A fledgling New Zealand agritech company run by a rising Kiwi entrepreneur who has worked for Rocket Lab has raised $8 million, from Silicon Valley venture capital firm Data Collective, which is likely to result in massive changes to the nation’s burgeoning dairy industry.
The enormity and massive impact internet of things (IoT) will have around New Zealand globally has just been sheeted home in a new report which says spending will hit $US1.2 trillion by 2022.
Analyst firm IDC has announced the findings its latest Worldwide Semiannual Internet of Things Spending Guide.
Great to see global cities taking the lead in Smart City / IoT deployments to improve asset management.
Microsoft has announced that they will be investing US$5 billion into IoT over the next four years.
The New Zealand IoT (internet of things) Alliance believes cutting-edge technologies will have a profound impact on helping improve New Zealand’s agricultural productivity.
Alliance executive director Kriv Naicker says a major study into the potential benefits of IoT last year found that better use of IoT across agriculture could provide more than $570 million for the economy.
New Zealand farmers and companies are starting to use Internet of Things (IoT) sensors, data analytics and automation to decrease impact on New Zealand rivers, a leading national tech expert says.
In countries, right across the world the IoT devices are being used to help clean up water, New Zealand IoT Alliance executive director Kriv Naicker says.
Irrigation is by far the largest use of water in New Zealand, making up 65.9 percent of water use between 2013 and 2014, the Ministry for the Environment says.