In episode 88 of the IoT For All Podcast, Perceive Founder and CEO Steve Teig joins us to talk about how Perceive is bringing the next wave of intelligence to IoT through machine learning at the edge. Steve shares how Perceive developed Ergo, their chip announced back in March, and how these new machine learning capabilities will transform consumer IoT. Steve Teig is an award-winning technologist, entrepreneur, and inventor on 388 US patents. He's been the CTO of three EDA software companies, two biotech companies, and a semiconductor company – of these, two went public during his tenure, two were acquired, and one is a Fortune 500 company. As the CEO and Founder of Perceive, Steve is leading a team building solutions and transformative machine learning technology for consumer edge devices.

When you think of 3M you immediately think of Post-It Notes or Scotch tape. If you're old school or local, maybe you know that 3M was founded as Minnesota Mining and Manufacturing Company. But have you ever thought about this company, which has $30 billion in annual sales, employs 88,000 people worldwide and produces more than 55,000 products, as an IoT company? All that material science must have an opportunity in IoT. For that we turned to Dr. Jennifer F. Schumacher, the technical supervisor and co-founder of the Computational Intelligence group in the Corporate Research Laboratory at 3M Company.

There are many but let me sketch out two significant changes on different levels. On the societal level with the automation, the use of intelligent robots in combination with artificial intelligence has put many traditional jobs are at huge stake and therefore huge changes on the horizon. Autonomous driving at the end means that you do not need a driver any longer. The same logic applies for intelligent check out systems at the supermarkets, be it RFID driven or a robot replacing the cashier. This trend poses huge transformational challenges not only to the Indian society but to all societies across the globe.

Curie Labs, an energy analytics startup, uses sensors, cloud computation, controllers and AI to cut power consumption in large facilities by 25 percent. Last Diwali, Saurabh Vij and Abhinav Saksena were appalled to see the levels of pollution recorded in Delhi and the country at large. The duo are friends from IIT Delhi. Abhinav comes from a core technical background while Saurabh had earlier founded a startup GTI Labs. Discussing the pollution problem, they soon realised that one unit of power consumption leads to close to 0.5 kilogram of carbon emissions.

If there was any doubt that IBM is committed to developing the internet of things, its opening of a new 15,000sqm headquarters in Munich surely clears it. In the pipeline for almost two years, the German HQ – IBM's first ever outside of the US – didn't come cheap, and the brand wants you to know it. "The biggest investment we've made in years" or even "decades" were phrases banded around the opening press conference, as was the $200m price tag. Inside offers up more than 25 floors of collaborative space for both IBM workers and its partners. But towering above the Munich skyline, the building also acts as a warning to the global tech industry that the IT behemoth is readying to own the Internet of Things space in the same way it has allowed Watson to near-dominate the AI conversation.

Bernard Moon is a co-founder and general partner at SparkLabs Global Ventures. Our team has been active as investors in the Internet of Things and hardware space over the past two years. We have read pitches from hundreds of companies, met with dozens, read hundreds of research reports and spoken with various experts. We have invested in six IoT/hardware companies from our global seed fund and seven from our startup accelerator. With this accumulated knowledge, we decided to create an easy to read overview for others to get up to speed on this trending space of IoT.