Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups disrupting smart cities. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. So, let’s take a look at promising Internet of Things (IoT) solutions.
Heat Map: 5 Top Internet of Things Startups
For our 5 picks of Internet of Things startups, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 520 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Integrated Roadways – Smart Road
Smart road paving systems last two to four times longer than traditional concrete and asphalt pavements, it is installed three times faster and reduces roadway management expenses by 40%. US-based Integrated Roadways creates smart pavement made up of precast concrete slabs with embedded technology systems – Pavement as a Platform. Durable, precast concrete sections embedded with fiber optic connectivity transform ordinary roads into smart roads and enable mobile IoT as cellular towers for smartphones.
Nordsense – Waste Management
Smart waste solutions help cities, waste operators & waste haulers perform waste operations more efficiently. This has a positive environmental impact by way of reducing the number of waste trucks on the road and their fuel consumption as well as prevents overflowing bins around the city. Nordsense, a startup from Denmark, creates a solution that optimizes waste collection processes by monitoring container levels, applying advanced data analytics and delivering dynamic and event-driven turn-by-turn navigation for waste collection.
CityHeroes – Public Safety
Cities now have hundreds of cameras monitoring traffic for accidents and public streets for safety concerns. Video analysis software helps process the thousands of hours of video footage, whittling it down to only important events. Systems using IoT technology turn every camera into a sensor, with edge computing and analytics starting right from the source, machine learning then completes the analysis and sends alerts to responsible public authorities for them to react quickly, solve problems and keep residents safe. US company CityHeroes offers a technology platform that helps companies, public agencies and citizens improve cities and make them safer. By combining web, mobile, and IoT devices, the organization builds a network that helps collect critical information to solve city issues.
Elvicto – Parking Systems
Smart parking platforms connect drivers with parking spaces in real time. This allows drivers to save time and money paying online, with no need to circle around and run back to the meter as well as to track their expenses. Indian startup Elvicto provides LoRaWAN-based ELPARK, an autonomous and interoperable parking management system. It allows parking garages to integrate automatic boom barriers and digital payment platforms while providing passengers with real-time information on nearby parking spaces. The startup’s solution thus enables drivers to find vacant spaces and book parking spaces in advance.
Rapid Flow Technologies – City Signal Control System
An intelligent traffic signal control system is based on techniques from robotics and artificial intelligence. The technology adapts in real-time to changing traffic by optimizing traffic flows. Surtrac by US-based Rapid Flow Technologies approaches real-time traffic signal control by combining research from artificial intelligence and traffic theory. Surtrac optimizes the performance of signals for the traffic that is actually on the road, improving traffic flow for both urban grids and corridors and leading to less waiting, reduced congestion, shorter trips, less pollution, and happier drivers.
What About The Other 515 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 Internet of Things startups showcased above are promising examples out of 520 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.
