IoT Lab to Have Statewide Impact

Posted: Updated:
FISHERS -

The chief executive officer of the Indiana IoT Lab, set to open March 21 in Fishers, says the 24,000 square-foot facility will have impact that extends well beyond Hamilton County. "We're seeing a ton of interest from around the state," said John Wechsler, during an interview on this weekend's edition of Inside INdiana Business with Gerry Dick. Wechsler believes the IoT coworking space, the first in Indiana, can provide a cutting-edge technology boost to Hoosier companies in sectors that are traditionally strong in Indiana. "We believe Indiana is uniquely positioned as a leader in manufacturing, distribution and agriculture to lead in the next generation of those industries."

Wechsler says he is already participating in "road shows," meeting with companies and communities around the state.

The Internet of Things refers to the connection between devices, everything from our cell phones, crock pots and Fitbits, to the Internet. Technology consulting firm Gartner has projected there will be more than 20 billion connected devices in use by 2020. Business Insider pegs the number at 34 billion, predicting spending on IoT solutions will total nearly $6 trillion over five years.

Wechsler believes the IoT lab can be a catalyst in helping Hoosiers companies discover new products and markets, increase productivity and bottom line performance.

Last week, the IoT lab, located in the North East Commerce Park near 116th Street and I-69, revealed its inaugural class of businesses. It includes Indiana University, Fishers-based ClearObject Corp. and Carmel-based Rook Security.

Connect to the full interview with John Wechsler:

  • Perspectives

    • Being The Woman You Were Created to Be

      Do you know who you are? Are you walking in your purpose? These questions ring loudly in the ears of many women who are suffering and feel like they will never find success.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Niche ranked West Lafayette Schools as best in the state

      Dept. of Ed Releases School Accountability Grades

      The Indiana Department of Education has unveiled the school accountability grades for the 2017-2018 academic year. The department says about 22 percent of schools improved one or more letter grades, with 64 percent receiving an A or B.

    • The College has announced an immediate suspension of its football program

      Earlham College Suspends Football Program

      Earlham College Interim President Avis Stewart has announced the suspension of the school's football program for the 2019 season and has ordered a review of the program. Stewart says the plan is for Earlham to field a team in 2020 after three conditions are met: determine the proper funding level and resources to support a football program outside the College's current operating budget,

    • Tech Exec - Indy 'Dodged a Bullet' on HQ2

      While a big name in the state’s technology community is praising the bid effort, he says the Indianapolis region "dodged a bullet" by not landing an Amazon.com Inc. (NYSE: AMZN) headquarters. Fishers-based ClearObject Inc. Chief Executive Officer John McDonald says Amazon’s $5 billion plans, which call for 50,000 additional jobs over 20 years, would’ve compounded existing transportation, housing and workforce issues. Amazon announced Tuesday that...

    • Purdue Launches "Brain Gain" Initiative

      Purdue University wants to make Indiana the country's biggest "brain gain" state with a new initiative designed to bring Purdue grads back to Indiana companies. President Mitch Daniels says the pilot phase of the Purdue Brain Gain Initiative has piqued the interest of some 200 alumni, with a small number currently in the final interview process with employers in the state. Daniels told Inside INdiana Business...

    • Being The Woman You Were Created to Be

      Do you know who you are? Are you walking in your purpose? These questions ring loudly in the ears of many women who are suffering and feel like they will never find success.