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Thinxtra is Going to Power the Future of IoT
- Published June 01, 2016 1:35PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
31st May 2016, Business Insider Australia, By Josh Nicholas
The Internet of Things holds incredible promise – sensors embedded in everything from shipping pallets to cars and fridges, passing on data and making everything “smart”.
The data could be varied — temperature, location, condition and activity among them. The uses are innumerable. But for all of this potential to be realised, there has to be a way to connect it all.
A system to allow millions of little sensors to easily and cheaply network. This is the opportunity an Australian startup called Thinxtra is going after.
You can get a sense of the potential of IoT simply by looking at companies like The Yield, a Tasmanian startup bringing smart sensors to the Oyster industry and potentially saving millions in wasted time and product with precise monitoring.
In these kinds of closed environments, or at your home or office, the Internet of Things is already very powerful. You can just hook up your smart scale or thermometer to your wifi network. Instantly, your devices can talk to each other through automation services like If This Then That, or some other analytic or automation platform.
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