Spanish-German start-up aims to cut 90% of IoT data
October 7, 2015
A Spanish-German venture producing data-reduction software for the IoT has become the 11th start-up to be supported by Deutsche Telekom’s Hub:Raum incubator programme in Berlin.
Called Teraki, it is being supported by Deutsche Telekom with capital, expert know-how and a workplace.
The founders of Teraki – Daniel Richart, Markus Kopf and Edouard Rozan – have developed data-reduction software that can remove the irrelevant from large quantities of data. More than 90 per cent of the data that sensors collect for the IoT is irrelevant, and Teraki's software is able to remove that 90 per cent. That, in turn, can greatly reduce the time IoT applications require for data transmission and processing.
In addition, it reduces memory requirements and cuts terminal devices' energy consumption by at least 50 per cent. What is more, the software has the effect of protecting customers' privacy – by filtering out and encrypting a small fraction of the data, it enables selected IoT data to be transmitted more efficiently to destination servers and to data analysis.
The software has two main functionality areas. First, in IoT sensors, it optimises data collection and transmission. Secondly, at points where sensor-transmitted data are received, it reconstructs the required full data records and makes them available for visualisation and analysis. In connected car applications, for example, the software might allow sensors to collect and transmit a fraction of the data at key traffic intersections, but allowing it to gain full information about the car’s status.
"Data analysts spend some 60 per cent of their time filtering out the relevant facts and figures from large data records," said Richart. “With Teraki, they can get right down to their real work, which is analysing and using the data that really count.”
The software is compatible with all communications protocols and applications related to the IoT. It is aimed at a broad range of industrial applications, and especially at the transport, logistics and automotive sectors. Teraki use cases include applications for smart cities, connected cars, industry 4.0 and transportation.
Founded in March this year, Teraki has already taken part in a number of funding programmes, such as Exist (German public programme) and Startupbootcamp IoT. In Hub:Raum, the company's four-member team will receive financial support over the coming nine to twelve months. In addition, Deutsche Telekom mentors and experts will offer the start-up know-how and experience that it can apply directly, for its own growth.
M2MGo, another IoT-relevant company, joined Hub:Raum in June 2015.
"The future is digital, and the internet of things is taking us into that future," said Peter Borchers, founder and Berlin head of Hub:Raum. “That is why we at Hub:Rraum are promoting and harnessing innovation from the area of IoT. By bringing Teraki on board, we have taken another step forward in this process.”