Emerging Vendors 2018: Top IoT Companies You Need To Watch

Living On The Edge

Worldwide spending on the Internet of Things is expected to reach $772.5 billion this year and is forecast to surpass $1 trillion in 2020, according to market researcher International Data Corp. Not bad for an industry segment that is still in its early stages.

So it's no surprise there has been a wave of startups developing IoT hardware, software and services, including platforms, development tools, sensors, edge devices, networks and connectivity, security and analytics.

As part of CRN's 2018 Emerging Vendors list, here are 5 hot Internet of Things startups, all founded in 2012 or later, that solution providers should be aware of.

FogHorn Systems

Founded: 2014

Top Executive: CEO David King

Emerging vendor details: /rankings-and-lists/ev2018-details.htm?c=42

FogHorn develops "edge intelligence" software for industrial and commercial Internet of Things systems. Its software platform includes advanced analytics and machine learning, enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence.

IoTium

Founded: 2015

Top Executive: Founder, CEO Ron Victor

Emerging vendor details: /rankings-and-lists/ev2018-details.htm?c=43

IoTium provides a managed, secure network infrastructure system for the Industrial Internet of Things. The Network as a Service, which leverages machine learning and predictive analytics, is designed for the building and industrial automation, oil and gas, manufacturing, transportation and smart city industries.

Reposify

Founded: 2016

Top Executive: Founder, CEO Yaron Tal

Emerging vendor details: /rankings-and-lists/ev2018-details.htm?c=44

Reposify's Grid system identifies, maps and secures an organization's digital assets beyond the firewall – both known and unknown – securing the organization's global digital footprint and helping it achieve cyber resilience.

Samsara

Founded: 2015

Top Executive: Founder, CEO Sanjit Biswas

Emerging vendor details: /rankings-and-lists/ev2018-details.htm?c=45

Samsara builds internet-connected sensor systems that make it easy and affordable for businesses to leverage and analyze data from the physical world. The technology targets applications in fleet tracking and management.

Seebo

Founded: 2012

Top Executive: Co-Founder, CEO Lior Akavia

Emerging vendor details: /rankings-and-lists/ev2018-details.htm?c=46

Seebo's cloud-based Internet of Things development platform allows manufacturers and product teams to design and deliver connected products and systems. Key capabilities include IoT solution modeling, IoT simulation and rapid prototyping, IoT system delivery, and IoT analytics and machine learning.