10 Coolest INDUSTRIAL IoT COMPANIES
Clarity Movement DAVID LU, CO FOUNDER, CEO
Litmus Automation VATSAL SHAH, CEO
Clarity’s brand of air quality monitoring tools led the company to a $9.6 million SeriesA+ round of funding last year.The Berkeley, Calif.- based vendor offers sensing-as-a-service, which includes air quality monitoring hardware and a data dashboard and does not require separate software purchases or add-on warranties. Clarity includes resellers, distributors and other business types in its partner program. Envision Digital LEI ZHANG, CEO Part of Envision Group, Envision Digital promises an AI-enhanced energy operating system with a single interface for managing global energy assets. Founded in 2017, Singapore-based Envision secured a $210 million Series A round of funding last summer. It went on to acquire renewables asset performance management company QOS Energy to boost its offerings. Resellers, service providers, systems inte- grators and consultants are included in Envision’s partner program.
A $30 million Series B round of funding, projected growth of 150 percent for 2023 and a co-development deal with Google Cloud are just some of the ways LitmusAutomation has risen in the IoT space.The Santa Clara, Calif.-based company offers an industrial edge data platform for device connectivity, data intelligence and data integration. Systems integrators, MSPs, resellers and other businesses are part of Litmus’ partner program. PTC JIM HEPPELMANN, CEO Deemed a Challenger in industrial IoT by Gartner, Boston-based PTC started 2023 off by closing on its $1.46 billion ServiceMax acquisition. The deal promises to add more field service management capabilities to PTC and its IoT services for complex manufacturing. PTC has about 80 North American channel partners and 700 worldwide. Samsara KENT THEXTON, PRESIDENT, CEO Samsara offers a platform meant for managing equipment, vehicle fleets and work sites from a single pane.The San Francisco-based com- pany released more than 150 product features, updates and upgrades in 2022, including redesigned incident alerts, more workflows for its driver task application and mobile use detection to improve safety. MSPs and other business types are part of Samsara’s partner program. Schneider Electric JEAN PASCAL TRICOIRE, CHAIRMAN, CEO An extended reality operator adviser, integrated cybersecurity services and more energy efficiency and asset management capabilities are some ways Schneider Electric has boosted its EcoStruxure Power IoT-enabled architecture and platform. The Paris, France-based vendor also released the EcoStruxure Trans- former Expert for extending transformer lifetimes and increased monitoring. About 95 percent of Schneider’s overall sales come through the channel. It has about 15,000 NorthAmerican channel partners and about 100,000 worldwide. Siemens ROLAND BUSCH, PRESIDENT, CEO Siemens launched its Xcelerator open digital business platform last year, introducing a curated portfolio of IoT hardware, software and digital services.The Munich, Germany-based vendor has con- tinued to iterate on the platform, with the introduction this year to Xcelerator of the Connect Box IoT product for managing small and midsize buildings. Gartner considers Siemens a Visionary in industrial IoT. Siemens has about 160 North American channel partners and about 1,800 worldwide.
Hitachi Vantara GAJEN KANDIAH, CEO
Gartner’s Visionary ranking for Hitachi Vantara in industrial IoT comes from the data tools vendor’s recent innovations in the space. Last year, the Santa Clara, Calif.-based vendor unveiled an improved data catalog, more data integration and other data operations (DataOps) capabilities for its Lumada platform. It also launched image-based inspections, intelligent infrastructure monitoring, vegetation management and other inspection insight for the Lumada platform. About 82 percent of Hitachi Vantara’s overall sales come through the channel. Invisible AI ERIC DANZIGER, CO FOUNDER, CEO InvisibleAI’s brand of no-code, edge-based artificial intelligence soft- ware for factories landed it a $15 million Series A round of funding in the fall. Founded in 2018, theAustin,Texas-based startup promises customers the ability to track body movement to improve manual assembly and provide real-time feedback for quality, safety and productivity. InvisibleAI also inked a partnership withToyota Motor North America to bring its computer vision platform to more users. Johnson Controls GEORGE OLIVER, CHAIRMAN, CEO Johnson Controls continues to build on its OpenBlue suite of con- nected services, including the addition of its Net ZeroAdviser to track emissions and help with certification and compliance reporting. The Milwaukee,Wis.-based vendor joined withAccenture last year to roll out new OpenBlue Innovation Centers to accelerate building opera- tion automation through IoT, digital twins and artificial intelligence.
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