Following the first two waves—fixed internet and mobile web—the third wave of the disruptive technology, Internet of Things (IoT), has unleashed a tsunami of innovation, opportunities, and associated benefits. The extensive features of IoT excite business leaders as this ecosystem of interconnected devices has the potential to disrupt industries from healthcare to hospitality, e-commerce to education. Along with benefits of higher efficiency, energy conservation, remote monitoring, heightened communications, and increased productivity, IoT is also an area of high profitability. Cheaper sensors and cheaper processing, complimented by the ubiquity of mobile devices, have accelerated the IoT wave that businesses are leveraging to derive efficient logistics and improved communication, to state a few.
However, the lack of standardization and the persistent issue of privacy and security of data are impediments core to the hesitancy engulfing IoT adoption. Nonetheless, the hype of IoT has stimulated a large number of solution providers creating a healthy competition in an arena where monopoly is far beyond the horizon. These solution providers are helping businesses effortlessly ride the IoT wave, by innovatively catering to the generic challenges within IoT.
The current edition of APAC CIO Outlook presents “Top 25 IoT Solution Providers of 2017” that are helping businesses adopt the IoT technology trends. The organizations featured are some of the most prominent ones in the industry, chosen on the basis of their comprehensive range of offerings, infusing cost-effectiveness and inducing operational efficiency. The aim of this proposed list is to help SMEs and corporations find a befitting IoT solution provider that helps to devise sensor-driven strategies and to achieve desired business outcomes.