Ioetec

Ioetec is a UK-based cybersecurity software company that specialises in securing data for Internet of Things (IoT) devices. The company's core offering is the Ioetec IoT Security Platform, which is designed specifically for resource-constrained devices with limited computational, power, and memory capabilities — such as battery-operated sensors. The platform encrypts data at the point of generation and securely transmits it to a designated backend endpoint. To achieve this on low-resource hardware, Ioetec employs an innovative approach to secure key exchange combined with the industry-standard AES encryption algorithm, enabling strong cryptographic protection without requiring significant processing power or memory. Ioetec is co-founded by Mark Davies (CEO) and Mike Faulks (CTO), the latter bringing expertise in cybersecurity and embedded computing. The company maintains affiliations with several notable organisations, including the National Cyber Security Centre (NCSC), GCHQ, LORCA, PETRAS IoT Research Hub, the IoT Security Foundation, and academic institutions such as Sheffield Hallam University and the Advanced Manufacturing Research Centre (AMRC). These affiliations indicate the company's involvement in IoT security research and the broader UK cybersecurity ecosystem.