Securing Continuous Operations of Mission Critical IoT Endpoints

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The emergence of the Internet of Things (IoT) has created new challenges for IP networks, chiefly, the vulnerability of IoT endpoints to sudden power and communication cuts and cyber-attacks. There are still no means of guaranteeing that Mission Critical IoT Endpoints are continuously powered and secured in the event of IoT devices being compromised through power and connectivity cuts. Compromised IoT devices pose a danger to device owners and other IoT customers as evidenced by various attacks on various IoT systems e.g. the cyber-attack on Russian banks and the hacking of the Washington D.C. police closed circuit camera network. There is an unmet opportunity for a reliable means of securing and powering IoT endpoints to ensure operational continuity and defence from cyber-attacks. Energy Re-Connect has developed the Power Drop BackUp (PdbU), a patented native Power over Ethernet (PoE) platform that comes as a standalone device connected inline to any IoT Mission Critical Endpoint. The PdbU will be situated at the end of the network and provides combined solutions of power, communication backup and cyber IP gatekeeping. PoE enables converged cabling infrastructure, with the endpoints powered, connected and controlled over the Local Area Network (LAN) and no need for separate power cabling. This eliminates CAPEX and OPEX from dedicated AC cabling, which contributes to the PdbU’s cost advantage (600% less compared to legacy systems). Further benefits of the PdbU include impenetrable cyber protection and predictive capabilities for possible IoT failures. The PdbU is at an advanced stage of development with commercial pre-series sales. During the feasibility study, we will develop a road map for the final version and Ph2 will see us developing and validating the market version of PdbU. Our turnover will come from the sale of our device to the surveillance and smart city markets. We target to achieve a collective turnover of €77M by the 5th year of commercialisation.