Wavefront Introduces 5 Canadian Companies to European IoT Market

Last month, Wavefront in partnership with the Trade Commissioner Service, completed a successful market linkage trip to Berlin, Stuttgart, and Vienna as part of our Global Market Entry Program. The program provides Canadian mobile and wireless companies with the support and funding they need to successfully enter new global markets through trips to countries around the globe. Each trip itinerary and location is focused on a specific subsector of the wireless industry, and customized to include a small, select group of companies. This trip focused on the Industrial Internet of Things (IoT), an area where Canadian companies have significant strength.

During the trip, Wavefront and the selected Canadian companies were able to learn more about Industry 4.0, a term that is well used in Europe, to stand for the fourth Industrial Revolution. According to PWC’s Industry 4.0: Building the Digital Enterprise report, Industry 4.0 focuses on the end-to-end digitization of all physical assets and integration in the digital ecosystem with value chain partners.

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Industry 4.0 framework and contributing digital technologies. Taken from PWC’s Industry 4.0: Building the digital enterprise report.

In order to introduce Canadian companies to the European IoT market, Wavefront selected the following five companies to exhibit at the Industry of Things World 2016 Conference in Berlin. In addition to the conference, the Canadian Trade Commissioner Service arranged B2B meetings with major industrial players in Germany and Austria over a three day period. Several of the Canadian companies are already going to pilot with some of these manufacturers.

Bitstew – Provides the premier platform for handling complex data integration, data analysis, and predictive automation for connected devices on the Industrial Internet of Things (IIoT). Purpose-built for the IIoT, Bit Stew’s Mix Core™ platform solves the data integration challenge at scale for complex industrial data environments. Bit Stew has earned global recognition by being named to Gartner’s Cool Vendors List and as Frost & Sullivan’s Entrepreneurial Company of the Year – North American Service Solutions. In 2015, Bit Stew was ranked as one of the Top 100 Analytics Companies and Top 100 IoT Startups by Forbes. Incorporated in 2009, Bit Stew is a venture-backed private company that is headquartered in Canada with offices in the USA, Australia and Europe.

Dat-uh – Empowers industrial companies around the world to quickly discover new insight into their businesses and operations that otherwise might never have been known. Our predictive analytics solution speeds digital strategies, helping industrial companies bring their data to life faster.

Dat-uh brings together data from any source—devices, IoT platforms or sensor aggregators—and provides real-time
insights and predictive analytics that can be used in any industrial business environment to improve operations, enhance performance and reduce costs. Using pre-built analysis, deep learning artificial intelligence algorithms and automated data modeling, industrial companies can predict energy supply, manage a battery’s lifecycle, minimize equipment downtime and make energy environments smarter.

Skkynet – A global leader in real-time middleware products that allow you to securely acquire, monitor, control, visualize, network and consolidate live process data in-plant or over insecure networks. In-plant, our DataHub® industrial middleware connects to virtually any system using OPC, Modbus TCP, and ODBC to support OPC networking, server-server bridging, aggregation, data logging, redundancy, and web-based HMI.

For IoT, our SkkyHubTM service lets you securely network your data, integrate remote plants and devices, perform predictive maintenance, or view data on the web. Secure-by-design, SkkyHub requires no security hardware, no VPN, and no changes to IT policies, yet your plant systems remain invisible to the Internet.

SST Wireless – Delivers wireless sensor solutions to challenges faced by industrial customers that need to measure equipment and vehicle conditions in real time, in order to make critical and timely operational decisions.  We research, develop and manufacture sensors, gateways and interfaces that offer Machine to Machine (M2M) applications that leverage the Internet of Things (IoT).

Our goal is to help our customers increase safety, reduce downtime and conserve energy.  We partner with leaders in various industrial sectors to extend our capabilities, reach and service delivery to customers around the world including mine operators, public transit agencies and renewal resource companies.  SST’s wireless sensors and products are available from our Original Equipment Manufacturers including Kal Tire Mining Group, New Flyer Industries and Andritz Inc.

Teslonix Inc. – A leading technology organization that develops novel Internet of Things (IoT)/RFID interrogators/reader systems. Founded in 2014, Teslonix has a strong R&D team with expert knowledge and a growing patent portfolio in the area of wireless technologies, including long-range energy transfer and 3D localization.

Teslonix is a member of the RAIN UHF RFID Alliance and was recently named a finalist in the IoT/M2M Innovation World Cup competition. Teslonix’ smartRFpower and IoT SideKick offer a solution to bridge the last 10m of the IoT network, not only bringing those billions of devices into contact, but with fewer touches and at a fraction of the cost of existing solutions.

Within days of presenting to the companies in Europe, our companies were asked to provide proof of concepts and pilot projects.

“We were warmly received, and our approach to the Industrial IoT got an enthusiastic response,” said Xavier Mesrobian, Vice President, Sales and Marketing for Skkynet.

As another successful trip comes to an end, our next journey will be to Asia and the Middle East. For more information about the Global Market Entry Program or to see if your company is qualified to participate in our next adventure, visit our website: www.wavefront.ca/accelerator/global-market-entry-programs/

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