10 Most Promising IoT Startups to Watch in 2020

by August 2, 2020 0 comments

Internet of Things

Explore the list of top IoT solution providers leading the way in 2020 and beyond.

The development of the internet of things has enabled opportunities for both businesses and individuals to connect their devices and control them with big data. IoT typically encompasses the extension of internet connectivity beyond personal computers and mobile devices. It plays a significant role in a world where everything is connected to the Internet. The recent proliferation of the IoT undeniably has given the rise of smartphones, connected devices and other embedded applications connected to the internet.

Almost every business across every industry is utilizing the internet of things to monitor their business performances as well as advance their existing systems. As this technology is regarded as the significant frontier that can have a substantial impact on almost all aspects of human lives, we have accumulated here the top 10 startups leading the way into the internet of things solutions.

 

Cartesiam

Founded: 2016

Key Executive(s): Francois de Rochebouet, Marc Dupaquier, Michel Rubino

Cartesiam, a software development company, which builds artificial intelligence and adds value to objects by making them smart, intuitive, and self-contained. The company’s patented AI development platform, NanoEdge AI, allows cognitive functions on microcontrollers embedded in connected objects. Cartesiam is a team of mathematicians, engineers, developers, data scientists, marketers, sales, artificial intelligence consultants, connected objects specialists, and above all, entrepreneurs who know the capacities and constraints of companies. In 2019, Cartesiam won the IoT Solutions Awards from the IoT Solutions World Congress.

 

IoTium

Founded: 2015

Key Executive(s): Ron Victor

IoTium is the first secure network infrastructure company for the Industrial Internet of Things (IIoT). Headquartered in Silicon Valley, the IoT startup secures a connection between cloud-based applications, Network as a Service (NaaS), and legacy online systems for IIoT. IoTium’s patented technology enables building and industrial automation, oil & gas, manufacturing, transportation and smart city industries to comprehend the promise of Industry 4.0. The company has raised US$22 million of funds and stimulated their digital transformation through its remote access management infrastructure.

 

CENTRI

Founded: 2010

Key Executive(s): Luis Paris, Vaughan Emery

CENTRI is the provider of a complete, advanced security solution for the Internet of Things (IoT). The company’s flexible, the software-only platform enables thing makers and developers to quickly get to market with purpose-built IoT security to protect their data from chip to Cloud. CENTRI eliminates its customers’ risk of data theft and delivers device integrity with modern, standards-based technologies for the connected world. Using heavyweight industry-standard encryption, CENTRI Protected Sessions is optimized for lightweight devices with data compression and a tiny footprint, delivering both security and efficiency between the endpoint device and the back of the cloud.

 

InfluxData

Founded: 2012

Key Executive(s): Paul Dix, Todd Persen

InfluxData is the developer of InfluxDB, the open-source time-series database. The company’s technology is purpose-built to handle the massive volumes of time-stamped data produced by IoT devices, applications, networks, containers and computers. To derive intelligence faster, it has created Flux, a powerful scripting and query engine designed specifically to harness real-time insights from time-series data. InfluxData helps customers like Cisco, IBM, PayPal, and Tesla to build transformative monitoring, analytics, and IoT applications quicker and to scale, delivering new insights from their data.

 

Inspirit IoT

Founded: 2016

Key Executive(s): Deming Chen, Dr. Kyle Rupnow

Inspirit IoT, Inc., an Intel IoT Solutions Alliance Partner, delivers low-latency, high-throughput vision analytics leveraging standard Intel®FPGA hardware for acceleration with customized Intel®OpenVINO AI deployment. The company’s mission to provide hardware accelerator solutions coupled with advanced high-level synthesis and machine learning optimization toolkit to enable smart IoT applications. Inspirit IoT gives businesses the ability to design their machine learning application using languages and tools data scientists are familiar with, automating the translation to detailed hardware accelerators that give the performance they need.

 

Finite State

Founded: 2017

Key Executive(s): Matt Wyckhouse

Finite State is the pioneer of IoT device intelligence assessing firmware deep inside IoT devices, and providing insight into vulnerabilities on customers network that traditional security approaches overlook. The company’s mission is to safeguard the devices that power modern lives by illuminating the vulnerabilities and threats within their complex software supply chains. It recognizes that supply chain security is the #1 problem in cybersecurity today. Technology from Finite State assists businesses identify their vulnerabilities, quantify their risks, and take preventative actions before hackers compromise their devices.

 

Helium

Founded: 2013

Key Executive(s): Shawn Fanning, Amir Haleem, and Sean Carey

Helium is an IoT developer platform for building the network and transferring IoT device data. The company founded with a mission to make it easier to build connected devices. In order to develop the world’s first peer-to-peer wireless network, Helium has assembled a team with a diverse, yet complementary, skillset within radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies. Its ability to provide wireless coverage for low power IoT devices makes the company unique.

 

FogHorn

Founded: 2014

Key Executive(s): David C. King

FogHorn is an edge intelligence software developer for industrial and commercial IoT application solutions. It offers a unique edge-native AI solution that delivers transformational business results. Its software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. FogHorn’s Lightning™ platform embeds Edge AI locally, at or near the source of streaming sensor data, delivering unprecedented low latency for onsite data processing, real-time analytics, ML and AI capabilities in the smallest compute footprint.

 

Armis Security

Founded: 2015

Key Executive(s): Nadir Izrael, Tomer Schwartz, Yevgeny Dibrov

Armis Security enables enterprises to adopt new connected devices without fear of compromise by cyberattacks. As an agentless IoT security solution, the company discovers devices, tracks behavior, detects threats, and takes action to protect businesses. It provides passive, real-time continuous vulnerability assessment with deepest device behavior insights and tracking. The Armis Threat Detection Engine leverages various threat intelligence feeds, combined with device behavior, to produce highly accurate threat and attack detection in a business environment.

 

Samsara

Founded: 2015

Key Executive(s): John Bicket, Sanjit Biswas

Samsara, an IoT platform, combines hardware, software, and cloud to bring real-time visibility, analytics, and AI to operations. The company’s mission is to surge the efficiency, safety, and sustainability of the operations that power the economy. Samsara serves over 15,000 customers across diverse sizes and industries, ranging from transportation and logistics to field services, food production, energy, construction, local governments, and manufacturing. The company’s growing suite of solutions includes vehicle telematics, driver safety, mobile workflow and compliance, asset tracking, and industrial process controls – all in an integrated, open, real-time platform.

No Comments so far

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.

Your data will be safe!Your e-mail address will not be published. Also other data will not be shared with third person.