An entrepreneur who sold the company he cofounded for £47.5m, has started a new venture to make Internet of Things (IoT) technology accessible to SMEs.
Chris Byrd, 36, has launched ThingSIM, to provide lower-cost connectivity and management for IoT enabled devices.
The company has removed a major adoption barrier with the service, which it is selling directly to businesses and through partnership agreements with IT providers from its base at Hull’s digital innovation centre C4DI.