Internet of Things has experienced tremendous technological advancement with a proliferation of new sophisticated devices. This will, however, be an impossible feat to achieve without the diligence and innovation of some of the IoT companies in China, America, and other parts of the world. These organizations spend billions of dollars on research and development and it is only right that they cement their place as one of the top 10 IoT companies in the industry.
It is then, not surprising to find out that the top 10 IoT companies will generate over $300 billion in revenue between now and 2021. A research company, Gartner, also predicted that the devices deployed using IoT solutions will range from 25 to 200 billion globally. IoT companies in China, then, have work to do in order to adequately cater for the needs of the people. Here is a list of the top 10 IoT companies to look out.
Top 10 IoT Companies with Data
In 2014, Google made a very bold entrance into the IoT market. With 3.2 billion dollars, they bought Nest, a smart thermostat producer and entrenched their position as one of the top 10 IoT companies in the world.
They went further and launched Android Things, an app which allowed developers create connected devices with the help of Google services. Several IoT companies in China aim to exploit this opportunity to create other promising IoT solutions.
AT&T
Call them a telecom providing service and you won’t be wrong, however, this company aims to remain one of the top 10 IoT companies for a long time. They developed M2X, a cloud-based data storage service which facilitates the process of developing personalized IoT apps.
This company is also finding relevance in the transportation sector, aiding with roadside assistance, internet radio, and weather forecasts. Their goal of connecting 10 million vehicles before the end of 2017 was smashed even before the end of the third quarter. This shows their commitment and dedication.Top 10 IoT Companies with Innovation
GE
Thomas Edison, the founder of General Electric, had no inkling that his company which initially focused on Electrical engineering systems, will go on to become one of the top 10 IoT companies in the world. They currently have an IoT platform known as Predix Cloud and it is very useful in solving problems related to industrial data and analytics.
They also recently acquired ServiceMax for almost a billion dollars in order to expand their reach. IoT companies in China stand to benefit a lot if their promised scalability pans out.
Oracle
The goal of Internet of Things is to connect devices, facilitating the transmission and reception of data in real-time. This is exactly what Oracle is out to do by allowing users connect to the cloud, collate important data, and utilize them in enterprise applications.
They have also expanded their IoT reach, offering four novel cloud solutions which give businesses the opportunity to enjoy the advantages of automated supply chains. This ultimately helps with inherent logistics issues.
Top 10 IoT Companies with Innovation
Microsoft
One of their widely utilized product is the Microsoft Azure Suite, a platform where users can connect, manage, and obtain an analysis of their IoT data. As one of the top 10 IoT companies with an emphasis on scalability, they now offer remote monitoring and predictive maintenance solutions. The company also recently established a third Internet of Things Lab, exciting news for IoT companies in China.
IBM
Watson, the multi-talented platform with vast capabilities, gives IoT companies in China a lot of leverage. They recently partnered with AT&T in order to join resources and engender better developer, cloud, and analytics service.
Top 10 IoT Companies with Infrastructure
Amazon
This company has a dedicated web service solution with one of the largest cloud platforms which connect IoT devices to other cloud-based applications. They became one of the top 10 IoT companies as a result of the several platforms they provide which includes AWS Lambda, Amazon Machine Learning, Amazon s3, Amazon Kinesis, etc. IoT companies in China are enjoined to utilize some of their free tools in order to engender profits and productivity.
Top 10 IoT Companies in China, America, and the World at Large
Cisco
Before now, Cisco was known primarily as a leading IT and networking company. However, 2016 saw this company rebrand and place more emphasis on Internet of Things. They have put in work over time and now, the company is one of the top 10 IoT companies around.
Their IoT solutions abound. With impact in the oil, gas, rail, connected factories, aviation, and maritime sector, this company is headed for the sky. They also have an ongoing partnership with IBM’s Watson; a merger of two prominent business analytics solutions.
Top 10 IoT Companies with Variety
Intel
Intel is one of the top 10 IoT companies which continually strives to innovate and stay ahead of the game. They invested heavily ($2.64 billion) in their IoT segment and it went on to become the company’s fastest burgeoning segment.
IoT companies also stand to gain from the recently completed computer module; Joule. This device finds application in a variety of spheres which span robotics, Virtual Reality, and Unmanned Ariel Vehicles.
Samsung
This company is bold! They know what they want and go for it on all fronts. They announced that they will incur up to $1.2 billion in expenses by 2020 on research and development. This is the perfect move for any organization with the hopes of being one of the top 10 IoT companies.
Already, plans are underway as regards the production of ARM chips, a tool which will greatly improve the business of IoT companies in China. They are also working tirelessly to develop APIs which will give Samsung applications the ability to connect to any IoT platform.
Conclusion
The market for Internet of Things has exploded, creating a demand for unique solutions, thereby allowing the emergence of even more IoT companies in China. Optimal design, functionality, and innovative systems are the attributes of products being delivered by the top 10 IoT companies, does it meet your needs?
