Kansas City Corporations Launch TechrIoT-KC and Internet of Things Community

FOR IMMEDIATE RELEASE
Media Contact: Stephanie Seitz
Phone: 913.360.9740
Email:  stephanie.seitz@innovationpavilion.com

Kansas City Corporations Launch TechrIoT-KC and Internet of Things Community

Arrow Electronics, Garmin, IBM, Nokia, and Innovation Pavilion  join forces to accelerate the growth of the Internet of Things (IoT) economy in Kansas City

Olathe, Kan. (October 15, 2015) – Innovation Pavilion, an Olathe-based ecosystem of entrepreneurs, is partnering with Arrow Electronics, a global technology company with expertise in intelligent systems and connected devices, Garmin, IBM, and Nokia to create TechrIoT- KC.  The launch event on Monday, November 2, will bring together top corporate executives to discuss global trends and opportunities for entrepreneurs to engage with F500.

The event will be November 2 from 6 to 8pm at Garmin World Headquarters- 1200 E 151st Street, Olathe, KS.  This free event is open to all members of the community. Visit www.meetup.com/TechrIoT-KC/ to RSVP.

TechrIoT-KC is a newly launched, Olathe-based community of Internet of Things (IoT) entrepreneurs, executives, manufacturers, investors, engineers, suppliers and academics. TechrIoT aims to accelerate the adoption and growth of the IoT economy in Kansas City–establishing Kansas as a global hub for innovation in one of the fastest growing segments of the technology industry.

Far more than a networking group, TechrIoT aims to create order among the often chaotic business landscape for IoT companies of all stages. TechrIoT events will bring together the necessary resources and stakeholders—companies and specialists in hardware, software, sensors, data, connectivity, security, marketing, finance and design—to help  IoT innovators ideate, launch and scale the next generation of connected devices. 

According to Vic Ahmed, co-founder and chairman of Innovation Pavilion, “Research tells us that by 2017, 50 percent of IoT solutions will come from startup companies who are less than three years old. Innovation Pavilion is working to bring Kansas City startup and corporate communities together through mentor partnerships and business accelerators. This is a very exciting time for IoT entrepreneurs in Kansas City.”

“Arrow Electronics is excited to collaborate with the Innovation Pavilion on creating an IoT innovation ecosystem.” said Alan Bird, president of Arrow’s components business in the Americas. “As a global technology company with design engineering expertise, a dedicated intelligent systems offering and relationships with top manufacturers and suppliers around the world, Arrow is uniquely positioned to support TechrIoT entrepreneurs on their path to market.”

Whether you know it as the Internet of Things, Internet of Everything, Machine-to-Machine, or Intelligent Systems—connected devices are expected to total $50 billion by 2020. The mass of data generated and analyzed from these devices is poised to change nearly everything about the way we live.

TechrIoT Program Elements Include:

•Education and Networking – Monthly events featuring IoT thought leaders and practitioners on a range of timely topics for IoT innovators. Topics range from intellectual property and data privacy/analytics to sales and distribution, among many others. Visit http://www.meetup.com/techriot/ to see upcoming events.

•Design Mentoring – A valuable network of experienced IoT product designers and serial entrepreneurs dedicated to helping you bring your IoT product or service to market quickly.

•Supply Chain Guidance & Access – From rapid prototyping to full turnkey production, TechrIoT will work with one of the world’s largest IoT supply chain companies (Arrow Electronics), to help early and second stage companies conveniently access critical components and expertise, allowing companies to grow more quickly and efficiently.

•Financing – By building a network of funders active in the IoT space, spanning the continuum from seed investors and angels to venture capital and private equity. The program also facilitates connections to creative financing programs offered through our partnerships with major electronics manufacturers and supply chain companies.

For more information about TechrIoT-KC or to join the next meetup, visit http://www.meetup.com/techriot/.