In a recent announcement, Indiana Governor Eric Holcomb, top tech leaders, higher education partners and Scott Fadness, Mayor of Fishers, said they will form the so-called Indiana IoT Lab-Fishers. The new facility will be designed to bring each component of the emerging tech sector of Internet of Things (IoT) together as a lab for innovation and collaboration for the rapidly expanding industry, predicted by Machina Research to become a $3 trillion industry by 2025.
John Wechsler, Founder and CEO of Launch Fishers, is leading the initiative that includes the following founding members: ClearObject (formerly CloudOne) and Indiana University (News - Alert). Indiana IoT Lab-Fishers will be located at 9059 Technology Drive, in 24,562 square feet of flex space in the heart of Fishers’ certified tech park.
“Connected devices are prevalent in our daily lives from wearable fitness bands to self-driving cars. With the rapid speed of innovation in this sector, the Internet of Things provides the greatest threat to our current economy, but it also provides the greatest opportunity for our future,” said Fadness. “There is no other place where all four components of IoT can come together to collaborate and innovate. With John Wechsler’s leadership, Indiana IoT Lab-Fishers and its members will help redefine what the next-generation economy looks like in Fishers.”
IoT Lab-Fishers will allow member companies to take up residence, permanently or temporarily, in the Lab with annual memberships beginning at $1,000. The facility will be dedicated to bringing together the four key components to IoT solutions: ideation, cloud data, edge hardware, and development.
“Indiana’s economy is built on our proven ability to grow things, make things, and move things. Looking ahead, we also want our state to be known as a place for creativity and innovation,” Holcomb said. “To maintain our position as a leader in the new economy, IoT must be part of our strategy for the next generation of Hoosiers, and I commend all those who worked to make bring this high-tech facility to Fishers.”