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When it comes to smartphones, Apple is the first name that comes to mind; for social networks, Facebook often takes the lead. But when it comes to the Internet of Things (IoT), which company do you think of? IoTAnalytics, a leading global research institution in the IoT space, regularly releases rankings of top companies in the industry. These rankings aim to measure the technological advancement and market influence of major players in the IoT sector.
With the mobile internet reaching its peak, the era of the "Internet of Everything" is now taking shape. In 2017, Xiaobian compiled a list of companies that are performing well and have strong growth potential in the IoT field. Let’s take a closer look at these top contenders.
**1. Qualcomm**
Qualcomm has long been a household name in the mobile technology world, known for its powerful Snapdragon processors. As a global leader in 3G, 4G, and next-generation wireless technologies, Qualcomm is also at the forefront of the 5G race. The company made headlines in 2016 with its acquisition of NXP Semiconductors, further strengthening its position in the IoT ecosystem.
Founded in 1985 and based in San Diego, California, Qualcomm employs over 33,000 people worldwide. It provides wireless technology licenses to a wide range of manufacturers across the globe, including all major telecom and consumer electronics brands.
Its stock is listed on the Nasdaq under the ticker symbol QCOM and is part of both the S&P 100 and S&P 500 indices. While the smartphone market has slowed down, Qualcomm is turning its attention to the growing IoT sector, where it holds one of the largest patent portfolios in the industry.
The company has launched dedicated IoT initiatives, aiming to leverage its expertise in connectivity and chip design to capture a significant share of the expanding IoT market.
**2. Intel**
Intel, headquartered in California, is a major player in the PC and chip manufacturing industries. Founded by Robert Noyce and Gordon Moore, the company was initially named "Moore Noyce," but had to change due to prior registration. The name "Intel" stands for "Integrated Electronics."
While Intel has traditionally dominated the PC market, it now faces challenges as this sector declines. To stay relevant, Intel has made a strategic push into the IoT space. The company has invested heavily in IoT innovation, developing specialized chips designed for low power consumption and high connectivity.
Notable products include the Edison module, which fits into an SD card slot and can be used in a variety of smart devices, and the Curie module, a small button-sized chip ideal for wearables.
Intel has also hired former ARM executives to lead its IoT division, signaling a serious commitment to the sector. Whether it can fully capitalize on this opportunity remains to be seen.
**3. Cisco**
Cisco is a global leader in network infrastructure and solutions. Named after San Francisco, the company has built a strong reputation for its deep understanding of network economics and innovative applications.
In recent years, Cisco has made significant moves in the IoT space, hosting annual forums and leading the development of IoT platforms. One of its most notable acquisitions was Jasper Technologies, a provider of IoT platform services, for $1.4 billion.
Cisco also introduced the concept of "fog computing," an extension of cloud computing designed to handle the growing demands of IoT. By decentralizing data processing, fog computing helps improve efficiency and reduce latency in connected systems.
With its strong network expertise and forward-thinking approach, Cisco is well-positioned to play a key role in shaping the future of the Internet of Things.