News


Trinity IoT to sponsor R50 000 in funding for winning idea

28 February 2022 News

A R50 000 funding prize has been put up for grabs to give the winning proof of concept a boost to becoming fully realised. Sponsored by South African Internet of Things (IoT) specialist company, Trinity IoT, the prize will be awarded to the most innovative IoT project idea that meets the specified criteria for consideration.


Ross Hickey, CEO and founder of Trinity IoT.

For instance, the idea must scale to 500 devices within six to twelve months of being rolled out. The business case also needs to have cellular connectivity for networked devices. From a revenue perspective, the project must either generate R50 000 per month from the total device fleet or generate R100 per device from services or subscriptions. And given the focus on realising the full potential of IoT, the project must also illustrate its real-time access and management of data.

Commenting on the initiative, Ross Hickey, founder and CEO of Trinity IoT, says: “IoT has become one of the most significant technology enablers in today’s connected world. By linking devices to data and enterprise systems, organisations can realise competitive advantage much sooner than before. This competition is designed to highlight the potential that exists for IoT in South Africa, and one we are proud to be spearheading.”

Forming part of Trinity Funding, the initiative will help a startup get its project off the ground by contributing to their initial deployment costs to the value of R50 000. The prize money can be put towards any Trinity IoT product and/or service, which encompasses IoT devices and sensors, SIMs, data, consulting services and access to the Trinity IoT remote management platform.

“The startup with the winning project should also consider showing the need for a mobile app or business web portal that integrates data into other areas of the business. After all, IoT centres on unlocking the potential of data in a connected ecosystem. By showing us just how it plans on doing so to deliver demonstratable returns with an integrated approach, a project will stand a good chance of winning,” he adds.

Other considerations include highlighting the ideal end-customer, providing a detailed business model or plan, showing the project rollout targets and timelines, demonstrating the team’s capacity and capabilities, and so on. “We are very excited about the potential of this competition to provide further impetus to local IoT start-ups to showcase their talent and highlight just how pervasive this technology has become in everything a business does,” concludes Hickey.


Credit(s)



Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

SACEEC celebrates standout industrial innovation on the KITE 2025 show floor
News
Exhibitor innovation took the spotlight at the KITE 2025 as the South African Capital Equipment Export Council announced the winners of its prestigious New Product & Innovation Awards.

Read more...
SA team for International Olympiad in Informatics
News
The Institute of Information Technology Professionals South Africa has named the team that will represent South Africa at this year’s International Olympiad in Informatics.

Read more...
Anritsu and Bluetest to support OTA measurement
News
Anritsu Company and Sweden-based Bluetest AB have jointly developed an Over-The-Air measurement solution to evaluate the performance of 5G IoT devices compliant with the RedCap specification.

Read more...
The current sentiment of the global electronics manufacturing supply chain
News
In its latest report, the Global Electronics Association provides an analysis of the current sentiment and conditions in the global electronics manufacturing supply chain as of June 2025.

Read more...
How IoT-driven smart data helps businesses stay ahead
Trinity IoT Telecoms, Datacoms, Wireless, IoT
With around 19 billion IoT devices globally, embedded in everything from machinery to vehicles to consumer products, reliable data is plentiful.

Read more...
Global semiconductor sales increase in May
News
The Semiconductor Industry Association recently announced global semiconductor sales were $59,0 billion during the month of May 2025, an increase of 19,8%.

Read more...
New president for Avnet EMEA
News
Avnet has announced that Avnet Silica’s president, Gilles Beltran, will step into the role of president of Avnet EMEA.

Read more...
DARPA sets new record for wireless power beaming
News
In tests performed in New Mexico, the Persistent Optical Wireless Energy Relay program team recorded over 800 W of power delivered for about 30 seconds with a laser beam crossing 8,6 kilometres.

Read more...
Nordic Semiconductor acquires Memfault
RF Design News
With this acquisition, Nordic has launched its first complete chip-to-cloud platform for lifecycle management of connected products.

Read more...
Trina storage demonstrates high efficiency and long-term reliability
News
Independent testing confirms 95,2% DC efficiency and 98% capacity retention after one year of operation.

Read more...









While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd | All Rights Reserved