To ride the impending FinTech wave, IoT has emerged as a fruitful possibility. As a FinTech and startup enthusiast, I always look out for new possibilities and ideas to create value and spur innovation. To stay ahead of the curve, I have identified three key strategies to maximize your possibilities of success.
João-Pierre S. Ruth, in his recent Xconomy.com article, covered one of the leading technology startup accelerators in the
country, Techstars, opening a new accelerator in New York that will solely focus on the development of IoT (Internet of Things) primarily at with an interesting focus on B2B. The key will be to tap into a market that will be focused on
IoT at an industrial level as this is a far less regulated market than that at
a consumer level. Furthermore, the prospect of harnessing the power of industrial data, especially in the FinTech industry can be immense.
Based on these articles and my interest in the industry here are three action items I foresee for the coming
cycle of innovation that you can leverage to be ahead of the curve:
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B2B is Scale - Operating in B2B
markets will lead to scale and faster adoption/growth
Innovation through technology excites me and I am always eager to see the development and creation of new markets by groundbreaking ideas and products. I am a senior at Northwestern University, tech enthusiast and in pursuit of unique opportunities in the San Francisco Bay Area. Nihar Bobba is a tech enthusiast and aspiring tech entrepreneur. Feel free to reach out to him on LinkedIn or Twitter.
