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The Top 10 Best IoT Companies to Watch in 2021

The Internet of Things (IoT) industry has been rapidly growing over the past few years and is expected to continue its growth trajectory in the coming years. With an estimated market value of $1.6 trillion by 2025, it’s no surprise that many companies are jumping on the IoT bandwagon. But with so many players in the game, it can be overwhelming to determine which companies are truly leading the pack. In this blog post, we will take a closer look at the top 10 best IoT companies that you should keep an eye on in 2021.

Overview of IoT industry

Before diving into the top companies, let’s first understand what the IoT industry encompasses. Simply put, IoT refers to the interconnection of physical devices through the internet, allowing them to collect and exchange data. This technology has been revolutionizing various industries, from healthcare and agriculture to manufacturing and transportation.

According to a report by Grand View Research, the global IoT market size was valued at USD 250.72 billion in 2019 and is expected to reach USD 1.463 trillion by 2027, growing at a CAGR of 24.9%. This significant growth is driven by factors such as the increasing adoption of cloud computing, advancements in artificial intelligence and machine learning, and the rising demand for automation and smart devices.

Criteria for selecting top companies

The Top 10 Best IoT Companies to Watch in 2021

In choosing the best IoT companies, we have considered the following criteria:

  • Innovation: These companies must be pushing the boundaries and introducing groundbreaking solutions in the IoT space.
  • Industry recognition: We have taken into account the recognition and awards received by these companies from reputable sources.
  • Market share and revenue: The market share and revenue generated by these companies are important indicators of their success in the IoT industry.
  • Customer satisfaction: Companies that prioritize customer satisfaction and have a strong reputation for excellent service have been given priority in our selection.

Now, let’s dive into the top 10 best IoT companies to watch in 2021.

Company 1: Amazon Web Services (AWS)

The Top 10 Best IoT Companies to Watch in 2021

Amazon Web Services (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments. It was one of the first major players in the cloud computing space and has since become a leading provider of IoT solutions.

Overview

AWS offers a comprehensive range of IoT services, including data management, security, analytics, and machine learning. Their IoT platform enables businesses to connect their devices to the cloud, securely collect and analyze data, and take action on that data in real-time. This makes it an attractive choice for companies looking to incorporate IoT into their operations.

Why it’s a top IoT company

AWS has solidified its position as a top IoT company due to its continuous innovation and market dominance. In fact, according to Synergy Research Group, AWS holds a 33% share of the global cloud infrastructure services market, making it the clear leader in the industry. Its IoT services have also received recognition from Gartner, Forrester, and other reputable sources, further cementing its position as a top player in the IoT space.

Additionally, AWS boasts a large and satisfied customer base, including big names such as GE, Samsung, and Netflix. Its dedication to providing excellent customer service and continuous improvements to its platform have made it a favorite among businesses looking to leverage IoT technology.

Company 2: Microsoft Azure

Microsoft Azure is a cloud computing service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers. Along with its wide range of cloud services, Azure also offers robust IoT solutions for businesses of all sizes.

Overview

Azure IoT is a comprehensive platform that provides end-to-end solutions for IoT devices, telemetry data ingestion, and analytics. It also offers a variety of tools and services such as Azure IoT Hub, Azure IoT Edge, and Azure Sphere to help businesses manage their IoT ecosystem. With the added advantage of integration with other Microsoft products, Azure IoT has become a popular choice among enterprises.

Why it’s a top IoT company

Microsoft is no stranger to innovation, and its Azure IoT platform is a testament to that. With unique features like Device Twins and Digital Twins, Azure IoT is constantly pushing the boundaries of what is possible in the IoT space. This has resulted in numerous awards and recognitions, including being named a Leader in the 2020 Gartner Magic Quadrant for Industrial IoT Platforms.

Azure also boasts an impressive portfolio of clients, from large corporations to small startups, who have all benefitted from its IoT solutions. The platform’s scalability and reliability have made it a preferred choice for companies looking to scale their IoT operations seamlessly.

