Our guest this week is Nate Williams, founder and managing partner at Union Labs VC. He’s on the show to answer my questions about the current fundraising environment for startups. We talk about what it takes to raise an early round of funding, and why venture capital firms are reluctant to invest in new companies while they try to figure out what their existing investments need. He also mentions that Union Labs is raising a second fund, and discusses what areas he’s excited about. We then discuss the hype around generative AI and what he’s looking for in AI investments. We end with our thinking about the current state of smart home investments. Enjoy the show.
Our guest this week is Simon van der Jagt, CEO of Nowi. Nowi makes an energy harvesting chip that is easier to use in a variety of sensors. We talk about why, before moving to a discussion of plug and forget devices, and what those will entail. The idea is that companies can build energy-harvesting sensors that could last for the life of a road or container or other product, and thus we can forget about them. We also talk about trends in designing chips for the IoT such as sales challenges and the growing demand for highly specific chips that can consume the least amount of power while getting the work done. Enjoy the show.
Hosts: Stacey Higginbotham and Kevin Tofel Guest: Simon van der Jagt, CEO of Nowi Sponsors: Rightpoint and Hologram
Our guest this week is Tim Farrar, of TMF Associates, who is a consultant in the satellite industry. I’ve turned to Tim to answer questions about the rush of companies trying to offer connectivity to the IoT using satellites. Do the economics make sense? How many of these businesses can the industry support and what the heck happens if these companies fail? Plus, we address the issue of space trash. You’ll want to listen.
Our guest this week is Meirav Oren, CEO and co-founder of Versatile Natures. She explains how to get non-tech firms to adopt AI and IoT and why she thinks cameras are not the best IoT sensor to use. She also tells me how she thinks the construction industry will evolve over the next decade as it adopts new technology. You’ll gain a lot from this interview.
Last week Amazon made a slew of IoT announcements at its annual user conference, bringing established functions into general availability and surprising us with the launch of Amazon’s Free RTOS after it hired the man responsible for the most popular embedded OS for microcontrollers. It also introduced Alexa for business. Kevin and I share our thoughts on that and also discussed Microsoft’s own platform announcement, the Google/Amazon spat, and Walmart’s search for a cheap sensor. I share my learnings from an event on IoT business models held at Target’s Open house last week and Kevin shares his thoughts on the GoControl/Linear garage door controller. We also discuss naming conventions thanks to a question on the IoT Podcast hotline.
The guest this week put the challenges of building an IoT project into perspective. After years of being “spoiled by cloud computing,” Upal Basu of NGP Capital says that we have to reframe our IoT projects with longer ROIs and more of a focus on decentralized deployments away from the corporate offices. His ideas make sense for anyone familiar with complexities of deploying sensors, and it’s a good interview for folks thinking about how to transform her business using connectivity, sensors and cloud analytics. I hope you enjoy the show.
Both Dell and Salesforce made big announcements about their internet of things plans this week, so Kevin and I try to break that down for people. We then discussed Amazon trying to deliver things to the trunk of your car, Google Home going too far in recording conversations and updates to hardware for autonomous cars. We also review the latest August lock and doorbell hardware and answer a listener question from Sally about linking her Sonos with her August locks for some musical automation.
I was at the Smart Kitchen Summit this week, and ran into Tony Ciepiel, COO of Vitamix, which just launched a connected blender. I had a few moments to ask Ciepiel how Vitamix was thinking about bringing its blenders into the 21st century and why. He explained how to think about technology in a product designed to be an heirloom and what it means for the company’s operations to support a connected device. We also talk about sharing data across connected products and how technology changes blenders’ capabilities. Enjoy the show!
Hosts: Stacey Higginbotham and Kevin Tofel Guest: Tony Ciepiel, COO of Vitamix Sponsors: Qualcomm and SAP
Dell and Salesforce are adapting to the IoT
Cheaper LIDAR and smarter cars are coming
August locks are good but the doorbell made me angry
Why use Bluetooth as opposed to Wi-Fi in a connected blender
Software can let you count calories even more granularly
Have a question? Leave a voicemail on the IoT Podcast hotline at 512.623.7424 and we might answer it on the show!
This week’s guest Rob Katcher is working with Wal-Mart to take a little of the pain out of grocery shopping with the Hiku connected fridge magnet. I chatted with Katcher to understand how he decided to create an entirely new category of device—a button that sticks to your fridge and lets you scan or tell it what you need. It then adds it to a shopping list that is available on a mobile app. With a new deal to link its magnet to Wal-Mart’s curb-side pick up in parts of the country and Peapod’s grocery delivery, Hiku is creating a service that consumers will love and a new revenue stream.
In the first half of the show, Kevin and I take a Mulligan on the SmartThings hub, after discovering a hub replacement solved many of my issues. We also discuss a new integration with the Ring doorbell, Google’s Brillo OS and finally talk about Kevin’s new toy. It isn’t connected, but you watch the snippets of him riding around above and tell me that you don’t want one of these things. Actually, I am sure I’ll hear from y’all. Please enjoy the show.
Replacing my SmartThings hub made it a whole new experience.
What is Google Brillo good for?
Self balancing scooters are pretty hot right now.
What it’s like to build a category defining device (you hope).