E-commerce
Major Publicly Listed Companies Selling IoT Services or Products
Major Publicly Listed Companies Selling IoT Services or Products
The Internet of Things (IoT) is transforming the way businesses operate, making products and services smarter and more interconnected. This trend is particularly evident among publicly listed companies, which are increasingly focusing on offering IoT solutions and products. Below, we explore a list of top IoT service providers, their offerings, and the growing competition in this space.
Top IoT Services Providers List:
Cisco: "Internet of Everything" IBM: "Smarter Planet" GE: "Industrial Internet" Honeywell: Connected Thermostats and Building Automation Philips: Hue Lighting Oracle: Java ME Platform Google: Android as the heart of many IoT devices Apple: Nest and other smart home products Samsung: Smart Watches and More Monsanto: Acquired the Weather Channel for Connecting Farms John Deere: Connected Tractors Caterpillar: Connected MachinesThese companies have publicly announced their plans to integrate IoT technology into their product portfolios. Their efforts span a wide range of industries, from consumer electronics to industrial machinery, indicating the widespread acceptance and adoption of IoT.
The Competitive Landscape
The list of IoT service providers is long and growing. Every major company is seeking opportunities to leverage IoT technology. This shift is driven by the potential to either innovate or exploit market trends associated with the growing buzz around IoT. While some companies are pursuing vertical-specific IoT solutions, others are looking to capture horizontal opportunities like industrial IoT, smart home devices, and wearables.
The Backbone of IoT
For companies like Cisco, IBM, and GE, IoT presents a chance to expand their back-end infrastructure. These firms offer capabilities like routers, analytics, and software that enable seamless device connectivity. For Apple, Samsung, and Google, IoT is an opportunity to innovate and introduce new products, leveraging their existing user base.
Business Model Disruption
The rise of IoT is also causing some business model disruptions in traditional sectors such as security, cable, and retail. Security companies like ADT are successfully implementing IoT solutions (e.g., ADT's Pulse program), while retailers are exploring ways to reduce store closures by integrating IoT technology into their operations.
Pure Play IoT Companies
While there are some pure play IoT companies, most of these firms are too small to be publicly listed. Companies such as Arrayent, Xively, Zonoff, and iControl are working with manufacturers and retailers to prepare them for the connected world.
Investment Opportunities
There are a few publicly listed companies that can be considered for investment:
Control4 Corporation: A leading player in home automation solutions attracting new attention. Digi International Inc.: Known for low-volume IoT connectivity solutions, Digi benefits significantly from the IoT momentum.Companies like Nest, Revolutionary, and weMonitor are building innovative IoT platforms for residential energy management. These companies are likely to be major players in the future, driving new behaviors in the energy market.
The Future of IoT: Healthcare
One of the hottest opportunities in IoT is its potential in healthcare. As the U.S. population ages and healthcare costs rise, there is a significant need for cheap and reliable at-home monitoring systems.
Healthcare providers are looking to reduce hospital stays and improve patient care by implementing IoT-based home monitoring systems. While there are existing solutions for this, the magic bullet has yet to be discovered. As IoT technology continues to evolve, companies that can address this need are likely to benefit significantly.
Investors interested in the IoT space should keep an eye on companies that are developing innovative healthcare solutions. Major healthcare players like Kaiser Permanente and others may develop solutions that could drive significant value for investors.
Investment involves risk. Prospective investors should conduct thorough research and seek professional advice to make informed decisions.