Company 3: Google Cloud IoT

Google Cloud IoT is a suite of tools and services that enable enterprises to connect, process, store, and analyze IoT data at scale. It offers a variety of solutions such as Google Cloud IoT Core and Google Cloud IoT Edge to help businesses build and manage their IoT infrastructure.

Overview

Google Cloud IoT provides a robust and secure platform for managing IoT devices and their data. Its services are built on top of Google’s global network, ensuring low latency and high scalability. With features like AI-powered anomaly detection, predictive maintenance, and real-time analytics, Google Cloud IoT equips businesses with powerful insights to optimize their operations.

Why it’s a top IoT company

Google Cloud IoT has been recognized by leading industry analysts such as Gartner and Forrester for its excellent performance and innovative offerings. Its reliable and scalable infrastructure, combined with cutting-edge technology, has made it a top choice for businesses across industries. Google Cloud IoT also boasts an impressive list of clients, including Logitech and Colgate, who have benefited from its solutions.

Company 4: IBM Watson IoT

IBM Watson IoT is a comprehensive platform that offers end-to-end solutions for managing and analyzing IoT data. It leverages IBM’s Watson AI technology to provide real-time insights and predictive analytics, making it a powerful tool for businesses looking to unlock the full potential of their IoT devices.

Overview

IBM Watson IoT provides a range of services, including IBM Watson IoT Platform, IBM Watson IoT Edge, and IBM Maximo Asset Monitor, to help businesses manage their IoT ecosystem. Its services are designed to be highly secure, scalable, and compatible with various devices and protocols, making it a popular choice among enterprises.

Why it’s a top IoT company

IBM has been a leader in the tech industry for decades, and its Watson IoT platform has been no exception. With its powerful AI capabilities and ability to handle massive amounts of data, IBM Watson IoT has received numerous awards and recognition from major industry analysts. Its impressive client list includes companies like Bosch, BMW, and Visa, who have all benefited from its advanced IoT solutions.

Company 5: Cisco IoT

Cisco IoT is a suite of solutions that enable businesses to connect, control, and manage their IoT devices at scale. It provides a variety of tools such as Cisco Kinetic, Cisco Jasper, and Cisco DNA Spaces to help businesses leverage IoT technology for improved operations and customer experiences.

Overview

Cisco IoT offers a unified platform that simplifies the complex process of connecting and managing IoT devices. Its solutions are designed to improve connectivity, provide real-time insights, and facilitate automation to drive business growth. With its focus on security and reliability, Cisco IoT has become a trusted partner for businesses looking to embrace the IoT revolution.

Why it’s a top IoT company

Cisco is a household name in the networking and communications industry, and its IoT solutions have been well received by businesses and experts alike. It has received recognition from Gartner, Forrester, and other reputable sources for its continuous innovation and commitment to customer satisfaction. With a strong global presence and a proven track record, Cisco IoT is a top contender in the IoT space.

Company 6: Intel

Intel is a leading semiconductor company that designs and manufactures advanced computer processors and related technologies. Along with its core business, Intel also offers a range of IoT solutions, including Intel IoT Platform and Intel Edge Software Hub, to help businesses build and manage their connected devices.

Overview

Intel provides a highly secure and scalable platform for managing IoT devices and their data. Its solutions are designed to offer real-time insights, facilitate automation, and enable seamless integration with other platforms and applications. With its focus on edge computing and AI, Intel’s IoT solutions are equipped to handle the increasing demands of the modern world.

Why it’s a top IoT company

Intel’s extensive experience in the technology sector has enabled it to become a major player in the IoT space. Its solutions have received recognition from Gartner, Forrester, and other industry analysts for their performance and innovation. Intel’s partnerships with leading companies such as Microsoft, Google, and Amazon have also helped solidify its position as a top IoT company.

Company 7: Siemens AG

Siemens AG is a German multinational conglomerate that operates in various industries, including energy, healthcare, and transportation. It has also made significant strides in the IoT space with its comprehensive range of solutions, including MindSphere, Teamcenter Quality Management, and Simatic RTLS.

