Top 50 IoT Solution Companies - 2014
With the increasing number of inter-connected and internet connected devices, the networking space today is going far beyond the traditional human-to-machine communications. The everyday consumer objects are turning into communication end points for a well connected world—the trend fondly called as Internet of Things (IoT). Now, with the help of a multitude of internet connected sensors, a retailer knows when to replenish the stocks in their vending machines and a driver can select the shortest route for travel, based on the information about the traffic delays–No wonder, IoT is increasingly integrating into our society and supporting our daily life.
The spectrum of IoT probably spans more areas than the existing technologies of today—including multiple research areas like Body Area networks, Device-to-Device communication networks, Home Area networks, Unmanned Aerial Vehicle networks, and Satellite networks. The development of device sensors and wireless networking technologies like Wi-Fi, Bluetooth, 3G and 4G, is giving the momentum required by the IoT.
With a scenario set like this, the future of IoT might be closer than we think. Smart homes are just the beginning of this. But going forward, IoT will be a lot more than just connected refrigerators or coffee makers. Sensor technology will enable computers to observe, identify and understand the world, without the limitations of human-entered data. New technologies like artificial intelligence and machine learning will result in exciting new range of connected devices in the times to come. IoT is surely taking the world beyond standalone devices, into a new era where everything is connected.
This entire spectrum of IoT offers significant opportunities for technology providers. Integration of new technologies, marketing and sales support for small customers and ecosystem presence, are the attributes that define a successful IoT technology provider. For the semiconductor and electronics hardware vendors, it can be a high-volume, low-dollar market. To drive the revenue growth from the vast IoT ecosystem, the vendors must enhance their embedded software and middleware capabilities or partner with software component suppliers.
In this edition of CIO Review, we bring to you “50 Most Promising Internet of Things Companies 2014”, featuring the best vendors and consultants providing technologies and services related to Internet of Things.
A distinguished panel comprising of CEOs, CIOs, CTOs, analysts including CIO Review editorial board has decided the top companies that are at the forefront of tackling challenges in the Internet of Things market in the US.