Over the years, the IoT technology has been growing at a phenomenal pace and has now become a major revenue generator across industries. It is predicted that the revenue generation of IoT in 2020 will be far superior to what facebook, Apple and Google together are selling today. With cheap sensors and cheaper processing, complimented by the ubiquity of mobile devices, the IoT wave has accelerated the businesses to derive efficient logistics, improved communication, enhanced asset utilization, increased safety and security, and escalated productivity, to state a few. Additionally, IoT also holds the potential to disrupt industries from retail to robotics, healthcare to hospitality, and e-commerce to education. With the benefits of higher efficiency, energy conservation, remote monitoring, heightened communications, and increased productivity, IoT is an area of high profitability.
While IoT has seen its fair share of positive criticism, many companies lack what is known as a business case for the implementation of an IoT transformation. Furthermore, the lack of standardization and the persistent issue of privacy and security of data are impediments, core to the hesitancy engulfing IoT adoption. Nonetheless, IoT as an evergreen market has stimulated a large number of solution providers creating a healthy competition and with new players, business models, approaches, and solutions. These solution providers are helping businesses ride the IoT wave, by innovatively catering to the challenges within the ‘IoT’ domain.
This edition of CIO Applications presents “Top 25 IoT Solution Providers of - 2017”. The organizations featured are chosen on the basis of their comprehensive range of offerings, their efficiency in delivering satiable services, and their exceptional contributions to the IoT space. The aim of this proposed list is to help enterprises find a befitting IoT solution provider that can devise strategies and enable the enterprises achieve their desired business outcome.
