Croatian Startups Launch Internet of Things Business Venture in Kuwait

On February 27, three Croatian startups have joined forces in a cluster Reaktor and launched a joint venture in Kuwait with the Kuwait technology company AEA Manufacture. They will offer various hardware and software solutions for smart buildings and so-called Internet of Things (IoT) devices and systems.

Ali Ashkanani, director of AEA Manufacture, said that the number of devices connected to the Internet of Things has far exceeded the number of people living on Earth. By 2020, the IoT market will be worth 14 billion dollars, which is why it’s important to work with tech startups.

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