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News & Press: Colorado Technology Industry

TechrIoT XLR8 Announces Advisory Board for Colorado’s First Internet of Things Accelerator Advisors

Monday, November 30, 2015   (0 Comments)
Posted by: Cam Miskho
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CENTENNIAL, CO (Nov. 17, 2015)  TechrIoT XLR8 (pronounced Tech Riot Accelerate ),

Colorados exclusive Internet of Things (IoT) accelerator program, today announced the creation of an

advisory board comprised of executives from Fortune 500 companies such as Arrow Electronics,

Jeppesen, Nokia Networks and Sprint ( TechrIoT XLR8 Executive Advisor Profiles ). The new advisory

board will select the first group of 10 IoT companies to participate in TechrIoT XLR8s inaugural

accelerator program. The board members will provide mentoring and expertise throughout the program,

which will culminate with two investor pitch opportunities  one in Denver and one in Silicon Valley in

September 2016.

 

Much like the growth of the Internet in the 1990s and mobile devices such as the smartphone in the

2000s, IoT solutions are expected be a disruptive force in technology for all aspects of daily life in the

coming years. According to Ted Chamberlin, Principal Advisor and Analyst, Custom Shop Strategies,

The number of companies developing technology for IoTbased

solutions will rely heavily on collaboration between innovative startups and established companies of all sizes and markets to meet the

demand.

 

As a result, F500 companies are aligning themselves with startup communities to enhance their

competitive advantage in hopes of capturing a piece of the $7 trillion market share that IoT is expected to

generate by 2020.

 

 IoT provides tremendous opportunities for a new company to create solutions that enable industries to

become more efficient and help people to improve their daily lives, stated Doug Hohulin, Strategy and

Business Development Manager at Nokia Networks and TechrIoT XLR8 board member.

 

The inaugural TechrIoT XLR8 program seeks applicants from any company that believes it has an

inventive product or groundbreaking IoT innovation. The 10 successful applicants will collaborate in a

fastpaced,business acceleratortype environment without the usual fees, investor equity expectations or

relocation restrictions. The application deadline to apply is Nov. 30, 2015. Visit techriot.org/techriotxlr8/

for more details.

 

About TechrIoT

TechrIoT is a community of Internet of Things (IoT) entrepreneurs, executives, manufacturers, investors,

engineers, suppliers and academics that aims to accelerate the adoption and growth of the IoT economy in

Coloradoestablishing Colorado as a global hub for innovation in one of the fastest growing segments of

the technology industry. Launched in June 2015 by Innovation Pavilion, Arrow Electronics and the

Denver South Economic Development Partnership, the TechrIoT community includes more than 1,000


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