With the global trend for digital transformation in the industrial sector, it is not surprising at all that the demand for efficient tech solutions among enterprises working in this domain is growing. Today Industrial Internet of Things is among the most promising technologies. Manufacturing, energy, transportation, and other industrial businesses are looking for the most efficient ways to leverage the advancements made in IIoT. But to achieve the desired results, they often need professional support from the side of industrial IoT companies. And here is when they can face the first difficulty. How can you choose a reliable tech partner?
In this article, we are going to mention the most important factors to pay attention to and provide our list of the top industrial IoT companies.
How to make a choice: Main criteria for analyzing industrial IoT companies
Selecting the best IIoT companies requires evaluating several key criteria that can demonstrate their reliability in delivering IIoT solutions. Here are the main points that you can use to assess such companies.
- Innovation. It’s vital to consider how companies work with the most cutting-edge technologies, like AI, ML, and edge computing. You can take a look at the companies’ portfolios to see what technologies they use to address their clients’ business needs.
- Industry specialization. Define whether companies under consideration can prove expertise in your specific industry. Teams with domain knowledge are often better able to deal with unique sector challenges.
- Security and compliance standards. Leading IIoT companies should implement robust security practices. That’s why you need to check whether your potential tech partner does it. Today end-to-end encryption, access controls, as well as regular security audits are considered to be among the most efficient measures. Moreover, it’s vital to find out whether a company is certified by any international information security management system. For example, the ISO/IEC 27001 certification can be good proof of a team’s commitment to security and industry best practices.
- Engagement models and terms of cooperation. Before making a final decision regarding collaboration with any of the IIoT companies, you need to analyze the offered financial terms and business models. It should be comfortable for you to work with your tech partner. As a rule, reliable agencies provide very flexible terms. This makes it possible for everyone to find an option that will meet their requirements.
- Reputation. It will be a good idea to check the companies’ ratings and their clients’ reviews. To do it, you can use such professional listing platforms as GoodFirms and Clutch. Thanks to these websites you can not only get comprehensive info about your potential tech partner but also find out what issues (if any) you can face during collaboration.
Industrial Internet of Things companies that you should pay attention to
The competition among IIoT companies is continuously growing. That’s why they need to do their best to stay out from their rivals with similar offers. We have analyzed the market and defined the following top industrial IoT companies.
Cogniteq
Location: Poland, Lithuania, United States
Founded in: 2005
The company has been operating for more than 15 years and delivered over 300 successfully realized projects to clients from various industries. While Cogniteq works with different technologies and business domains, the Industrial Internet of Things is one of its focus areas.
The company’s team which currently includes over 120 experts can provide end-to-end support from concept and planning to deployment and post-launch maintenance of innovative IIoT solutions.
While Cogniteq is known as one of the best industrial IoT software companies, it can also offer consulting and hardware engineering services. It means that the team can help its customers at absolutely every step of product creation. Today, its portfolio includes a wide range of IIoT solutions: from simple apps to complex enterprise systems. Cogniteq places a strong emphasis on product security, as demonstrated by its ISO certification.
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At Cogniteq, we can always help you. We will thoroughly study your business needs and find the most efficient solution.
Optimo IoT
Location: Italy
Founded in: 2019
Though the company started its business journey only in 2019, it has already managed to become a strong player in the IIoT market. The Optimo IoT team can develop advanced industrial IoT systems with stable performance and user-friendly interfaces. The company’s solutions can be powered by cutting-edge data analysis features and seamless third-party product integrations.
Optimo IoT offers its help in building custom IIoT systems tailored to the needs of different enterprises and organizations. But also it can provide some ready-to-use options. For example, businesses can leverage the benefits of the available Optimo IoT Plug & Play monitoring and remote control kit.
OCTOBUS
Location: Thailand
Founded in: 2020
OCTOBUS provides SMEs with the possibility to use its IIoT platform to gather, monitor, and analyze their business data. The platform can collect data from controllers and commercial sensors built by different hardware manufacturers. This makes this solution quite flexible and convenient to use. Controllers can be smoothly connected to OCTOBUS in less than an hour. And to synchronize smart sensors with the platform, it will be enough just to use your API access data.
