Register now for 5G Summit 2018 at : https://5gsummit2018.com/register/
IoT (Internet of things) has become one of the most advanced technological approaches today with its expected growth of over 26 billion connected devices by 2020, according to Gartner. IoT will affect some of the greatest automation products by that time. Automation in home, industries, and in offices will become a major growth 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 (owned by Google)
Nest was recently associated 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 environments and requirements and operate accordingly.
New-York-based Quirky is an innovative company that designs, manufactures, and supplies smart devices that can think on behalf of the users. The innovative thing about Quirky is that you can submit your own ideas for creating some of the innovative products. Founded in 2009, the firm receive its initial funding of 6 million in 2010. In 2012, the company received 68 million funding from Andreessen Horowitz and Kleiner Perkins Caufield & Byers. They have created home automation products that learn based on your usage of them.
Already established Philips is a multi-billion dollar Dutch company manufacturing a lot of electronic items, such as LED light bulbs. 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 workout exercises. 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 constantly monitor the workouts you do to keep yourself in shape.
Washington DC-based SmartThings is a technology innovations company that makes 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.
ARM is known far and wide as the key manufacturer of smartphone processor architectures. The high-end architectures created 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 various devices 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.
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.
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.
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.
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.