Overview

Siemens offers a wide range of IoT solutions designed to help businesses connect and manage their assets, optimize production processes, and improve overall efficiency. Its services are built on a robust industrial IoT platform, making it a preferred choice for companies in manufacturing and other industries.

Why it’s a top IoT company

Siemens has been at the forefront of innovation in the industrial sector for over 170 years, and its IoT solutions continue to uphold this reputation. Its services have received recognition from Gartner, Forrester, and other industry analysts, making it a top choice for companies looking to implement IoT technology. Siemens also collaborates with leading tech companies such as Microsoft and IBM to provide integrated solutions that cater to business needs effectively.

Company 8: Honeywell

Honeywell is a multinational conglomerate that operates in various industries, including aerospace, building technologies, and performance materials. It also offers a range of IoT solutions through its Honeywell Connected Enterprise division, catering to businesses across different sectors.

Overview

Honeywell provides a comprehensive suite of services under its Connected Enterprise division, including Honeywell Forge, Command & Control Suite, and Sentience. These solutions are designed to enable seamless integration, real-time insights, and optimization of operations for businesses looking to leverage IoT technology.

Why it’s a top IoT company

Honeywell’s expertise in various industries has translated into its IoT solutions, making them highly specialized and effective for specific business needs. Its services have received recognition from Gartner, Forrester, and other reputable sources for their performance and innovation. With its vast global presence and partnerships with major players like Microsoft and Verizon, Honeywell has become a top contender in the IoT space.

Company 9: Dell Technologies

Dell Technologies is a multinational technology company that designs, develops, and sells computer hardware and related services. Along with its core business, Dell also offers a range of IoT solutions, including Dell Edge Gateways, Dell PowerEdge Servers, and Dell EMC Connectrix, to help businesses embrace IoT technology.

Overview

Dell’s IoT solutions are designed to make it easier for businesses to deploy and manage IoT devices. Its services are built on a scalable and secure platform, providing businesses with real-time insights, automation capabilities, and seamless integration with other applications and platforms.

Why it’s a top IoT company

Dell’s reputation as a reliable and innovative tech company has extended to its IoT solutions, making them a popular choice among businesses looking to implement IoT technology. Its services have received recognition from Gartner, Forrester, and other reputable sources for their performance and innovation. With its strong partnerships and dedication to customer satisfaction, Dell Technologies is a top contender in the IoT space.

Company 10: Bosch

Bosch is a multinational engineering and technology company that operates in various industries, including automotive, engineering, and consumer goods. It also offers a range of IoT solutions through its Connected Industry division, catering to businesses across different sectors.

Overview

Bosch provides a comprehensive suite of services under its Connected Industry division, including Bosch IoT Suite, Bosch IoT Insights, and Bosch IoT Hub. These solutions are designed to enable businesses to connect, manage, and analyze their IoT devices and data in a secure and efficient manner.

Why it’s a top IoT company

Bosch’s extensive experience in various industries has translated into its IoT solutions, making them highly effective and specialized for specific business needs. Its services have received recognition from Gartner, Forrester, and other reputable sources for their performance and innovation. With its global presence and strong partnerships with other tech companies such as Microsoft, Bosch has become a top contender in the IoT space.

Conclusion

The IoT industry is constantly evolving, and these 10 companies are at the forefront of driving this transformation. From cloud computing giants like AWS and Microsoft Azure to seasoned tech companies like Intel and Honeywell, each of these top IoT companies offers unique solutions and expertise to help businesses thrive in the digital age.

As we move into 2021, it’s clear that the IoT industry will continue to grow and expand, bringing new opportunities and challenges for businesses. By keeping an eye on these top companies and their innovations, businesses can stay ahead of the curve and unlock the full potential of IoT technology. Whether you’re looking to optimize production processes, improve customer experiences, or gain a competitive edge, these top IoT companies have got you covered.

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