Top 10: IoT Companies
Used in a range of sectors, from manufacturing to transportation, the potential value of the Internet of Things (IoT) is large and growing. In fact, McKinsey estimates that it could amount to up to US$12.5tn globally by 2030.
In the telco industry in particular, as more people live in urban areas, cities are having to become increasingly digitalised to adapt to people’s growing needs. As a result, IoT is becoming quite a driving force - but this also means that global IoT providers are under pressure to deliver expanded connectivity for businesses and customers alike.
With this in mind, Mobile Magazine champions some of the leading companies in the world that are developing IoT solutions.
10. Bosch
CEO: Dr Stefan Hartung
Headquarters: Germany
Founded: 1886
Bosch is a German multinational engineering and technology company. It provides an IoT suite for connecting and managing devices, gateways and sensors, whilst also providing secure access management and an open IoT platform for all types of domains.
In particular, Bosch IoT Insights is a fully managed cloud service that collects, processes, and stores users’ IoT data for further analytics. Bosch IoT Insights is a one-stop self-service tool that gives organisations the freedom to work independently and autonomously with their data.
9. Qualcomm
CEO: Cristiano Amon
Headquarters: US
Founded: 1985
Qualcomm IoT technologies and solutions utilise the real-world Connected Intelligent Edge to offer end-to-end, ready-to-deploy solutions so customers can digitally transform their businesses to optimise their operations, monetise massive amounts of data, innovate in new ways and drive cost savings.
By connecting previously unconnected things, customers can improve decision-making based on data collected and analysed in near real time. In addition, Qualcomm solutions efficiently and intelligently process massive amounts of data, including video, using on-device AI for real-time applications.
8. Ericsson
CEO: Börje Ekholm
Headquarters: Sweden
Founded: 1876
Ericsson’s IoT solutions are designed to bridge the gap between possibility and reality via the use of cellular connectivity.
Ericsson’s Cellular IoT solution stands to address diverse use cases ranging from the more basic use cases such as asset tracking and smart metering to more advanced use cases such as drones and AR/VR, to even higher demanding use cases such as autonomous vehicles and collaborative robotics.
The solution also leverages new 4G LTE and 5G NR capabilities in the following four segments: Massive IoT, Broadband IoT, Critical IoT and Industrial Automation IoT.
7. PTC
CEO: Neil Barua
Headquarters: US
Founded: 1985
PTC’s ThingWorx industrial IoT platform aims to provide the functionality organisations need to flexibly build and securely scale their mission-critical IoT solutions. The solution delivers tools and technologies that empower businesses to rapidly develop and deploy powerful applications and augmented reality (AR) experiences.
PTC says that ThingWorx simultaneously removes the technical barriers to Industrial IoT implementation, while emphasising practical solutions that quickly return value. Its solution enables organisations to maximise revenue, accelerate innovation, reduce costs and improve quality.
6. Huawei
CEO: Ren Zhengfei
Headquarters: The People’s Republic of China
Founded: 1987
Huawei's IoT strategy is to supply IoT infrastructure and build an ecosystem through expanded connections, cloud services and AI, which will in turn aims to support rapid service rollout, global reachability through cloud services and monetisable IoT applications.
By using its communications technology, Huawei’s goal is to help carriers quickly access and deploy IoT services and accelerate their business success in IoT.
The company also offers a range of IoT solutions such as connected cars, public utilities and predictive maintenance.
5. Intel
CEO: Michelle Johnston, David Zinsner
Headquarters: US
Founded: 1968
Intel is focused on bringing together edge compute, 5G connectivity and AI to enable smarter and faster IoT solutions.
The company works alongside industry leaders to prioritise industry standards, whilst also continuously collaborating with ecosystem partners to bring ready-to-deploy solutions that accelerate insights, optimise investments and protect data.
The company’s solutions can be used in a range of industries such as retail and healthcare, where Intel offers a number of IoT solutions for telehealth, medical imaging and diagnostics to enable better patient outcomes.
4. Siemens
CEO: Roland Busch
Headquarters: Germany
Founded: 1847
Siemens offers a comprehensive portfolio of IoT solutions to meet a range of organisations’ needs, including smart building and Industrial IoT.
For instance, Siemens’ Insights Hub drives smart manufacturing through the industrial Internet of Things (IIoT), which enables users to gain actionable insights with asset and operational data, thereby working to improve their processes.
Meanwhile, the company’s smart building IoT solutions improve the operational efficiency of buildings, enhancing occupant wellbeing and increasing staff productivity, as well as optimising space and asset utilisation.
3. Cisco
CEO: Chuck Robbins
Headquarters: US
Founded: 1984
Offering an unparalleled end-to-end IoT architecture, Cisco’s IoT products and solutions are designed to help enterprises connect and monitor IoT devices, secure and automate OT operations and compute and manage data.
Specifically, its end-to-end IoT solutions can be leveraged to drive results in a number of industries, from manufacturing and utilities to smart cities. Customers such as Audi have used Cisco solutions to transform their operations and enhance efficiency and sustainability with new sensors, smart devices and smart processes.
2. AWS
CEO: Matt Garman
Headquarters: US
Founded: 2006
AWS offers IoT services and solutions to connect and manage billions of devices, for industrial, consumer, commercial and automotive workloads.
From optimising industrial operations to reinventing smart buildings and cities, AWSâ IoT offering enables organisations to accelerate innovation with the most complete set of IoT services. From secure device connectivity to management, storage, and analytics, AWS IoT has the broad and deep services needed to build complete solutions.
With AWS device data can be secured with preventative mechanisms, like encryption and access control, and users can consistently audit and monitor configurations with AWS IoT Device Defender.
Its IoT offering has been utilised by companies such as Volkswagen Group, which uses AWS IoT to increase plant efficiency and uptime, improve production flexibility and increase vehicle quality.
1. Microsoft
CEO: Satya Nadella
Headquarters: US
Founded: 1975
With the largest ecosystem in the industry, Microsoftâs Azure IoT network benefits from thousands of partners to deploy hundreds of proven, repeatable solutions.
Its best-in-class tools enable organisations to quickly connect and monitor billions of devices on a fully managed IoT platform to innovate faster and reduce the burden of managing infrastructure.
Microsoft offers a range of IoT solutions. Its Azure IoT Hub provides a cloud-hosted solution back end to connect virtually any device. Extend your solution from the cloud to the edge with per-device authentication, built-in device management, and scaled provisioning.
Likewise, Azure IoT Operations has been proposed to enable organisations to capture asset data, process it at the edge and send it to the cloud with Azure Arcâenabled services.
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