By 2025, forecasters predict, the IoT industry will hit between $1 trillion and $3 trillion in revenue due to a shift from mere connectivity to IoT-powered applications, platforms and services. We have listed some IOT companies that are making a lot of noise. According IoT Analytics, there are over 17 Billion connected devices in the world as of 2018, with over 7 Billion of these “internet of things” (IoT) devices. The Internet of Things is the collection of those various sensors, devices, and other technologies that aren’t meant to directly interact with consumers, like phones or computers. Rather, IoT devices help provide information, control, and analytics to connect a world of hardware devices to each other and the greater internet.
RINGCENTRAL
IOT + CLOUD-BASED COMMUNICATION
Industry: Cloud Computing, Communication, Mobile
Location: Belmont, CA
What it does: RingCentral is a distributor of cloud-based communication and collaboration tools for business. The company offers messaging, video and phone platforms that make it easy for teams and whole companies to communicate with one another. The cloud-based technology is used by global brands like the Golden State Warriors, Coursera, BMW and the PGA Tour to enhance communications and remote work.
JIOBIT
IOT FOR FAMILY SAFETY
Industry: Kids + Family
Location: Chicago, Illinois
What it does: Jiobit is a real-time location tracker that allows parents to keep tabs on their kids’ locations. Equipped with government-level encryption, the device purportedly keeps data safe and also maintains a daily record of routes and location history.
COOLER SCREENS
MERGING IOT AND RETAIL COOLERS
Industry: Adtech
Location: Chicago, Illinois
What it does: Cooler Screens transforms the typically functionless facades of retail coolers into eye-grabbing IoT-enabled screens that allow brands to offer real-time promotions and harness customer data while providing retailers with out-of-stock alerts, pricing updates and more.
CCC INFORMATION SERVICES
IOT FOR THE AUTOMOTIVE INDUSTRY
Industry: Automotive, Insurance, Software
Location: Chicago, Illinois
What it does: CCC provides cloud, mobile, telematics, hyperscale technologies and apps for the automotive, insurance and collision repair industries. Using its CCC ONE™platform, the company connects more than 350 insurance companies, 24,000-plus repair facilities, hundreds of parts suppliers and much more.
FARMER’S FRIDGE
SMART FRIDGE IOT
Industry: Food
Location: Chicago, Illinois
What it does: Farmer’s Fridge has a large network of easily accessible smart fridges that offer handcrafted, “chef-curated” food in jars that are packed with quality ingredients. Bonus: any food that’s unpurchased is donated to charity.
ALERTMEDIA
IOT-POWERED SAFETY MONITORING
Industry: Telecommunications, Healthcare
Location: Austin, Texas
What it does: AlertMedia provides mass-alert communication software. With its fully-integrated cloud-based platform, the company provides two-way communications and monitoring. Its SafeSignal app enables users to quickly alert a monitoring center in case of emergency.
SIMPLISAFE
HOME SECURITY IOT
Industry: Security
Location: Boston, Massachusetts
What it does: SimpliSafe makes wireless/cellular home security systems that are disaster-ready, protected against power outages, operate on extra-secure networks and employ deep encryption. The company also has six monitoring centers.
SUPERPEDESTRIAN
BUILDING THE IOT-ENABLED BICYCLE
Industry: Robotics, Transportation, Hardware
Location: Cambridge, Massachusetts
What it does: Superpedestrian develops human-powered mobility for cities employing design, robotics and mobile technology. Specialists in “human-enhancing technologies,” the company’s widely compatible Copenhagen Wheel senses a bike rider’s motions and greatly boosts pedal power.
10TH MAGNITUDE
DEVOPS & DATA MANAGEMENT IOT
Industry: Healthcare, Travel, Cloud
Location: Chicago, Illinois
What it does: With expertise in data and DevOps, 10th Magnitude uses Microsoft Azure to provide companies with cloud-based solutions in customer communications, operations and more. Services include data center transformation, site reliability engineering, application modernization and data intelligence.
CSG
BRINGING IOT TO TELECOMMUNICATIONS
Industry: Wireless, Finance, Software
Location: Greenwood Village, Colorado
What it does: CSG provides BSS software and services for companies in the telecommunications industry that include BSS and revenue management, customer experience and digital monetization solutions. All products are built on public and private cloud platforms.
INSPIRE
SMART ENERGY IOT
Industry: Cleantech
Location: Culver City, California
What it does: Inspire provides cleaner and more efficient power to consumers. The company offers a “smart energy” subscription that offers customers 100% renewable energy as well as energy management services.
ROGUE WAVE SOFTWARE
EMBEDDABLE IOT
Industry: Healthcare, Finance, Entertainment
Location: Louisville, Colorado
What it does: Rogue Wave’s services include API management, web and mobile and embeddable analytics. Its platforms, tools, components and support are used in a variety of sectors, including financial services, technology, healthcare, government, entertainment and manufacturing.
ENEVO
IOT-POWERED WASTE MANAGEMENT
Industry: Food, Retail, Cleantech
Location: Boston, Massachusetts
What it does: Enevo provides waste and recycling services to retail, restaurant and other industries using IoT-enabled container sensors to reduce the environmental, social and financial impact of waste.
NEXLEAF ANALYTICS
IOT IN THE NONPROFIT SECTOR
Industry: Government, Industrial, Big Data
Location: Los Angeles, California
What it does: Nexleaf provides data analytics tools and lightweight sensor services to those in the global public health and climate change sectors. A nonprofit company, its team of computer scientists, software engineers, public health experts and many others works extensively in low-and middle-income countries.
WINK
IOT FOR THE HOME
Industry: Hardware, Smart Homes
Location: New York, New York
What it does: Wink’s app enables users to control lights, power and security systems in their homes. Users are also able to more precisely monitor energy use.
POINT INSIDE
IOT THAT CREATES INDOOR MAPS
Industry: Retail, Healthcare
Location: Bellevue, Washington
What it does: Point Inside creates indoor maps and enables data-driven positioning technologies and indoor location-based services across different industries. Since its founding in 2009, the company has worked with clients in retail, airports, travel, hospitals and other sectors.
ARMIS
IOT SECURITY FOR BUSINESSES
Industry: Security
Location: Palo Alto, California
What it does: Armis eliminates security blind spots for businesses by continuously monitoring every device that’s connected to or in the vicinity of a company’s network. Services include comprehensive device and asset recovery and non-disruptive passive monitoring, among others.