also promises a real-life demonstration of a machine teaching itself how to recognize objects.
Lea’s presentation will provide a critical understanding of how machine learning may help you or your business in different circumstances.
“It will be a fun way to learn the fundamentals of machine learning and how to monetize its potential,” Lea says.