IoT sector offers better opportunities for startups, says PTCom founder
The development of IoT technologies and applications has yet to mature, providing better opportunities for startups than large-size enterprises, according to JR Cho, founder of PTCom Technology, a Taiwan-based IoT solutions provider.
Cho said that IoT markets are fragmented as there have been no market leaders emerging and no application standards made available. He added that most leading enterprises have been reluctant to invest in a new sector that cannot warrant mass production, which, however, provides a good investment outlet for startups.