PAASMER Allows Business to Launch their IoT Products
Our partnership with hardware vendors allow the clients to choose the right hardware for their IOT product and our ready-to-use, easy-to-deploy software for various components like IOT Gateway, Connection software, Mobiles applications, Cloud and Analytics gives the flexibility to launch an IOT product within months. We can enable an IOT solution at the fastest time of one month from conception to launch.
- Most IoT Platforms in the market are Cloud or Enterprise based platform architectures which allows Things to connect and leverage the cloud.
- Businesses have to figure out a way to design their edge side of the architecture by working with System Integrators.
- They need to build the IoT skill, identify various partners for implementing IoT solutions.
- Results in complex, costly and time consuming efforts for enterprises looking to build TTM Iot solutions.
- PAASMER is a true IoT platform and aims to be a single stop for customers looking to build IoT solutions.
- Our software manages the edge components with an edge centered self sufficient solution.
- PAASMER provides lots of build-in components for faster TTM solution.
- We provide Edge Side Analytics and seamless integration to any cloud of clients choice.
We're Growing Fast
"PAASMER fills an important gap existing in the market today and that is to protect existing cloud investments of enterprises
to implement their IoT solution. That is a good niche for the platform to target. Enterprises are going to like it."
- Benoit J. Lheureux, Iot Research VP at Gartner
Current monthly recurring revenue
Paying Enterprise & SME customers
Revenue growth quarter over quarter
Our Partners are Industry Leaders
"Mobodexter became a natural partner for us as they demonstrated their platform innovation and agility in implementing complex IoT solutions that matter to our large scale Smart City projects by bringing the right partners onboard"
- Jo Pannecoucke, CEO of H3Buildings
PAASMER allows clients to launch an IoT product in a short time, as all the components required for the end-to-end solution are prebuilt and ready-to-use.
We offer the entire solution at an extremely affordable price with flexibility on picking the components needed by customers for their solution.
Wide-Range of Components
We provide a rich array of components ranging from compatible hardware, communication protocols, analytics cloud and value-added services.
Clients have the flexibility to not remain locked into any of their choices by having software layers that transition smoothly. We also can accommodate existing client platforms.
Analyse the data using powerful intelligence on gateway or cloud using automated machine learning tools for immediate insights and actions.
PAASMER Powered Products
A Smart Power solution for the Smart Home that control and manages power of all connected devices.
A Voice based services order and control platform that can integrate into all essentials services in a smart city.
A GPS-Based Smart Parking solution that helps identifying free parking slots in a smart city.
A remote generator monitoring solution that helps to manage the generators efficiently and effectively.
A health-care solution that helps in managing patients vitals and hospital lab equipment in efficient and effective way.
A retail solution that guides consumers to best offers in a mall and shop owners to push offers based on consumer interest.
What We've Achieved So Far
Inception of Mobodexter in USA and India with HQ in NY
Achieved Profitability from Revenue & Started IOT R&D
Signed up Intel, Advantech & Qualcomm as Hardware Partners
Started Onboarding Clients on Paasmer
Released Edge Analytics; Edge Machine Learning & Edge AI
Paasmer Software Development Kit launched
Launch Paasmer IoT 2.0
Our Investor Deck
Let's Connect the World Together
Our investors believed in us in our first fundraise and it helped drive our business. We believe in the power of everyone investing in us. We want you to be by our side, enjoying the success you’re helping to create. We are glad to share our progress since our last fundraise here. First, we fast tracked our innovation in Edge Analytics, Edge Machine Learning, and Edge Artificial Intelligence software and released them in the market earlier this year.
Second, we expanded our platform outreach beyond Internet of Things to do projects in Drones, Blockchain and Smart City. Third, we also launched the Paasmer Solution Development Kit store to help startups and SMEs take-off faster on their IoT development. We are super excited that we won our largest project by showcasing these innovations. Our recent $100 MM Smart City project win in Belgium has given us an extremely strong position in the market. We are only looking at the tip of the market potential of our innovation, but we still have miles to go.
We are thankful to all our Wefunder investors who powered us to the current state! Now, we call upon you to fund our campaign this year to power us to do greater wonders as we expand into Europe!
We would like to leave a favorite quote of ours here: “The best way to predict your future is to create it," by Peter F. Drucker.
Chandramouli Srinivasan and Kavitha Gopalan
Meet the Founders
and the rest of the team
From 552 Investors
We are only few of the companies offering Edge centric IoT Platform architecture and our architecture defines a unique edge centric self-sufficient implementation model of building an IoT solution. The cloud part of the solution is offered to
accommodate flexible hybrid models. The key differentiation and unique aspects of our Edge/Gateway centric architecture that is unique to PAASMER compared to existing IoT Platforms are:
1) Best In Class High Speed Edge Database
2) Innovative Edge Analytics
3) Modular Edge OS
4) Innovative Edge & Cloud Security
5) Dynamic Cloud Management
Machineshop - PAASMER differs from Machineshop in giving the complete operating system bundled with all libraries for clients to easily integrate while Machineshop gives only the libraries required. Hence the time to take to integrate an IoT solution is lower in PAASMER.
The revenue generation comes for the platform comes from three different streams:
1) Professional & Consultancy services to build the solution.
2) Licensing fees on the gateway OS
3) Subscription fees on the cloud.
We expect the services component to be higher in the initial phases and then taper down as we engage more partners to enable our clients.
1) Referrals from our existing customer base.
2) Social Media marketing - Lead generation and lead nurturing programs through social media campaigns.
3) Marketing - Trade-shows; Email campaign; Weekly Newsletters to leads
4) Sales - Inbound & Outbound sales process that involves calls; meetings & demo.
Yes, we already have clients and we are revenue generating from our clients. Majority are building their products using PAASMER technology to bring their products to market next year.
When we started out in building this platform we were focused on enabling the software and we want to bring some of the people that we've been working with as our hardware partners. To date we have Intel, Mediatek, we have Qualcomm who are all signed up as our gateway partners. We have a couple of sensor partners that we have also signed up. This is again based on our Intel experience, and we have a bunch of OEM/ODMs based in China and Taiwan who are also on board in terms of designing hardware centric parts for our clients of which our software can be bundled along and implemented for that.
This is becoming the next revolution to internet is jumping on this opportunity. Amazon, Google, and Microsoft launched their IoT platform this year and when we started out in 2014 none of them were there, and the pace at which these guys are trying to capitalize on this opportunity is something that keeps me awake and it takes a lot of funds and aggression in this market to capture it.
M&A is one of our top exit strategy over a period of 5-7 years as our platform could be a complementary addition to an existing portfolio of a larger IoT cloud provider. Some of our competitors with equivalent platform architectures are either having a larger IoT player as strategic investor (Cisco is an investor in Ayla) or acquired by a larger player (Solair acquired by Microsoft). ROI can be expected to take a period until an Exit happens. Typical return rates tend to be higher in IoT space than other in technology space as IoT is in early adoption cycle of Gartner's Hyper Cycle for 2016.