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These are the most powerful Internet of Things companies

IBM CEO Virginia
IBM CEO Virginia

(IBM Chairwoman, President and CEO Virginia "Ginni" Rometty.Brendan McDermid/Reuters)

The Internet of Things (IoT) is set to fundamentally transform how we live our lives, from work and entertainment to transportation and residences.

But such a widespread and sweeping change requires loads of power, and several companies have stepped up to become the pillars that support the IoT as it approaches mass adoption. And of those companies, a few have become the most powerful of the bunch.

Network World has compiled a list of the 19 most powerful IoT companies, and some

Amazon Web Services makes the list because many expect the cloud to have a pivotal role in the IoT, as it is the best way to store tons upon tons of data, and the biggest cloud provider out there is AWS.

AT&T appears on the list because it is betting on its broadband network to be a major facilitator of the IoT, and it hopes to have 10 million vehicles connected to said network by 2017.

Cisco has always been at the tech forefront, and the company is predicting that there could be 50 million devices connected to what it calls the Internet of Everything by 2020. Naturally, it wants most of those devices to use its networking equipment to communicate with one another.

To no one's surprise, Google is making itself a major player in the IoT on both the consumer and enterprise side.

IBM has been using its Watson smart products to push full steam ahead into the IoT.

And Intel wants to its processor chips to be the backbone of the IoT by supplying the power to run, well, everything.

The IoT Revolution is picking up speed and when it does, it will change how we live, work, travel, entertain, and more.

From connected homes and connected cars to smart buildings and transportation, every aspect of our lives will be affected by the increasing ability of consumers, businesses, and governments to connect to and control everything around them.

Imagine “smart mirrors” that allow you to digitally try on clothes. Assembly line sensors that can detect even the smallest decrease in efficiency and determine when crucial equipment needs to be repaired or replaced. GPS-guided agricultural equipment that can plant, fertilize, and harvest crops. Fitness trackers that allow users to transmit data to their doctors.

It’s not science fiction. This “next Industrial Revolution” is happening as we speak. It’s so big that it could mean new revenue streams for your company and new opportunities for you. The only question is: Are you fully up to speed on the IoT?

After months of researching and reporting this exploding trend, John Greenough and Jonathan Camhi of BI Intelligence, Business Insider's premium research service, have put together an essential report on the IoT that explains the exciting present and the fascinating future of the Internet of Things. It covers how the IoT is being implemented today, where the new sources of opportunity will be tomorrow and how 16 separate sectors of the economy will be transformed over the next 20 years.

The report gives a thorough outlook on the future of the Internet of Things, including the following big picture insights:

  • IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

  • Nearly $6 trillion will be spent on IoT solutions over the next five years.

  • Businesses will be the top adopter of IoT solutions because they will use IoT to 1) lower operating costs; 2) increase productivity; and 3) expand to new markets or develop new product offerings.

  • Governments will be the second-largest adopters, while consumers will be the group least transformed by the IoT.

And when you dig deep into the report, you’ll get the whole story in a clear, no-nonsense presentation:

  • The complex infrastructure of the Internet of Things distilled into a single ecosystem

  • The most comprehensive breakdown of the benefits and drawbacks of mesh (e.g. ZigBee, Z-Wave, etc.), cellular (e.g. 3G/4G, Sigfox, etc.), and internet (e.g. Wi-Fi, Ethernet, etc.) networks

  • The important role analytics systems, including edge analytics, cloud analytics, will play in making the most of IoT investments

  • The sizable security challenges presented by the IoT and how they can be overcome

  • The four powerful forces driving IoT innovation, plus the four difficult market barriers to IoT adoption

  • Complete analysis of the likely future investment in the critical IoT infrastructure: connectivity, security, data storage, system integration, device hardware, and application development

  • In-depth analysis of how the IoT ecosystem will change and disrupt 16 different industries

To get your copy of this invaluable guide to the IoT universe, choose one of these options:

  1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP

  2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the fast-moving world of the IoT.

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