Six European countries conquered, more awards (the Austrian T-Systems Innovation Award in January 2014 and the Maintenance Award Austria in October 2014), 20 new partners acquired this autumn and graduating from the three month EIT ICT Labs Berlin residency programme this October – these are some of the recent achievements of Austrian-based IoT startup LineMetrics. Now, with the “IoT Junior Cup Austria” the young business starts its own competition with the goal of increasing Internet of Things (IoT) literacy among the Austrian youth.
Sharing passion with a future generation
The team was part of EIT ICT in Berlin; Photo credit: http://on.fb.me/15ODuBw
The first cup will be held in Austrian schools and universities in 2015 and is financially supported by the Internet Foundation Austria. “Internet of Things, Industry 4.0, Big Data and Machine to Machine Communication are all emerging technologies which will be broadly adopted within the next ten years,” explained Wolfgang Hafenscher, CMO and co-founder of LineMetrics. However, schools currently don’t offer adequate access to technology, robbing the youth of the opportunity to build knowledge that will enable them to be competitive in these areas in the coming years.
This is where LineMetrics comes into play: the startup will not only organise the IoT competition but also provide participants with all the hardware and software resources that they require to bring their project ideas to life. While details of the competition are still being developed, the application is expected to open in February 2015. Also media and business partnerships for the competition are still being negotiated, including a possible cooperation with the new IoT Award Austria. “We are looking forward to a great cup. The whole team is really motivated to share our passion with the future generation,” Hafenscher added. Further details will be publicly announced in January on the project’s official website.
A platform for IoT
Founded in June 2012, LineMetrics is an Internet of Things platform for industrial users. The company’s vision is to be the global leading IoT B2B platform. Currently, the team totals 14 people, amassing know-how in the area of hardware and software engineering, marketing and sales. The startup is supported by the four Runtastic founders in the capacity of business angels and mentors, as well as by Johann “Hansi” Hansmann through his 300.000 euros investment and valuable mentorship.
After gaining about 60 paying customers, LineMetrics is now registering good progress with the current wireless technology and plans to go past the closed beta phase and publicly launch in the first quarter of 2015.
This story is brought to you in partnership with AplusB, a programme funded by FFG.