11 “Internet of Things” Startups to Watch

An important point in making a decision to launch a startup is to study the general trends in the direction of investment in the IT market. For example, mobile applications have already “gone out of fashion” – the cost of attracting a user is extremely high, it is difficult for a developer to overcome the threshold at which the income received from an average user will exceed the cost of loading, and therefore it is difficult to get investments in this market sector.

Internet of Things, by contrast, is now supported by many large companies. The development of this direction is beneficial both for equipment manufacturers, as new devices require the creation of new processors and printed circuit boards, as well as software developers. In addition, unlike the Android and iOS infrastructure with a pronounced artificiality of the environment and the monopoly of the companies providing the infrastructure, the Internet of things is represented by a wide range of companies – developers of hardware and software libraries.

In the infographic below you can find a list of the most successful IoT startups:

Infographic brought to you by Wrike online collaboration space