IoT Venture GmbH, a Darmstadt-based company, recently reached a significant milestone by delivering its 500,000th tracker. This achievement marks a major success in the company’s history. In addition to their well-known GPS tracking technology for e-bikes, IoT Venture also manufactures tracking modules for dogs and cats. CEO Jürgen Veith expresses his pride in his team and announces their ambitious goal of reaching 1 million devices next year.
IoT Venture supports public sector mobility with tracking solutions
IoT Venture GmbH is not only focused on providing tracking solutions but also on supporting the public sector in the field of mobility. A prime example of this is their collaboration with the city of Hamburg, where their tracking solution is being used to enhance traffic management for cyclists. CEO Jürgen Veith highlights the company’s contribution to improved mobility through such projects.
The IoT Venture GmbH stands out by connecting valuable assets to the internet, enhancing the functionality and intelligence of products. This is made possible through the company’s innovative solution, which enables business customers to build data-driven business models using Data Signatures. The unique advantage lies in the comprehensive services provided by IoT Venture, encompassing the development of both hardware and software (Embedded Systems), the provision of a cloud solution for the necessary data platform, the development of a White Label app, and support for data handling – all in one package.
The IoT Venture GmbH offers a wide range of solutions that cater to various industries, with a particular focus on mobility and pet-related applications. Their flagship product, ITS MY BIKE, is a comprehensive service for e-bikes that was successfully launched in 2018. In 2021, they expanded their offerings to include a tracking solution for the pet industry. Since its establishment in 2016, the company has experienced consistent growth and currently employs around 70 individuals. With headquarters in Darmstadt and an additional location in Cologne, IoT Venture GmbH is well-positioned to serve its customers.
The comprehensive solution offered by IoT Venture GmbH in the field of Internet of Things has provided clear added value for its customers. By enabling the creation of data-driven business models and providing the entire technical infrastructure in one package, companies are able to optimize their products and services and increase efficiency. IoT Venture GmbH is making a significant contribution to the digital transformation in various industries, demonstrating how the Internet of Things is shaping the future.
