Big Picture – A Deep Dive Examination of Internet of Things Inc.
Internet of Things Inc. Snapshot
While the initial stages of the Internet’s development had profound implications for the technology industry, the implications of the Internet of Things (IoT) will prove even more far-reaching as by its inherent characteristics it is a movement that we believe will reach beyond tech to impact every industry.
So what is IoT? “The Internet of Things connects devices such as everyday consumer objects and industrial equipment onto the network enabling information gathering and management of these devices via software, or achieve other health, safety or environmental benefits.” – Kevin Ashton, British Technologist at MIT who conceived the term in 1999.
Just like the initial waves of the Internet led to profound economic change, the Internet of Things will usher in a new period of adopters based on companies’ abilities to adapt to an interconnected world and identify and develop new verticals and technologies that have disruptive potential.
Our mission at Internet of Things Inc. is to be a key software and solutions provider and IoT industry acquisition company focused on developing emerging integrated technologies, bridging middleware for management of the networked life and developing “Tomorrow’s technology, today.”
FIRST JOINT VENTURE & STRATEGIC INVESTMENT
Internet of Things and BrainGrid Corp, a designer, manufacturer, and marketer of advanced digital communication devices and software systems that enable the IoT, have entered into a joint venture agreemen forming BrainGrid Solutions Ltd. which markets, sells and distributes BrainGrid's 'Sentroller' product and related BrainGrid IoT technology applications. Initial markets include China, Taiwan and Hong Kong.
Inernet of Things Inc. has also made a strategic investment and acquired a minority equity position in BrainGrid.
The Sentroller and its encompassing software and database solutions, easily enables anyone to remotely monitor and manage systems and in-field equipment previously deemed as unmonitorable. The Sentroller is designed from the ground up to use any of the industry's sensors, communication protocols and connection schemes to integrate into your things, seamlessly. The collected or sensed real-time data is transmitted over BrainGrid's long range radio frequency (RF) network and is securely processed via fail-safe, redundant, independant servers and software systems which are delivered to customers using a novel interface dashboard. The proprietary, patented technology can be applied to any vertical necessitating long range, low power, cost effective ways to transmit data machine to machine.
For more information on our joint venture partner BrainGrid Corporation, please click here
Michael Frank – President & CEO and Director
Michael brings over 25 years of experience in the high technology sector in operations, business development, mergers / acquisitions, and raising funding in the capital markets. Michael is President of Mifran Consulting focusing on strategic planning and business development for emerging companies. From 2007 to 2011, he was the Chief Executive Officer of Sprylogics International Corporation., a software company focused on semantic and local search and also served as a consultant until March 2014. Additionally, he was Executive Vice President of Hutchison Avenue Software, one of the first real-time online stock quote platforms, where he was instrumental in the sale of the company to Intuit Corporation. He also served as Vice President of Business Development at BrandEra.com, a Nasdaq-listed online marketplace for the advertising community.
Early in his career, Michael started as a Consultant and Principal with Woods Gordon (Ernst Young) , where he managed a variety of projects and consulting assignments across vertical markets. As Vice President of Strategic Alliances at Medcomsoft Inc., he developed and managed all strategic partnerships to accelerate market penetration in the healthcare industry. Michael has held senior sales/marketing roles at Data General and NCR.
Hon. Jerry Grafstein, Q.C. – Director
The Hon. Jerry S. Grafstein, Q.C., holds degrees from the University of Western Ontario and the University of Toronto Law School and has taught the Bar Admission Course at Osgoode Hall. He has wide-ranging legal and business experience in all aspects of media. Mr. Grafstein was a co-founder of a range of media companies, focusing on broadcasting, cable, communications, film production and publication enterprises in Canada, the USA, the UK, South America. He recently co-founded on-line news sites from Canada, USA, Brazil, China, Russia, Africa, UK, Europe and the Mideast. Mr. Grafstein advised several key government ministries, including Transportation, External Affairs, Consumer and Corporate Affairs and Justice. He was appointed to the Senate of Canada in 1984 by then Prime Minister Pierre Elliott Trudeau. Mr. Grafstein served on all Senate Committees, including the Foreign Affairs and the Legal and Constitutional Affairs Committees. He served as Chairman of the Senate Banking, Trade and Commerce Committee. While in the Senate, Mr. Grafstein was a long serving Co-Chair of the Canada-United States Inter-Parliamentary Group, and a long serving senior officer of the Organization for Security and Co-Operation in Europe Parliamentary Assembly (OSCE PA). He retired from the Senate on January 1, 2010. Mr. Grafstein continues his law practice in corporate finance and communication law and as counsel emeritus to Minden Gross LLP in Toronto and remains active in the local affairs in Toronto. Mr. Grafstein now devotes most of his business time to technology start-ups in Canada, U.S. and Latin America.
Gali Bar-Ziv – Director
Gali Bar-Ziv brings more than 15 years of management and entrepreneurial experience, including financing, mergers and acquisitions, strategic planning, channel development and corporate development with extensive international experience in Israel, China, and Latin America. He serves as the Chief Operating Officer of Lingo Media Corporation and President & CEO of its subsidiary, ELL Technologies Ltd.. Previously Mr. Bar-Ziv profitably grew a sale, marketing and distribution start-up to sales growth of more than 700% year over year. Prior to that, he successfully turned around the largest service division of a $300 Million financial services company while at Fairfax Financial. Mr. Bar-Ziv holds a Bachelor of Law (LL.B) degree from the University of London and an MBA in Strategic and Entrepreneurial studies from the Schulich School of Business in Toronto.
Millard S. Roth M. Sc. Ind. Mgt. – Director
Millard is a mature, successful senior executive, business consultant, “M & A” intermediary (Portstyle Enterprises Inc., Abolutekleen Tek Inc.). He is a business builder/fixer/team enhancer who has executed profitable growth plans and developed exit initiatives for an array of medium size enterprises.
Millard’s career has encompassed serving as: interim CEO (Atelier America Inc., CCC Information Services of Canada Inc., Canadian Motion Picture Distributors Association); Co-Chair Repositioning Committee (Baycrest Foundation); Member of Board of Directors (Vubiz Inc., Tengtu International Inc., Swing Stage Ltd., Kimball Aim Labels Inc.); Advisory Board (Earthfresh Farms Inc., Human Solutions International Inc.) and Presidents’ Coach (Inniskillin Wines Ltd., Shaftesbury Films Ltd., Menu Foods Corp., TMS Marketing Ltd.). In the process, he has developed and executed strategic plans; identified, negotiated and closed acquisitions; led corporate reorganizations; and realigned business models.