Internet Of Things Startups Pushing The Limits Of Innovation

These young companies are making the hardware and software enabling tomorrow's connected devices and systems.

Cynthia Harvey

February 23, 2016

10 Slides

The Internet of Things (IoT) is clearly one of the fastest-growing areas in the technology industry. According to the latest forecast from IDC, IoT spending will likely grow from $698.6 billion last year to nearly $1.3 trillion in 2019, for a compound annual growth rate of 17%.

In its State of the Market: The Internet of Things 2015 report, Verizon estimated that only about 10% of enterprises have adopted IoT extensively so far. But it predicts that by 2025, enterprises that do adopt IoT extensively will be at least 10% more profitable than their competitors.

Literally hundreds of startups are competing to offer the products and services that will help define and shape this young market. In this slideshow, we focus on nine that offer the hardware and software that will enable manufacturers and enterprises to create connected devices. Several of these companies are building out wireless networks using a variety of technologies that are vying to become the standard for the Internet of Things. Others offer tools and kits for creating IoT devices, software for developing IoT applications, and even wireless charging capabilities. All are noteworthy for their innovative offerings that could gain widespread popularity in coming years.

To learn more about IoT and its impact on IT, attend the Internet of Things Summit at Interop Las Vegas this spring. Don't miss out! Register now for Interop, May 2-6, and receive $200 off.

(Image: DrAfter123/iStockphoto)

About the Author(s)

Cynthia Harvey

WRITER EDITOR

Cynthia Harvey is a freelance writer and editor based in the Detroit area. She has been covering the technology industry for more than fifteen years.

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