Interview with Erik Fossum Færevaag, Founder and President at Disruptive Technologies

Disruptive Technologies is an award-winning Norwegian IoT company. We develop the smallest wireless sensors in the world, which are designed to be placed exactly where you need them, making buildings intelligent and sustainable in minutes.

Our sensing solution based on these tiny sensors simplifies data collection and delivers the data securely to our own dashboard (Studio) or our partners’ analytics programs in the cloud. Our technology enables sensor solutions for smart buildings, facilities management, workplace, manufacturing & warehousing, cold storage, and substations. We contribute to safer, more cost-efficient and sustainable operations, which also allow people to unload the ordinary for more rewarding pursuits. 
 
 

 

How did you come up with the idea for the company?

 
We understood the immense challenge temperature measurement brought to facilities managers across industries, as it required many components and technologies that were not accessible. The market also lacked cloud solutions, thus the starting benchmark became to measure temperature on the objects themselves exactly where needed, and share these measurements on simple web-links. We also saw an IoT industry that promised a self-sufficient world of interconnectedness, but the technology was expensive, cumbersome, and limited in capabilities.

It also came with a number of privacy and security concerns, which made adoption difficult. I have previously been part of architecting the world’s lowest power microcontroller EFR32 and the world’s fastest-growing ISM band radio ICs. This made me believe that, with the right people, we could solve temperature-sensing and IoT challenges. Thus, we created Disruptive Technologies with a commitment to measuring temperature everywhere in the simplest and most accurate way possible.

7 years later, we are proud to have grown our team to include the best and brightest in engineering, production, sales & marketing and cloud computing, and be recognized as one of the most innovative companies in the IoT sensor space.
 

 

What advice would you give to other aspiring entrepreneurs?

 
The key to success is defining valuable, ambitious and motivating company goals and hiring exceptional people that can turn those goals into reality. The only way you can materialize your innovative vision is to hire and invest in people who are the best in the field and do not shy away from diving into the unknown. Work hard to attain those ambitious goals and celebrate the small wins with your team along the way.
 

What can we hope to see from Disruptive Technologies in the future?

 
New technologies are always risky to implement, thus the market has so far appreciated the simplicity and easiness of being able to start small in their DT sensor implementation. This gives companies time to evaluate their investment and then scale to global sensor installations.

In the future, we aim to invest in making our technology even more accessible and simple to use and evaluate. We also aim to broaden our sensor portfolio to include more types of sensors, as well as update and increase the performance parameters of current sensors. One thing will not change: we will always be a step ahead in terms of accuracy, easiness, accessibility, and sustainability.