This article offers a detailed analysis of 10 new industrial IoT companies enhancing the performance of various sectors. These firms develop solutions for condition-based maintenance, centralized device management, remote monitoring, and more. Such solutions streamline operations while enhancing efficiency and safety. Additionally, these companies are introducing environment monitoring systems that leverage sensors to track and analyze atmospheric conditions in real time. Each company contributes significantly to its field, showcasing the growing impact of IoT technologies across industries. We updated this report 5 days ago. Notice something’s off? Let’s make it right together — reach out!
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Industrial Internet of Things Companies
- How to Scout New Industrial IoT Companies Easily
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the IIoT industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest Industrial IoT Trends: Some of the major trends impacting the industrial Internet of Things industry are IIoT security, AIoT, smart factory, web of things, and edge IoT.
- Industrial IoT Industry Stats: The global Industrial IoT industry encompasses 29K+ organizations and has a massive 1.6M workforce. It is experiencing a dip of 1.33% in annual growth rate but has seen the emergence of 1.5K+ new IIoT companies in the past five years.
- 10 New Industrial IoT Companies to Watch:
- Knowix – Condition-based Maintenance
- Dareto – Centralized Device Management
- Infilock – Blockchain-based IIoT Platform
- Melody – Edge IoT Platform
- Armtronix – IIoT-powered Automation
- Optimo IoT – Cloud-based IIoT
- Octobus – SaaS-based IIoT Platform
- Sensyrtech – Remote Monitoring & Control
- beyondata – Online Machine Monitoring
- Adaptiv Systems – Environment Monitoring System
Discover 10 out of 1.5K+ Emerging IIoT Companies
In this section, we highlight 10 emerging companies in the industrial IoT (IIoT) sector. These firms deploy IIoT cloud solutions, edge IoT platforms, and more. They also focus on remote monitoring and control as well as condition monitoring. These technologies enable precision in operations and real-time data analytics. Explore the advanced capabilities and innovative applications they bring to the industry.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Knowix
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Knowix makes an industrial IoT solution for monitoring high-performance cable and rope systems. The company’s technology facilitates asset management by providing real-time insights into system performance and status. With Knowix’s solution, companies are able to integrate condition-based maintenance and optimize system operations while reducing costs. It benefits industries like maritime, mining, oil, and gas. Knowix’s patented technology also supports the creation of digital twins, facilitating the modeling and optimization of complex systems. This allows stakeholders to make data-driven decisions that enhance system reliability and longevity.
2. Dareto
- Founding Year: 2021
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Medium
- What they do: Dareto provides an IIoT-based smart factory platform to enhance manufacturing processes. The company’s main product, Dareto Device Bridge, integrates physical shop floor operations with digital cloud applications. This allows for centralized device and application management, thereby facilitating easy and secure access to edge-level data. The platform’s digital twin technology further provides up-to-date data and has features like over-the-air updates and zero-touch integration to streamline device integration and software updates. Industries benefiting from the company’s platform include those seeking to optimize production processes and adapt quickly to market changes.
3. Infilock
- Founding Year: 2021
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Strong
- What they do: Infilock develops InfiIoT, a platform as a service (PaaS) for the IIoT sector that combines blockchain and AI. The platform offers features for monitoring and controlling industrial equipment remotely, with real-time updates through 5G and LTE. InfiIoT utilizes blockchain and smart contracts to increase data encryption and protection against cyber threats. The platform also allows businesses to connect or disconnect devices flexibly and manage costs effectively, enhancing scaling capabilities. Additionally, InfiIoT incorporates machine learning to predict equipment failures and optimize operations through preventive maintenance strategies. Industries like energy management, HVAC maintenance, and outage detection benefit from these capabilities.
4. Melody
- Founding Year: 2020
- Employee Range: 11-50
- Location: India
- Signal Strength: Strong
- What they do: Melody offers industrial IoT solutions for various industrial applications. The company’s product lineup includes gateway and edge devices. The gateway features large memory for data retention, over-the-air firmware upgrades, and LED indicators for GSM and power status. It integrates with energy meters over Modbus and includes secure RF Mesh networking capabilities. Additionally, the edge device offers similar firmware upgrade capabilities, supports various sensor inputs, and is available in both battery-powered and mains-powered configurations. Both products are tamper-proof and provide industries with a secure IIoT infrastructure.
