The top 25 startups are concentrating on how to make IoT a growth catalyst for enterprises by designing in AI integration at the platform level. Each of these startups is taking a unique approach to solving some of the enterprises’ most challenging problems, and in so doing creating valuable new patents that further fuel IoT adoption and growth. The most successful IoT startups selling into enterprises excel at orchestrating analytics, artificial intelligence (AI), and real-time monitoring to deliver exceptional customer experiences.Īs a group, these top 25 IoT startups are showing early potential at enabling profitable new business models, revitalising industries that have experienced single single-digit growth recently. By 2020, 50% of IoT spending will be driven by discrete manufacturing, transportation and logistics, and utilities according to the Boston Consulting Group.
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