I think you truly agree with me why I say it’s difficult to be an entrepreneur in South Africa and tougher to try to enter an unknown, new technology space, such as the Internet of Things (IoT).
It is hard to try to convince business people and customers that you can provide quality, efficient and durable IoT solutions.
Or is it?
Well it turns out you can finally get assistance and full support to pursue your dreams to be an IoT entrepreneurs.
SqwidNet, one of South Africa’s innovative IoT firms, is introducing to the country an entrepreneurship programme, known as (IoT)E – IoT to the power E.
This programme is aimed to empower entrepreneurs who would like to develop their skills and knowledge to become established players in the IoT ecosystem nationally and internationally.
Potential participants should submit their motivations on twitter using the hashtag #iotep or tagging @sqwidnet in their tweet. Alternatively, those interested in participating can send an email to email@example.com. 25 individuals will be selected as the first round of participants, and will start their programme in January 2018.
What is this new tech called IoT and how big is it?
IoT is no longer the stuff of science fiction but an essential part of the reality of our everyday lives.
It is going to transform the way we interact with different things and creating this change is impossible without developers.
Industrial Internet of Things (IIoT), also known as the Industrial Internet, brings together brilliant machines, advanced analytics, and people at work. It’s the network of a multitude of devices connected by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable new insights like never before.
According to the Worldwide and Regional Internet of Things 2010-2014 Forecast by IDC, the IoT market opportunity for the Middle East and Africa region is poised to grow by 10% CAGR, from $85.1 billion in 2017 to $114.4 billion by 2020.
These statistics highlight the massive untapped potential for IoT in the region, including Africa; and with the (IoT)E programme, SqwidNet will ensure the necessary skills and knowledge to operate in this industry are imparted to all who are interested.
To deliver significant value to successful participants who manage to build working prototypes, SqwidNet, with its channel and ecosystem partners, will make available a funding pool that could be accessed by the participants to enable entrepreneurs to go from prototype to production.