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About Us

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

At IoT Labs, we strive to push the boundaries of technology through innovative IoT solutions. Our mission is to enhance connectivity and improve everyday life using smart technology. We provide boutique advisory services focused on growth strategy, product innovation / incubation, channel strategy, ecosystem and alliance creation, and deb

At IoT Labs, we strive to push the boundaries of technology through innovative IoT solutions. Our mission is to enhance connectivity and improve everyday life using smart technology. We provide boutique advisory services focused on growth strategy, product innovation / incubation, channel strategy, ecosystem and alliance creation, and debt/equity financing for companies and startups in the IoT, AI/ML, wireless and semiconductor spaces.

About our founder

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

  

Alistair is a mission-driven CEO with a track record of transforming IoT and AI innovation into global businesses. Over his career, he has created and led organizations that built breakthrough hardware platforms, scaled cloud and data infrastructure, and delivered end-to-end solutions trusted by Fortune 500 enterprises, industrial leade

  

Alistair is a mission-driven CEO with a track record of transforming IoT and AI innovation into global businesses. Over his career, he has created and led organizations that built breakthrough hardware platforms, scaled cloud and data infrastructure, and delivered end-to-end solutions trusted by Fortune 500 enterprises, industrial leaders, and public sector customers worldwide.


Alistair is globally recognized as a thought leader in transforming deep-tech innovation into sustainable revenue growth across enterprise, industrial, and public sector markets; and has a proven track record in scaling data, IoT, and AI-enabled platforms from product-market fit through international commercialization. 


Alistair operates at the intersection of technology and business - shaping strategy, securing market-defining customers, and driving sustained revenue growth. His unique experience - spanning software, hardware and developer tools - enable him to help clients align their entire value chain - from silicon to cloud to solution - with customer needs and market opportunity.


Simply put, Alistair builds businesses that turn deep tech solutions & services into market leadership, creating outsized growth and lasting impact.

Services we offer

Combining hardware, software and cloud services to enable customers with simple tools that will change the world

Services we offer

Whether you are a startup in the IoT space, an investor, a PE fund or VC house, or an established technology provider; we offer a tailored suite of services to fit your needs. Engagements range from one off advisory engagements, ongoing retainer based support or non executive board membership.

In The Media

The Industrial IoT might help us save the world… but not if we don't fix it...

The Industrial IoT might help us save the world… but not if we don't fix it...

The Industrial IoT might help us save the world… but not if we don't fix it...

The worlds infrastructure is powered by aging machines largely designed by enterprises in the industrial age… and only modestly augmented for the information age.  IoT enables a new era of intelligent machines – designed and reimagined with embedded intelligence to create a Managed Enterprise Edge… but not if we don't fix the issues holding our customers back...

Watch Now

Connecting the Future: The Evolution of Wireless Technology

The Industrial IoT might help us save the world… but not if we don't fix it...

The Industrial IoT might help us save the world… but not if we don't fix it...

In this week's episode, Ken Forster, Founding Partner at Momenta, interviews Alistair Fulton, former SVP and General Manager of LoRa Wireless and Consumer Sensing at Semtech.

Listen Now

Medium: What is the future of the IoT and why is it so important?

The Industrial IoT might help us save the world… but not if we don't fix it...

Medium: What is the future of the IoT and why is it so important?

Alistair Fulton on the future of the Internet of Things (IoT), and why it has the potential to improve our health, our communities and our lives.  Why is the IoT the key to "producing more from less" and aligning our economic goals as businesses with the goals of the communities we serve.

Read Now

Smart Cities World: New Connectivity Trends For Smart Cities

Smart Cities World: New Connectivity Trends For Smart Cities

Medium: What is the future of the IoT and why is it so important?

Alistair Fulton highlights, low-power, long-range wireless networks that are only just being realised when it comes to building smart cities and their full potential must be recognised. 

Read Now

IoT and Climate Change: Building the Internet of Everything

Smart Cities World: New Connectivity Trends For Smart Cities

IoT and Climate Change: Building the Internet of Everything

The core concepts of the IoT are far from new, the technologies that underpin it are mature and widely available and the economic and environmental benefits are proven. If the value of IoT solutions is so clear why aren't they in use by every company in the world? The answer is simple - implementing IoT solutions is often complex, expensive and disruptive - how do we learn from the mistakes of the past to unlock the potential of the IoT to save the planet? 

Watch Now

Tech For Good Podcast: Alistair Fulton

Smart Cities World: New Connectivity Trends For Smart Cities

IoT and Climate Change: Building the Internet of Everything

The Tech For Good Podcast explores technology’s growing role in solving humanity’s biggest issues. In this episode, Ben Mouncer speaks to Semtech’s Alistair Fulton about how LoRa can play a role in combating climate change.

