20 Most Promising IOT (Internet of Things)Companies 2015

While sharing her insights about IoT, Simona Jankowski, a Senior Equity Research Analyst at Goldman Sachs Global Investment Research accentuated IoT as the next iteration of the internet. The fixed Internet that propelled from 1990s connected the world which was later expanded in 2000s by mobility solutions. Being the third wave of internet, IoT has made repercussions across business spectrum.  It helped companies to generate revenue and save costs. Cisco recognizes three major reasons for IoT market gaining momentum. First, growth in analytics and cloud computing, which led to increase in interconnectivity of machines and personal smart devices. Third being the proliferation of applications connecting supply chains, partners and customers. In the midst of positive outcomes, IoT couldn’t cut loose of challenges. Need for security and privacy are on the leading edge of IoT. Both are inevitable risks of fixed internet, which got mightier with the emergence of IoT. Concerns surrounding IoT includes storage infrastructure and bandwidth. As the data become more prevalent the impact is equally distributed as well as the focus drives to the issue on how business can implement the solutions in a cost effective manner. IoT brings with it tremendous amounts of complexity and the existing data center WAN links are sized for the moderate-bandwidth requirements. IoT promises to dramatically change these patterns by transferring massive amounts of data to the data center for processing. We present to you the top “20 most promising IoT companies” which aids their clients to adopt IoT faster and prep up internal infrastructure to exist compatible enough. A distinguished panel comprising of CEO’s, CIO’s, industry analysts and CIOReview editorial team scrutinized various companies before finalizing the Top 20 names.

We present to you CIOTechOutlook 20 Most Promising IOT (Internet of Things)Companies 2015.