Iran University of Science and Technology will host a series of competitions in the area of Internet of Things otherwise known as IoT from July 20–22. The IoT Cup event includes two main parts: Hack Fest and Pitch Fest, local technology website ITMEN reported. Competitors (in teams of three to five) will have to create a product until Friday when the Hack Fest ends. A total of 124 contestants in 32 teams will be competing over 52 hours. The event will be attended by a range of software and business developers. During the Pitch Fest, the top teams will present their products to potential investors.