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The Ivy Podcast: The Role Of LPWAN In Enabling The IoT

IoT Now: IoT, ML and LPWAN will combine to protect vulnerable infrastructure

The Ivy Podcast features episodes with the most accomplished executives from global organizations, who share insights and case studies. We focus on various relevant topics as Innovation & Strategy, Digital Transformation, Hiring and Retention Strategies, Creating Winning Company Cultures – and much more

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IoT Now: IoT, ML and LPWAN will combine to protect vulnerable infrastructure

IoT Now: IoT, ML and LPWAN will combine to protect vulnerable infrastructure

Being able to monitor and control systems is not just important from the perspective of the Internet of Things (IoT) but it is also a way to secure energy and water networks. Cyberattacks on infrastructure, power and water supplies are an increasing risk, and the infrastructure has typically seen years of underinvestment and as a result can be poorly protected. There are millions of points of attack that are unmanned and vulnerable, and low power wide area network (LPWAN) technology can be used as a key enabler of safety in the infrastructure.

Read Now

Silicon Republic: How the internet of things is monitoring the Earth’s resources

The development of technology to monitor the way in which we use increasingly scarce resources is vital for minimizing the environmental impact of human activity. Earth Day (22 April) is dedicated to highlights the need to make the most of the resources we have, what is the role of Massive Iot in Enabling This Future?

Read Now

IoT Now: What Are The Next Big Trends In IoT?

Robin Duke Woolley, CEO of Beecham Research sits down with Alistair Fulton, Vice President and General Manager of Semtech’s Wireless and Sensing Products Group at CES2020 to discuss the industry-wide push toward the simplification of IoT application development and driving accessibility of the latest technologies towards a broader audience.

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The Future Of LoRaWAN and Semtech's Role In Enabling An Ecosystem

An Update From The Early Days of LoRaWAN On Our Approach To Enabling A Rapidly Growing Ecosystem Of IoT Solution Providers

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IoT Now: How can LoRaWAN help developers overcome the barrier to IoT?

In this brand-new Quickfire Interview, editorial director, Jeremy Cowan chats to Alistair Fulton, SVP & GM of Semtech's IoT Division about their LoRa Device-to-Cloud platform, why connectivity is more critical than ever and how their collaboration with AWS will offer customers a competitive advantage.

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Alistair's Background

Alistair Fulton is a mission-driven CEO, senior advisor, and global P&L leader with more than 25 years of experience transforming deep-tech innovation into sustainable revenue growth. Over the course of his career, he has scaled IoT, AI, data infrastructure, and semiconductor businesses across North America, Europe, and Asia, leading organizations from early product-market fit through international commercialization. As founder and CEO of IoT Labs, he now advises growth-stage companies, global enterprises, and private equity firms on strategy, product innovation, go-to-market acceleration, and capital formation, bringing a rare blend of technical depth, operational discipline, and investor engagement expertise.


Alistair’s executive career includes building and leading some of the industry’s most recognized platforms. At Semtech, he served as General Manager and SVP of the IoT Division, where he quadrupled revenue to $300M and established LoRa/LoRaWAN as the global standard for low-power connectivity, enabling more than 500 million devices worldwide. He embedded LoRa in networks such as Amazon Sidewalk and Helium, expanded the company’s total addressable market to $3.1B, and built a $1.5B funnel through ecosystem partnerships. Prior to Semtech, Alistair co-founded Hitachi’s Lumada IoT platform, scaling the business to $14B in revenue while pioneering digital twin solutions that aligned with the company’s board-level Social Innovation strategy.


As Chief Operating Officer of Blues Wireless, Alistair worked alongside founder Ray Ozzie to pivot the business from a product-centric approach to an ecosystem-first model. In under nine months, he built a 100+ partner network, generated a $120M qualified pipeline, and secured strategic partnerships with Arduino, Soracom, and The Things Industries. He also set the stage for the company’s $33M pre-Series B raise, managed M&A discussions, and strengthened investor confidence with Sequoia, Qualcomm, and other institutional backers. More recently, he was appointed Interim CEO of Emerge.io, a deep-tech startup redefining human-machine interfaces across AR/VR, industrial IoT, and gaming. There, he successfully re-engineered the GTM strategy, repositioned the product roadmap around proprietary MEMS IP, closed an $8M Series 1 funding round while navigating a critical strategic pivot.


Earlier in his career, Alistair was instrumental in Microsoft’s entry into IoT. He founded and incubated Azure IoT v1.0, secured executive sponsorship and funding, and realigned the $1.5B Windows Embedded business to focus on connected devices. In successive leadership roles, he built cross-platform IoT capabilities into Visual Studio and VS Code, and led acquisitions and investments spanning cloud, analytics, and IoT—including Xamarin, which became the foundation of Microsoft’s cross-platform developer strategy. Prior to Microsoft, he held senior leadership roles at Deloitte Consulting, O2 (Telefónica UK), and several early-stage ventures, where he developed a reputation for driving large-scale turnarounds and pioneering new growth strategies.


Today, through his consulting practice, Alistair helps clients navigate inflection points with clarity and speed—whether scaling technology platforms, executing cross-border M&A, designing channel strategies, or raising capital. He is recognized as a trusted advisor to boards, private equity investors, and founders, known for his ability to translate complex technology trends into actionable strategies that unlock growth and long-term enterprise value. With a career that bridges Fortune 500 companies, high-growth startups, and global advisory work, Alistair brings both vision and execution discipline, enabling clients to succeed in today’s rapidly evolving IoT and AI-driven economy.

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