The range of key features includes dynamic dashboards, geo-fencing, statistical aggregation, rule-based alerts, as well as data export, import, and scheduled reporting. The provided solutions can be deployed both on-premises and in the cloud.
Sensyrtech
Location: United States
Founded in: 2020
Sensyrtech positions itself as a unified platform for IIoT. It can provide turnkey solutions for managing different types of industrial operations. Its core set of products is represented by solutions for asset tracking, remote monitoring, condition monitoring, and smart maintenance.
Sensyrtech’s technology is applied across various domains and industries, such as Oil & Gas, manufacturing, powder coating, and facility management. The list of the company’s prominent customers includes Saudi Aramco and Texas-based Precision Glass Industries.
Memfault
Location: United States
Founded in: 2018
Among the most reliable IIoT companies, Memfault is also worth mentioning. It is an embedded observability platform that allows engineers to create robust devices with software at scale.
The company’s managers strongly believe that their solution can fully change the way developers build and manage edge and IoT devices. At their previous jobs, Memfault’s founders noticed that the hardware debugging process can take too much time and effort. That’s why they decided to offer something that could fully change the game. They managed to create a cloud-based software delivery and performance monitoring infrastructure. In 2018, they launched Memfault, a platform that allows hardware engineers to be as productive as software developers. The platform offers such features as performance tracking, device debugging, product analytics, log management, and OTA updates.
GE Digital
Location: United States
Founded in: 2015
GE Digital delivers software that can accelerate electrification and decarbonization across the energy ecosystem. The company offers its customers to change the way they work with their data. This data can become a powerful tool in addressing their most serious challenges. By making the processes within the energy ecosystem more efficient and intelligent, it is possible to increase the sustainability and affordability of energy for everyone.
The company’s software can power electric utilities, energy generation, Oil & Gas, aviation, and manufacturing.
GE Digital officially cooperates with Amazon Web Services and helps industrial organizations leverage the benefits of cloud technologies at their facilities.
Augury
Location: United States, Israel
Founded in: 2011
Augury builds end-to-end AI-powered solutions for manufacturing enterprises. Its products are trained by the world’s largest data library and industry experts. Thanks to that they can deliver valuable insights into machines, processes, and operations.
With Augury’s purpose-built AI solutions, enterprises can take care of their production health and achieve new levels of efficiency. Augury helps companies eliminate unnecessary downtime, optimize asset management, maximize yield and capacity, reduce waste and emissions, as well as reorganize the work of their teams. Over 100 global manufacturers have already implemented Augury’s solutions. PepsiCo Labs, Mondelēz International, Colgate-Palmolive, Sanofi, and The Tata Group are among them.
Xage Security
Location: United States, Israel
Founded in: 2017
On our list of Industrial IoT companies, there is also Xage. It is a global leader in zero trust access and protection. Its solutions can be implemented across various workloads, devices, and applications. They help to simplify access to critical assets and prevent advanced cyberattacks. The company provides a unified platform that is easy to deploy and use, which makes it possible for its customers to smoothly roll Xage out just within days.
Xage allows enterprises to enable strong protection across their entire ecosystems. Even when devices are offline granular access control can be still in force. Remote access to any device in the system can be enabled without the use of VPN or firewall rules. Moreover, the provided solutions do not depend on the internet connectivity. It means that they will stay operational regardless of external conditions.
Xage Security has been supported by leading venture investors, including Saudi Aramco Energy Ventures, Chevron, and GE Ventures.
Telit
Location: United States
Founded in: 1986
The company’s team can boast more than 30 years of experience in IoT innovation and thousands of successful IoT solutions worldwide. The provided technology allows businesses to efficiently manage their IoT devices, connectivity, and all the components included in the IoT ecosystem.
By opting for Telit’s IoT platforms, enterprises can avoid the step of building an infrastructure and focus on building their solutions. Such solutions can be smoothly connected to various devices and systems. Moreover, Telit allows companies to incorporate the latest AI and ML-driven features, such as object recognition and visual inspection.
