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17 most powerful internet of things companies 2016

Brandon Butler with updates from Christina Mercer | June 24, 2016
Billions of connected devices means billions in revenue for these companies.

This alphabetised list is an unscientific preview of some of the biggest companies attempting to turn the IoT market into a reality. Research firm Gartner predicts IoT will generate $300 billion in revenue by 2020, with estimates of how many connected devices ranging from 25 billion to more than 200 billion.

With the internet of things already making big waves in the UK energy and manufacturing industries it's unsurprising that well-known tech giants have invested in IoT technologies. 

Here are the most powerful internet of things companies 2016.

1. Amazon Web Services

17 most powerful Internet of Things companies: Amazon Web Services

AWS has a variety of platforms, including Amazon Kinesis, Amazon S3, Lambda, Amazon Machine Learning, and Amazon DynamoDB to build IoT applications.

The cloud plays a big part of the Internet of Things, and the biggest infrastructure cloud player out there is Amazon Web Services.

AWS also enables its users to create their own IoT applications that can control IoT sensors data remotely. 

2. AT&T

17 most powerful Internet of Things companies: AT&T

AT&T is making big strides to position itself as the network for the IoT. AT&T has had many partnerships with other companies on this list, including Cisco, GE, IBM and Intel, and is attempting to be the de facto network provider to connect all of these devices. Other telcos like Vodafone, Telefonica and Verizon are looking to tap into this market as well.

AT&T is investing in fleet management, energy management, connected cars and a variety of other industries. 

3. Axeda

17 most powerful Internet of Things companies: Axeda

Axeda, a pure-play Internet of Things and Machine to Machine (M2M) technology company. Its cloud-based software collects and analyses data generated by sensors and devices. Companies use this information to identify usage patterns, provide remote services and more.

4. Bosch

17 most powerful Internet of Things companies: Bosch
Credit: iStock/meinzahn

Last year, Bosch launched an IoT platform, aimed at tackling a broad range of IoT projects. In March 2016, Bosch launched a cloud service to boost its IoT plans and keep up with competitors such as AWS. 

At the ConnectedWorld conference in March,Bosch CEO Volkmar Denner said: "As of today, we offer all the ace cards for the connected world from a single source. The Bosch IoT Cloud is the final piece of the puzzle that completes our software expertise. We are now a full-service provider for connectivity and the internet of things." 

5. Cisco

17 most powerful Internet of Things companies: Cisco

Fundamentally, IoT is about having more devices connected to networks and routing that information so it can be analysed. Cisco hopes to play a big role in facilitating all that through its line of connected grid routers, embedded switches (pictured) and application-centric networking software. Cisco did have somewhat of a hiccup recently with its IoT initiative when its executive heading up those efforts resigned.


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