Two years ago, we identified 620 IoT platform companies globally on the open market (up from 450 companies identified in 2017). This article provided information on the top featured IoT companies on Thomas, and the top companies in the USA by revenue. We hope this information has been helpful to you in your supplier search. To learn more about these companies, or to make your own custom list of suppliers, feel free to visit Thomas Supplier Discovery where we have over 75 Internet of Things (IoT) service suppliers listed. Table 2 below contains the top Internet of Things service companies in the USA, ranked by estimated annual revenue as found on

iot platform vendors

It can keep track of metrics like battery health, memory usage and connectivity, monitor the success of software updates, flag devices that haven’t checked in within a specified timeframe and assess the overall health of a fleet of devices. IBM’s fully managed and cloud-hosted IoT platform delivers a cloud-hosted environment that tackles everything from device registration and authentication to connectivity and data management/analytics. Areas of specialization include enterprise asset management, facilities management and systems engineering. As a result, it’s important to consider what your organization’s requirements are for hardware, data access, reporting, and budgeting before selecting an IoT platform. Different business models and different IT infrastructures are better suited to one platform or another. Mainflux Labs is a technology company offering end-to-end, open-source patent-free IoT platform, edge computing gateway and consulting services for the software and hardware layers of the internet of things technology.

The number of IoT platforms in APAC and China is rising.

Siqsess LLC is a service company offering product and software application development services for the logistics, healthcare, agriculture, manufacturing, retail, and financial industries. The company has its headquarters located in Mount Prospect, IL, and was founded in 2018. Elinext is a service company offering software development and engineering services for web, mobile, and cloud applications. I/O Technologies Inc is a provider of IoT services for commercial and business applications.

iot platform vendors

With high volatility, demand forecasts in June can be completely different than actual demand in December. This raises the overall risk of either missing the season by not having enough, or facing enormous markdowns in January. Ark Electronics is a custom contract manufacturer and service provider of sensors, electronics, and communications hardware and is focusing its R&D on IoT, PCB design, and more. They are capable of designing, prototyping, and manufacturing customer-based solutions and industrial IoT systems for consumer electronics, mobile communications, automotive, and wearable technology applications. PTC provides customers with computer-aided design, product lifecycle management, IoT and augmented reality technologies. ThingWorx from PTC is an industrial IoT platform capable of extracting real-time insights from complex IoT data and improving operational safety and efficiency.

Provider List Comparison

Its mobile app enables users to quickly alert a monitoring center in case of emergency. In an age of hyper-connectivity, the Internet of Things (IoT) is the basis for a booming sector in which countless innovators provide software and hardware for everything from intelligent homes and cars to medical devices and manufacturing. With the proliferation of news on security breaches in internet-connected systems, it’s easy for executives to get skeptical of embracing technological innovations, including IoT. While security breaches are often a sign of weak implementation of security measures in the architecture or design of a system, large corporates (especially in highly regulated verticals) tend to be risk averse. They may be slow to drive broad adoption of their digital pilots in fear of security and privacy breeches.

iot platform vendors

One of the best tool for manufacturing industry to collecting, monitoring and helping while analyzing any defect in production line. I’ve been using Microsoft Azure IO T for a while now and I have to say that I am thoroughly impressed. The platform offers an extensive range of features and tools that make it easy to connect monitor and manage IO T devices at scale. SimpliSafe makes wireless/cellular home security systems that are disaster-ready, protected against power outages, operate on extra-secure networks and employ deep encryption. Device manufacturers rely on various standards and approaches, which often results in gaps and vulnerabilities. Clients receive 24/7 access to proven management and technology research, expert advice, benchmarks, diagnostics and more.

Top Featured Internet of Things (IoT) Companies on Thomas

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year. Organization are increasingly turning IoT platforms to perform an array of tasks, ranging from real-time inventory visibility and predictive maintenance systems to energy and smart buildings. It’s safe to say that no sector has been left touched by the IoT – cloud computing in particular is linked to IoT. Having a clear goal and backing from top level management can make or break an IoT platform, especially for larger firms.

The file also includes a structured list of 84 merged or acquired IoT platforms and a structured list of 188 discontinued IoT platforms (with explanations as to why the platform has been discontinued). The list is based on several months of analysis (July–October 2021) that involved extensive research to compile and classify a detailed data set of IoT platforms. As much as the first aspect (partner ecosystem) and third aspect (Leadership commitment) are most applicable to large iot platform vendors, this aspect is rather applicable to small IoT platform vendors. Small vendors have the chance to stand out with an offering that is tailored to one specific customer need, one specific industry or that embraces one specific business model. By doing so, those platforms will likely not appeal to the masses but if done right, it will earn them a spot to pitch their solutions to a small set of highly interested customers.

Ayla Agile IoT Platform

Unlike startups, these corporates have a much more to lose as their brand and reputation reflects real market value. With digital innovation project costs rising annually, executives question when all the promises of these IoT projects will positively impact their bottom line. For most companies, connected IoT solutions have yet to move the needle. It’s always wise to survey the vendor to determine how it approaches updates, patches, security issues and other factors. Similarly, it’s important to understand how it handles customer support and how it sees the platform evolving.

iot platform vendors

It’s essential to analyze existing IT, cloud and network frameworks to determine their fit with an IoT platform. Along the way, an organization must determine whether current IoT devices will work with the framework and which, if any, require upgrading, retrofitting or outright replacement. Pricing models, standards, cloud connectivity and elasticity, system flexibility and security methods vary greatly.

List Of 450 IoT Platform Companies

It’s designed to manage devices and data on the edge and into the cloud. The platform offers strong analytics, ML and automation features that are valuable for predictive maintenance, real-time asset tracking, logistics and supply chain management and smart city and building initiatives. One concern with this proposal is that it may be very expensive for IoT platform vendors. It may take a long time before the corporates achieve the agreed metrics for success and for revenue share (or savings-share) to start to trickle in. Given the nascence of IoT solutions and business models in many industries, there may need to be a lot of experimenting and learning before successful business models may emerge. It will require a long-term belief that this “skin in the game” business model of at-risk will eventually lead to more stickiness and loyalties for that particular platform and ecosystem.

IoT frameworks are designed to automate data collection and processing on the edge. As a result, it’s important to understand whether an IoT platform supports ML. While all these vendors support some level of flexibility, not all approaches are equal and some are a better match for certain IoT configurations.

How to Select the Best IoT Platform

ScienceSoft USA Corporation, of Mckinney, TX, is a service company for IT services such as app development, data analytics, cloud platforms, messaging, and more. Their focus on cybersecurity and safety allows them to meet HIPAA, ACA, and many more safety standards, and they are among the top 10 fastest-growing data analytics companies today. Their IoT initiative provides consulting, full-cycle development, analytics, management, and more. There is a wide range of open-source IoT device management platforms.

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