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Summary:

The Internet of Things can help track gadgets to their end of life, whether that’s to a landfill or to a new user. Here is a real-world business example of the latter: EcoATM is connecting its cell phone recycling kiosks using machine-to-machine networking company Axeda’s software.

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The Internet of Things — where all objects and machines are connected — can help make devices and systems more energy efficient and can also help track objects and gadgets to their end of life, whether that’s to a landfill or to a new user. Here is a real-world business example of the latter: A startup that builds kiosks for recycling cell phones, called ecoATM, is partnering with machine-to-machine (M2M) networking company Axeda.

EcoATM, which was one of the winners at our Green:Net 2010 competition, is using Axeda’s wireless software sensor platform to connect its growing amount of kiosks and provide the startup with diagnostics and remote management. EcoATM’s VP of engineering, John Beane, told me in an interview that ecoATM turned to Axeda because the M2M software can help the company do remote software refreshes on its kiosks, and it can also fix any problems with the kiosks without having to send a technician in person out to each kiosk, which saves time and money.

Axeda, which I put on my “12 smart grid startups to watch in 2012″ post, essentially creates the intelligence in the cloud that can monitor and manage the connectivity and sensors in devices and buildings in real time. Back in November the company’s software was crunching about 10,000 transactions per second, though that number is supposed to quadruple over the coming year as more and more devices are connected.

EcoATM needs a certain level of smarts in its kiosks, but putting some of that in the cloud makes sense. The kiosks offer users an easy way to drop off and recycle old electronics. The machines calculate the discarded objects’ value, then pay the user on the spot in cash or coupons. The company’s secret sauce is the kiosks’ ability to automatically estimate — using electronic and visual techniques — a price of the unwanted items that will give consumers an immediate financial incentive to recycle at the station.

As ecoATM adds more kiosks in more locations, it will need a growing amount of connectivity to make its kiosk network run smoothly. Beane says that the company currently has 50 kiosks installed and plans to boost that number to 500 over the next couple of years.

Axeda has been around since 2000 and has raised $16 million from JMI Equity and MMV Financial. EcoATM is four years old and has raised $14.4 million in funding from kiosk giant Coinstar; Oakland, Calif.–based venture capital firm Claremont Creek Ventures; venture debt from Silicon Valley Bank; and Tao Venture partners.

  1. Reblogged this on Things I grab, motley collection and commented:
    when environment join force with technology and vice and versa.

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  2. These machines are nice but let’s get real, you aren’t going to see one near you till about 2015. For now your best alternative is to mail your cell phones to http://www.technollo.com. They offer better pricing, free shipping and department of defense data wiping processes that ensure your phone is recycled properly. Or if you want to talk to a human call us at 888-242-1110 and we’ll be happy to help you sell us your smart phones.

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    1. Not sure where you got the 2015 idea, but about 50 are deployed right now mostly in California with mass commercialization later in 2012. So you can start looking for them in major metropolitan areas this year and even more in 2013.

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    2. Not sure where you got the 2015 date, but it will be much sooner than that. Expansion into major metropolitan areas starts this year and continues in 2013. visit http://www.ecoatm.com for updates on locations.

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      1. Thank goodness we made it through 2012 and into 2015. Just walked into my local mall in cali and saw one of these machines…looking for an old phone to use this on

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  3. @Technollo. You’re right that these kiosks won’t be widely deployed for awhile. Not sure on the timing, but yes until they are convenient and wide spread, look for a mail in option.

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  4. worthless in US, priceless in some third world country, why recycle, when you can reuse it? Clouditems that charming idea, but this matter is far beyond just mobile devices. http://baretech.wordpress.com/2012/01/05/sharing-may-be-the-future-not-social-sharing-sharing-everything/

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