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.

The IoT global market revenue will reach approximately USD 1.1 trillion by 2025, predicts IDC. IDC also says that the global IoT connections will rise with a 17 percent Compound Annual Growth Rate (CAGR) from 7 billion to 25 billion between the years 2017 to 2025. Back in 2018, Sophia a humanoid robot performed a duet with Jimmy Fallon at his show. This performance left the audience awestruck. The entire world was spellbound of how Sophia (humanoid robot) could showcase human emotion while performing the song.