What are the 8 Biggest IoT Companies? 

‍Introduction

IoT, or the Internet of Things, is a network of physical objects - “things” - embedded with sensors, software, and other technologies that can access the Internet to connect and exchange data with other devices and systems. You may not realize it, but IoT devices are all around you, such as smart TVs, smart speakers, toys, wearables, and smart appliances. These devices are so prevalent that we forget they were only here a few decades ago. Since then, more companies have jumped into the industry following the rise of the Internet and are now the most successful tech companies in the world.

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1. Intel

Intel has missed the train when other companies are waving at it aboard the smartphone wave. CEO Brian Krzanich has vouched to stay ahead in another race and promised ~50 billion connected devices in the next five years. Today, it is ranked as a top Internet of Things company, now at the forefront of producing new generation low-power chips for connected IoTs.

Intel has an industry-centered approach, and offers dedicated solutions for Healthcare, retail, industries, financial services & banks, education, government, hospitality, smart cities, and transportation. 

Intel is also developing technologies that make computing chips that enhance IoT capabilities for better performance, integration, and versatility of intelligent devices. It offers its very own Deep Learning Kit with OpenVINO, a software that converts and optimizes models trained using popular frameworks like TensorFlow, PyTorch, and Caffe for Intel microchips. OpenVINO is also pushing Computer Vision technology, using deep learning to form neural networks that guide image processing and analysis systems.

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2. Microsoft

Microsoft did make it on the train, but it was too late. The Windows phones now only make up a mere 3% of the market share, so the tech giant swerved in a new direction. If Intel has Intel Inside, Microsoft has three IoT propositions. The Azure platform is the one-stop-shop cloud platform for all connected devices. With the new processing, Microsoft Streaming Analytics extracts meaning from data in real-time. The company has also entered the wearables and health space with Microsoft Band. But it doesn’t end there; they are still continuously experimenting with new industrial IoT applications and will expand further in the future.

Azure IoT Hub, Azure IoT Central, Azure Digital Twins, Azure IoT Edge, and Azure RTOS are all Microsoft initiatives enabling developers of intelligent devices. 

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3. Cisco

Cisco has always been at the heart of the Internet of Things. The company was the one that coined the “Internet of Everything” and s 720 employees who identify with IoT on LinkedIn. The company develops network equipment like routers and switches for enterprise customers, offers security solutions, and hosts IoT World Forums, transportation, and industry efficiency. They have specific expertise when it comes to IoT Security, network connectivity, edge computing, and industrial sensors. Cisco seems particularly keen on improving infrastructures and transportation as well as industry efficiency thanks to their IoT solutions.

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4. Google

Google has always been experimental with technology, which is probably why they’re among the top tech companies. Its IoT run started when the company bought smart home company Nest in 2014. When they were first announced, Google Glass and self-driving cars were among the most anticipated and talked about topics!

Google has also tried an IoT-dedicated Cloud Service in the form of Google Cloud IoT Core, but according to their website, this will be discontinued in August 2023, due to an inability to properly serve customers with specific IoT needs.

But there is a high probability that somewhere down the road, Google will create new IoT initiatives!

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5. IBM

IBM is a well-known global technology company that heavily invests in enterprise application infrastructure and databases for connected devices. IBM offers to extract valuable insights and improve every aspect of the operation with their IoT technology. The company partners with other businesses to showcase IoT in different areas.

Like other actors here, IBM mostly focuses on IoT-optimized Cloud services. As such, the IBM Watson® IoT Platform offers the possibility of accessing live data of connected devices to monitor them in real-time.

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6. Samsung

Aside from being one of the most popular smartphone manufacturers, Samsung puts much effort into developing IoT devices. The brand’s acquisition of the smart home platform, SmartThings, has pushed it to the top IoT companies. Being industry giants, they can develop a whole array of intelligent home devices that all communicate with one another: TVs, computers, projectors, lights, ACs, kitchen appliances, and so on. Obviously, Samsung is also a big player in wearable technology, such as the Galaxy watch.

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7. Apple

Apple created one of the most significant technological ecosystems, ranging from iPhones to Macbooks to other IoT devices that can easily connect and be used with devices from the same system. Apple’s IoT game currently centers around Apple Watch, Apple Homekit, and Apple Healthkit. As the name suggests, the HomeKit framework enables apps to coordinate and control supported smart home accessories. It is used by developers to build IoT solutions that work in the Apple environment. 

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8. SAP

SAP is a German giant in the software market, and they’re betting the Internet of Things will change the market drastically. The company currently has the HANA database, which states that it is the “secret sauce to make the Internet of Things simple”. This is yet another way of selling Cloud Solutions that are optimized for Internet of Things business applications.

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Other big IoT companies

More tech companies are expanding their IoT business, so other big names are looking to race to the top. Firms such as Gartner, Oracle, General Electric, Accenture, Amazon, HP, Blackberry, and Verizon might ring a bell in your head. They have become global enterprises by latching on to technological trends. Dirox is happy to accompany you on your journey to put your name in the race among these tech companies. Don’t hesitate to contact us to learn about the opportunities we offer!

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Conclusion

These companies are ranked based on many factors, including the frequency of Google searches in conjunction with IoT and how often companies get mentioned on Twitter, newspapers, blogs, and more relating to IoT. Companies are also evaluated based on how many employees carry the “Internet of Things” tag on LinkedIn. Of course, the rankings will change as new IoT devices emerge. Still, the organizations mentioned above are undoubtedly among the top companies in the Internet of Things and have significant positive impacts on our daily lives.

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Are you looking for an IOT outsourcing company? Dirox is here to help! Contact us today to learn more about our IOT development capabilities in Vietnam or to hire an outsourced IoT engineer.

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