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30 Fastest Growing IoT Companies 2016

Olea Sensor Networks: Offering limitless solutions and applications in numerous industry verticals

“In order to succeed, we must first believe that we can.” – Nikos Kazantzakis

In the IoT World, the possibilities are endless and Olea Sensor Networks is leading the way. “Connected” is the operative word and their solutions provide limitless applications in numerous industries including Automotive and Industrial Transportation, Health and Fitness, Medical, including Home Care, Home, Commercial and Industrial Security, Banking and Finance, and Government and Military.

Started in order to develop sensors and sensor technologies that would enhance and save lives, Olea Sensor Networks began developing their core technology in 2005 in response to the perils faced by first-responders and victims of the tragic “September 11th” event which took so many lives. They wanted to develop human vital sign detectors that would be wireless, not require direct contact and would be able to identify vital signs in less than optimal conditions. Thus this way their flagship technology platform was born, the OS-3001. A decade later, they continue to work towards making it better and more capable of making lives more secure, safe and efficient for a better life and a better planet.

They are now offering a Development Kit for product development and advanced research, featuring an advanced data acquisition system with multi-sensor development platform capabilities. This sophisticated suite of software and hardware building blocks includes:

  • a vital sign sensor
  • 3–Axis Accelerometer
  • 3–Axis Magnetometer
  • 3–Axis Gyroscope
  • advanced 16-bit data acquisition system
  • multi-sensor software platform with advanced algorithms for extracting statistical data

Few of Olea’s Success Stories
Working with a major European vehicle manufacturer, Olea developed its flagship OS-3001 device in less than 3 months. Their technology partners, Virdata and IBM, are now deploying the new cloud infrastructure necessary to enable the advanced “connected car” services that their customers demanded. Olea demonstrated its technology with those partners at the 2014 CES Show in Las Vegas, Nevada.

The OleaVision Human Presence Detector was developed for a major industrial equipment manufacturer who needed a solution for differentiating between human and inanimate objects in high foot traffic, limited visibility areas while using equipment (such as forklifts) which have many blind spots.

Olea HeartSignature is like no other authentication technology in its ability to continuously identify an individual in real time using contact-less, wireless detection of vital signs to create a unique digital “signature” for limitless security applications.

Olea’s Intelligent Sensors and Sensor Analytics for IoT
Advances in world population, automation and mobility have created the need for a greater amount of information about how and when people move through their environment. Technology has also increased our expectation of what information should be immediately available to us in order to manage our lives on a daily basis. Consumer applications for OleaVision technology include connected home, conn ected car, connected care, health and fitness and home security/identity access management.

Olea continually develops new cloud-based sensor analytics solutions, augmenting its current–model OS–3001 Intelligent Multi–Sensor Data Acquisition Platform, utilizing mobile and cloud–based service solutions over the “Internet of Things” (IoT) communications infrastructure. Specifically, Olea developed an IoT “intelligent partitioning” architecture using its intelligent wireless proximity sensor and software analytics to perform real–time readings of human vital signs streamed live over the Internet to its cloud–based dashboard.

These applications stretch across multiple industries including consumer automotive, transportation, industrial equipment, smart home, retail marketing and security and OleaVision™ makes it possible to improve upon existing technologies for collision avoidance, intrusion detection, fire safety, search and rescue, surveillance, customer analytics (people counting) and energy management. There is a call for advanced and responsible safety mechanisms such as this to protect people from the dangers of such things as vehicle collisions, home invasion and excessive waste of energy resources.

Meet the Olea Team

Frank Morese, CEO/CTO- Throughout his career, Frank has been a pioneer in the semiconductor, wireless and broadband industries, participating in the advancement of 3G & 4G Mobile, GPS, M2M, Wireless Sensor Networks, multi-sensor data and information fusion technologies and Strong Authentication Systems. Frank has held executive leadership positions in key hardware and software systems technology companies including Hughes, Trillium Digital Systems/Intel Corporation, RF MicroDevices, Synopsis, Cadence and Plantronics. A serial entrepreneur, Frank has founded and participated in numerous start-ups involving IPO’s or successful exits including the acquisition of Trillium Digital Systems by Intel for $300 Million.

Frank’s most recent focus at Olea Sensor Networks, is on the delivery of advanced multi-sensor M2M network solutions & services to all industry sectors through the development of proprietary, patent-pending technologies. As an expert in the field, he is an ongoing advisor to some of the most pre-eminent global asset management firms in the world, such as Goldman Sachs, Sands Capital Management, LLC, Lazard, Ltd., Diker Management, Ziff Brothers Investments, Tiger Global Management, LLC, Brookside Capital, AllianceBernstein L.P. and Tracer Capital Management. Frank holds a BSEE from Northeastern University and completed post-graduate work at Worcester Polytechnic Institute and The Wharton School of University of Pennsylvania.

Kenzie Morese, CCO and Co-Founder- Kenzie was an extraordinary and active member of the staff, with a background in homeland security and sensory integration. She is credited with having helped bring this promising start-up to their next phase of development. She held multiple Certificates in Obedience Training and entered the Corporate world after having rejected several offers to become both a Commercial Model and a Therapy Dog. Her contribution was immeasurable and, although no longer of this world, her insightful influence lives on in the spirit of innovation and “dogged” determination at Olea Sensor Networks.

“We foster a close collaboration with our partners and affiliates, allowing us to provide the best service and solutions to our clients and the market.”