New Practice Supports Internet of Things and the Industrial Internet; Expands Focus to Telematics, Wearables, Home Automation, mHealth, and more.
NEW YORK, NY – February 25. 2016 – 151 Advisors, a global strategic consulting firm for mobile, wireless, and web-based software and technology companies, today announced specialized consulting services to help companies of any kind solve critical business problems, seize new market opportunities, and achieve results in today’s highly challenging and rapidly evolving global IoT and industrial internet ecosystem.
By 2020 it is forecasted that there will be more than 10 billion new devices and connections added to the Internet of Things, due to analysts estimates that more than 6 trillion will be spent on IoT solutions, products, and integration services over the next 5 years.
“The M2M and Internet of Things space clearly represents a tremendous opportunity for new technology, innovative ideas, and monetization potential, however, there’s a void for strategic consulting services to help companies realize their full revenue and market potential,” said Bill Rom, Managing Partner at 151 Advisors. “151 Advisors is addressing this need by providing over 100 years of combined experience building global wireless technology companies with a deep knowledge of the inner workings of the IoT market, to provide companies the insight they need to execute their M2M business. We will also continue to add industry-leading associates to our team in order to deliver the results companies have come to expect from 151 Advisors.”
To continue to monetize the connected world, 151 Advisors has expanded its practice to offer existing IoT companies or companies looking to explore the industrial internet revolution, with specific industry focused services and capabilities, including:
- Strategy, Business, and Financial Planning
- Go-to-Market Design and Execution
- Product and Revenue Strategy for North America
- Market Entry Business Development Programs
- Distribution and Sales Channel Development
- Strategic Industry Partnerships
- Corporate Development and M&A
Recognizing that advances in mobile technology are continuing to break down limitations previously imposed on physical location and the resulting demand for international services, 151 Advisors offers a one-of-a-kind IoT and M2M market study and analysis capability for international companies considering a North American presence. Foreign organizations are now able to commission a comprehensive, competitive report on the U.S. Industrial Internet landscape, identifying challenges and opportunities across the entire ecosystem, from the operator side to the device side, including airtime contracts, distribution, etc., with a conclusion for whether to enter, and how to execute if the decision is made.
About 151 Advisors
151 Advisors is a strategic consulting firm that helps technology companies solve critical business challenges, seize new market opportunities, and achieve real results. The company helps mobile, wireless, and web-based software and technology companies build and execute go-to-market strategies to drive revenue growth. With more than 100 years of combined experience building profitable technologies companies, 151 Advisors ensures companies gain a deeper understanding of the emerging technologies, solutions, applications, hardware, and services in the industrial IoT Market. 151 Advisors works with companies of all sizes, from growth-stage startups to large global corporations.
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Contact: Lora Friedrichsen or Valerie Christopherson
Global Results Communications (GRC)
+1 949 608 0276