IoT (Internet of things) has
become one of the most latest & innovative technological approaches today
with its expected rapidly growth of over 26 billion connected devices by 2020,
according to Gartner. IoT will positive affect some of the greatest automation
products by that time. Automation in home, industries, and in offices will
become a major boosting area for the startups as well as established companies.
Let's look at some of the most innovative IoT companies we have today, and see
how they will pave way to a better tomorrow.
1. Nest Labs
Nest was recently acquired by Google due to its strong presence in the home automation space. Nest is a home automation products company based in Palo Alto, California, where Google itself is headquartered. Nest produces sensor-driven self-learning thermostats and smoke detectors. These devices are AI-ready, which means they can learn your atmosphere and requirements and operate accordingly.
2. Quirky
New-York-based Quirky is a
modern company that patterns, deploy, and provider’s smart hardware that can
think on behalf of the users. The innovative thing about Quirky is that you can
share your own creative ideas for innovating some of the products. Founded in
2009, the agencies receive its initial funding of 6 million in 2010. In 2012,
the company collected 68 million funding from Andreessen Horowitz and Kleiner
Perkins Caufield & Byers. They have made home automation products that
learn based on your usage of them.
Read more - How to Implement IoT Technology in Education Sector
Read more - How to Implement IoT Technology in Education Sector
Already established Philips is
a multi-billion dollar Dutch company manufacturing a lot of electronic items
and most of people aware of reputed brand, such as LED light bulbs and
manufacturing electronic products. One of the recent innovations from Philips
is the Hue lighting system that changes colors based on your needs and moods. Philips
concentrates on electronics, healthcare, and lighting primarily.
We know Jawbone from its Up
fist band that monitors your trainer traits. Jawbone Up has become so popular
and hip that it enjoys a large user base from iPhone and Android users. The
Jawbone product uses the low-range, low-power Bluetooth low energy protocol to always
monitor the workouts you do to keep yourself in shape.
5. SmartThings
Washington DC-based SmartThings is a technology innovations company that creates home automation hubs base on cloud computing platforms for Android, Windows Phone, and iOS users. You can use the SmartThings hub to connect and monitor various devices in your home using just your smartphone remotely.
6. ARM
ARM is known far and wide as
the critical manufacturer of smartphone processor architectures. The high-end
architectures developed by ARM is the basis of most of the smartphone
processors that we have today, including Snapdragon and Apple iPhone
processors. ARM is also at the forefront of sensor manufacturing for different handset
and things that can be connected to the IoT sphere.
Atmel is a large manufacturer
of microcontrollers, capacitive touch screens, advanced logical and electronic
circuits, and RF components. These components are integral to each IoT device
and the sensors associated with it.
8. Cisco
Network device manufacturer
Cisco also has a huge presence in the IoT market. Cisco's existing leadership
in the networking hardware market enabled it to capitalize on the IoT market at
the right time. Also, the successful implementation of IoT requires highly
robust network infrastructure, which is Cisco's strong point.
9. Intel
In the semiconductor market,
Intel is the ultimate provider. This expertise has helped Intel to secure top
spot in the semiconductor market for IoT. Semiconductors form an integral part
of every electronic device. As a result, a leading semiconductor manufacturer
is required for successful implementation of IoT.
10. Microsoft
Beyond Google, IBM, Oracle, and SAP, Microsoft has secured one of the very top spots for the software development in the IoT domain. Based on web analytics rankings, Microsoft is the number two company in IoT domain with software as its primary strength.
Conclusion
IoT is a strong area of
development and growth, with huge number of opportunities for strong players
who make their entry on time. This is the reason why capitalizing on the IoT
domain will help companies achieve huge growth potential in the coming years.
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