5. Armtronix
- Founding Year: 2021
- Employee Range: 2-10
- Location: India
- Signal Strength: Medium
- What they do: Armtronix provides industrial IoT solutions to enhance automation and control. The company’s products include a master control unit and Retro-To-IIoT. Retro-To-IIoT is a programmable logic controller (PLC) programmable via a web browser, without licensed software. These devices support HMI and SCADA operations and pair with up to three I/O modules. The company’s Modular 4-DIO and Modular 8-Input/Output units expand the I/O capabilities of the master devices, facilitating flexible integration into existing systems. Armtronix’s products thus simplify industrial automation application deployment by reducing the need for extensive cabling.
6. Optimo IoT
- Founding Year: 2019
- Employee Range: 2-10
- Location: Italy
- Signal Strength: Weak
- What they do: Optimo IoT designs IoT solutions from hardware to cloud for civil and industrial applications. They allow for the configuration and management of data exchanges between equipment using Modbus protocols, facilitating plant operations. These solutions include the Optimo AssetLinker gateway. It connects machines and processes to enable bidirectional communication. The gateway also features built-in drivers for various industrial protocols, enabling connection to multiple devices via dual network ports or an RS485 serial port. Further, the company provides a local web server that simplifies data access. Optimo IoT thus allows companies to enhance efficiency, monitor performance, and reduce costs.
7. Octobus
- Founding Year: 2020
- Employee Range: 11-50
- Location: Thailand
- Signal Strength: Medium
- What they do: Octobus offers a SaaS-based IIoT platform that allows businesses to collect, monitor, and analyze industrial data. It features security measures like user identification and data access rights as well as supports interoperability by integrating with PLCs and commercial sensors. The platform also has dynamic dashboards with statistical aggregation across multiple time frames and rule-based alerting for efficient operational management. Octobus’s industry-agnostic IIoT platform enhances asset performance, reduces costs, and minimizes machine downtime.
8. Sensyrtech
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Medium Strong
- What they do: Sensyrtech provides an IIoT platform. It securely gathers and analyzes data from industrial equipment to improve operational efficiency and reduce downtime. The platform facilitates real-time asset tracking, condition monitoring, and the implementation of predictive maintenance. It also supports various data collection methods and integrates with existing enterprise systems to offer a comprehensive view of machine health and process efficiency. Sensyrtech’s platform thus allows companies to quickly digitize operations for continuous monitoring and proactive asset maintenance of critical assets. Sensyrtech’s platform finds use in industries like manufacturing, oil and gas, and facility management.
9. beyondata
- Founding Year: 2020
- Employee Range: 2-10
- Location: Czech Republic
- Signal Strength: Weak
- What they do: beyondata creates a machine monitoring and predictive maintenance system. It optimizes production and service processes by utilizing real-time data from CNC machines. The platform enables industries to leverage operational data better and integrate data-driven decision-making for minimizing downtime and enhancing productivity.
10. Adaptiv Systems
- Founding Year: 2019
- Employee Range: 11-50
- Location: Netherlands
- Signal Strength: Medium Strong
- What they do: Adaptiv develops tailored industrial IoT ecosystems. The company’s proprietary technology uses AI-powered data analysis to detect trends, optimize building operations, and enhance occupant well-being while anticipating critical situations. It also utilizes video sensors to monitor environments as well as ensure safety and compliance in industrial settings. Further, the technology features end-to-end data encryption and real-time data handling capabilities for immediate operational decisions and incident prediction.
Quick Tip to Find New IIoT Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new IIoT companies provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying IIoT innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the healthcare industry. The platform keeps you informed with near real-time updates on emerging IIoT solutions and news, enabling you to make swift and informed decisions.
- Precise Scouting: Customize your search to focus on specific niches within the IIoT sector, such as condition-based maintenance, remote monitoring & control, or environment monitoring. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New IIoT Companies?
This overview highlights just a few industrial IoT solutions from all 1.5K+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We seek partnerships with industry experts to deliver actionable insights into startups and tech. Interested? Let us know!
