In a recent announcement, Breadware released its new IoT professional services marketplace. The service is an online B2B marketplace designed to make the process of developing an IoT product simple. Businesses reportedly can visit Breadware for assistance in planning, building and launching their IoT products. Aiming to be the go-to resource for all product development teams and designers, Breadware said it vets and aggregates trusted resources and IoT service providers to offer reliable options to customers at each step of the product development journey.
“McKinsey estimates that IoT will generate $13 Trillion (News - Alert) in value over the next 5 years, and last year alone, businesses spent $1 Trillion on IoT,” said Daniel Price, Co-Founder, Breadware. “IoT is keeping corporate leaders up at night, with more than 80 percent of them listing IoT as one of their top three strategic initiatives for the year. The actual process of building these IoT products is complex, and almost always outside the core competencies of these businesses. Breadware exists to make IoT simple, to make IoT accessible, and to make IoT successful.”
In addition to creating an intricate marketplace of engineers and designers, Breadware also said it seeks to encompass specialists in IoT product branding, marketing, web development, and crowdfunding.
“On Breadware, companies can explore existing products to see what is possible, find best fit resources to support them on their product development journey, and get support at each step of the way,” said Danny DeLaveaga, Co-Founder, Breadware. “Breadware alleviates the headache of finding the right partners for developing a smart, connected product. When you consider that last year alone, 75 percent of companies that tried to build IoT products failed, it’s clear that this new solution is necessary. Breadware will allow more IoT projects to go right.”