The conversation about the Internet of Things (IoT) is rapidly gaining coverage worldwide. But if you are new to this term, we shall bring you up to date on what is IoT. The internet of things simply refers to the network of actual devices embedded with connectivity, software and sensors that enable these devices to gather and share data. IoT devices help to make life safer, simpler and more productive. It is for this reason that we see a sudden emergence of IoT star-ups. In this post, we share some of the top IoT companies. For these companies, billions of IoT devices translate to huge amounts of revenues.

1. SAP

SAP has a platform that enables its customers to get real-time insights using the data gathered from the connected sensors. It also permits third persons to come up with IoT applications through open APIs. SAP recently launched Leonardo which is an IoT platform that provides customers with an opportunity to keep track of data collected from the connected sensors. Leonardo was in June 2018 expanded to a digital innovation system allowing clients to gain insights faster.

2. General Electric (GE)

GE is a huge American manufacturing company and in 2015 it came up with a new branch called the Generic Electric Digital to concentrate on various aspects of IoT. They have a software platform called Predix that combines data that has been machine generated together with traditional and cloud databases. The company has IoT products for Grid IQ solutions, hospital operations management and fuel optimization. GE joined forces with Accenture and came up with Taleris. This IoT product diagnoses aircraft maintenance problems and predicts them beforehand. This, for example, helps vehicles to be fit for use and work as expected.

3. R-Style Lab

This company develops the whole software system needed for IoT solutions. This includes low-level applications, wearable, mobile and web. It, therefore, serves as the only point of contact IoT service provider for enterprises that work on data-driven reality. Some of the IoT solutions provided by R-Style Lab include Healthcare and fitness IoT apps, Software for wearables and Smart home IoT solutions.

4. Bosch

It is established in making micro- electromagnetic sensors (MEMS). Bosch sensors are mostly in homes. In 2016 a cloud service was launched by the company to enhance IoT plans and have an edge for itself as compared to its customers.

5. DHL

DHL is a German- based company and got into IoT business in 2017 with several pilots spread across various sites in the world. They have an application that enables IoT product transfer data across a wide spectrum of networks.

You now have a glimpse of what is IoT and how it can be applied at work and at home. The above top IoT companies have majorly focused on the Internet of Things and you can be sure to have more IoT products and devices for various sectors such as agriculture, health, education, security and more.