Insights & News

Insight Vector: The Emerging IoT Architectural Paradigm, an interview with Randy Krotowski

Posted by Ed Maguire on Jun 20, 2017 3:52:00 PM



Innovation and market perspectives from leading IOT innovators

Randy Krotowski 
Strategy Partner, Momenta Partners

Our conversation with Randy Krotowski explored the growing importance of machine learning to drive business value in Connected Industry.  Randy sees a new architectural paradigm developing where there is a new layer of cognitive technologies emerging above the application stack, where machine learning can drive incremental value creation across industry.  As part of our commitment to C3IoT, a Momenta client, Randy will be joining them full-time, and we are grateful for his contributions to Momenta Partners.

Randy, could you provide a bit of context on your perspective?

I am a chemical engineer by training; I spent 15 years in engineering, operations and marketing at Chevron, then I came into technology leading an SAP project before I became CIO for the Exploration and Production business at Chevron.  The experience in operational and information technologies was what shaped my views of the market.  After Chevron, I moved to Caterpillar as the Corporate CIO to help drive a digital transformation.  There I began to see IoT and machine learning technologies start coming together. In 2014 I retired to spend more time focused on IoT and machine learning.  I spent 18 months working with GE on the Oil and Gas aspects of Predix and most recently I’ve been working as an advisor at C3IoT for Tom Siebel.  In my experience, they have the best platform for looking at machine learning. I teamed up with Momenta Partners because of their heavy focus on the IoT space including connectivity and devices.  The insight I’ve gained is an architectural perspective on what is coming next. 

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Topics: Advisory, Insights

Value Vector: Amazon-Whole Foods merger will spur IOT adoption to make the food industry smarter

Posted by Ed Maguire on Jun 19, 2017 3:37:15 PM

A shot over the bow to the food retail industry

Amazon’s $13.7 billion acquisition of the 460-store Whole Foods chain is a watershed moment in the food and retail industries with big implications for Connected Industry.  Not only is Amazon the world’s largest online retailer, it is by some estimates the largest retailer in the world. If you include the amount of business conducted over the Amazon Marketplace by third party merchants using the Amazon platform, it’s likely there’s more business transacted over Amazon than Walmart.  

The possibilities raised by combining Amazon massive footprint of warehouses, logistics, cloud computing, artificial intelligence and data analytics with the Whole Foods store presence serve as a shot across the bow to competitors in the market.  At Momenta Partners, this merger signals the urgency for companies at all stages of the value chain to adopt IOT technologies and solutions to drive smarter agriculture, supply chain, manufacturing, logistics and retail marketing.

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Topics: Insights

Value Vector: Blockchain and the Internet of Things

Posted by Ed Maguire on Jun 16, 2017 2:49:00 PM


With the price of Bitcoin and other cryptocurrencies like Ether hitting record highs, and with ICO’s (Initial Coin Offerings) raising more money than VC investments, we may be approaching peak hype around Bitcoin and the underlying technology known as blockchain.

Investments frenzies are often accompanied by skepticism – and this applies to use in the Internet of Things.  "Internet of Things is when your toaster mines Bitcoins to pay off its gambling debts to the fridge” tweeted by American professor Andrew Miller in jest, highlights how odd Bitcoin and IoT can seem at first.  Nonetheless, there’s growing interest in more practical uses of blockchain technologies for Internet of Things applications, and while we are still in the very early stages of the market there are some promising initiatives underway.  At Momenta Partners we’re optimistic about the long-term potential for blockchain, though the current speculative frenzy may lead to disenchantment in the medium term.

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Topics: Insights

Value Vector: Financing corporate innovation - Moving beyond money

Posted by Dweep Chanana on Jun 15, 2017 5:43:10 AM


Investing in the Connected Industry differs from traditional VC investing, requiring a more active approach to maximize returns. As corporate investors emerge as a force within the technology investment and innovation landscape, they will also face specific challenges to convert capital invested into business outcomes.

The latest issue of Go4Venture’s monthly bulletin makes a compelling case that tech innovation financing is changing with “corporate and generalist investors here to stay”. It was a follow-up to their March issue, which mentions a “stampede of newcomers” into European technology investing. As proof, Go4Venture calls out not only the volume of investing – up 18% by value of large transactions (>= 10mn) compared to the same period last year – but also the large deals done by the likes of Softbank, Dell Technologies Capital, and Cisco.

There is no doubt that corporates are increasingly active in technology investing. Samsung committed USD 1.2bn in IoT investment and R&D last year; Hitachi committed USD 2bn to IoT. But it isn’t only the large companies that are buying or investing at a furious pace – even the new tech giants are busy, with 34 AI startups acquired in Q1 of this year.

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Topics: Insights, Ventures

June 14-15: Lauren Salisbury will present at TechXLR8 in London

Posted by Allison Yrungaray on Jun 9, 2017 5:23:49 PM


Lauren Salisbury, Principal Partner with Momenta Partners, to present at TechXLR8

All sessions are part of the Project Kairos, the dedicated startup area at TechXLR8

Connect with Lauren at the event!

Wednesday 14th - 11:20 a.m.   Keynote Panel: 21st Century Calling: The VC prediction & where the start-up world is heading to?

  • What have we learned so far from all the success and failure investment?
  • What value start-ups create for the tech industry
  • Should start-ups focus on making money or changing the world


Wednesday 14th - 12.00 p.m.  Presentation: Shaping the world of 2050 

  • Creating both social and technological innovation for the future generations
  • The disruptive changes the world is facing and where are we heading?
  • Fostering entrepreneurship on 7 continents and how it will shape the world?


Thursday 15th - 12:45 p.m.  Judging Panel: Pitch Off: Enterprise Innovation & Digital Transformation

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Topics: Events

June 13: Ed Maguire to Present at Atlantic Design & Manufacturing 2017

Posted by Allison Yrungaray on Jun 8, 2017 2:52:00 PM


Ed Maguire, Venture Partner with Momenta Partners, will present at "Hacking Industrial Robots in the IoT Factories of the Future: Are Companies Prepared for the Risks?" at the Atlantic Design & Manufacturing 2017 conference at the Javits Center in New York City on Tuesday, June 13th.  

The event will run from 2:30-4:00pm immediately after an industry keynote by Steve Wozniak and will feature a presentation by Ed, and Marcello Poglian.  Marcello will present on a recent research paper - Rogue Robots: Testing the Limits of an Industrial Robot’s Security, published jointly by researchers at Politecnico di Milano in Italy and Trend Micro Inc.'s FTR. The presentations will be followed by interactive Q&A.

Ed will address:

  • The unique IT security threats for industrial environments
  • Broader market trends around IOT security
  • The security market opportunity for IOT
  • Unique and innovative approaches to address IOT security

Connect if you will be there!

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Topics: Events