Iotera bringing the Internet of Things to Everything without being connected to wireless network

11/23/2013 - 00:00

Iotera expects businesses to use its technology to track everything from tools on construction sites to workers in dangerous places like oil rigs. Or people might use it to keep an eye on their pets. Iotera’s founders say two companies (which it won’t name) are trying it out. One is using it to help parents monitor their children’s whereabouts, and the other is tracking company-owned devices.

Iotera is taking a risk by trying to sell its own wireless base stations. But the market for the Internet of Things—wherein normally unconnected devices are connected to the Internet so they can be tracked or made more functional—is growing fast. Networking equipment maker Cisco Systems estimates that there are 10.9 billion “people, processes, data, and things” connected to the Internet, and the company expects this to rise to as high as 50 billion by 2020.