Internet of things News
The 10 Coolest IoT Startups Of 2020
With new funding rounds, executive hires and product launches, these startups are making big moves this year as the demand for IoT offerings continues.
Opportunities Abound As Many Companies Continue IoT Investments
While the coronavirus pandemic has hurt demand for IoT in certain verticals, there are still many organizations that plan to make investments in the area.
Some 47 percent of companies said they plan to increase their investments in IoT, despite the impact caused by COVID-19, according to a Gartner survey of 402 respondents published in October. That’s significantly more than the 35 percent who said they are reducing their investments.
[Related: CRN’s 2020 IoT Innovators Awards ]
That means startups still face many opportunities in developing new IoT offerings and innovations as organizations seek to do things like predictive maintenance and condition monitoring. The need to reduce the risk of COVID-19 spreading has also prompted organizations to seek tech offerings for social distancing enforcements, temperature scanning and contact tracing.
What follows are the 10 coolest IoT startups of 2020, and they range in capabilities and focus, from machine learning for physical space monitoring to security and analytics for connected devices.