Adaptiv Systems
Location: Netherlands
Founded in: 2019
The company creates customized industrial IoT ecosystems to be applied across various industrial sectors. The team works with both hardware and software components and relies on AI-driven data analysis in its solutions to achieve the highest results. The company’s products incorporate video sensors. They help to monitor environments, as well as ensure safety and compliance in industrial settings.
For example, its Smart Vision devices can detect abnormal events and autonomously send instant alerts. Smart Logging technology is used for tracking service quality. Smart Trace can be enriched with different sensors to track foot traffic, CO2 levels, temperature changes, etc.
IIoT market trends to watch out for
The IIoT market is rapidly evolving. The ongoing and expected trends clearly reflect advancements in technology, a shift in industry priorities, as well as an increasing focus on sustainability and operational efficiency.
What are the key trends that shape the future of the IIoT market?
- Growth of edge computing. Edge computing enables data to be processed closer to its source. This helps to reduce latency and allows companies to streamline the decision-making process. Moreover, processing data at the edge decreases the dependency on cloud services, lowers costs, and enhances data security.
- AI and ML integration. These emerging technologies greatly expand the range of IIoT solutions that can be implemented. For example, AI-driven analytics tools enable predictive maintenance. At the same time, machine learning models can be used to detect anomalies in manufacturing processes, strengthen quality control, and improve operational efficiency.
- 5G connectivity. 5G facilitates high-speed data transfer with low latency. As a result, businesses can introduce highly efficient real-time IIoT applications. This connectivity standard is used in such solutions as autonomous vehicles, smart cities, and remote monitoring. Apart from this, with 5G, it is possible to work with a higher density of connected devices. This is crucial for complex IIoT systems across industries like logistics and agriculture.
- Solutions powered by Augmented Reality and Virtual Reality. AR and VR tools enable remote monitoring and assistance. It means that remote experts can help technicians on-site in equipment maintenance and repair. One more application of AR and VR in IIoT is the creation of immersive training environments.
- Sustainability and energy management. It is expected that in the near future, IIoT tools will be more widely used in energy monitoring and optimization. This will help companies track energy usage and reduce emissions.
Final word
In this article, we’ve shared the list of industrial IoT companies that deserve your attention if you need help with your IIoT project. The provided firms may have different experience and specialization. Nevertheless, over the years of their successful work in the industry, they have proven their reliability and managed to gain an outstanding reputation. Also, we would like to encourage you to conduct your own research and find a tech partner that can fully satisfy your business needs.
But if you feel that Cogniteq will be a perfect match for you, you should know that we are always open to cooperation. Just share your ideas with us and we will find a way to transform them into fully functional IIoT solutions.
FAQ
What is Industrial IoT (IIoT)?
Industrial IoT can be defined as a specialized use of Internet of Things technologies in industrial sectors. IIoT solutions are applied in such domains as manufacturing, energy, transportation, and logistics. Such systems presuppose connecting machines, devices, sensors, and control equipment to the internet and enabling the collection and analysis of vast amounts of data. This helps to improve operational efficiency and safety.
What is a "Top IIoT Company"?
Top industrial IIoT companies are recognized as market leaders for their openness to innovation and effectiveness in delivering IIoT solutions. These companies provide cutting-edge IIoT technologies, such as advanced sensors, connectivity solutions, data analytics platforms, and automation tools. Their products can successfully drive significant benefits across various industrial sectors.
What industries benefit the most from IIoT solutions?
As a rule, IIoT solutions are built for the needs of various industrial sectors. Among the most active users of industrial Internet of Things technologies, it’s worth mentioning manufacturing, energy, transportation, and logistics companies.
What technologies are usually offered by the top industrial IoT companies?
Industrial Internet of Things companies usually offer a wide range of technologies designed to connect, monitor, and optimize industrial processes. For example, they can provide smart sensors, edge computing devices, and connectivity solutions. Moreover, based on the needs of their customers, they can deliver data analytics tools, digital twins, and predictive maintenance systems, among other digital products.
How do IIoT companies ensure data security?
The best industrial IoT software companies always perceive data security as a top priority. To protect their data and solutions against cyber threats, they implement a layered approach that covers network, device, and data security measures. The range of the introduced protective strategies can include secure device authentication, identity management, data encryption, regular software and hardware updates, network security, as well as compliance with industry standards and regulations.
