20 Most Promising M2M Solutions Providers - 2016
Today, more machines connected to the Internet are transforming business operations across industries. Greater demand for M2M solutions is primarily triggered by the widespread adoption and proliferation of affordable wireless communication, apart from standardization of IPv6 and advancement of networked devices to exchange information and perform actions. With the primary aim to connect, monitor, and actuate devices, M2M technologies transfer data on the condition of physical assets and devices to a remote central location for effective monitoring and control.
Nevertheless, M2M communications pose significant challenges to mobile network due to the expected large number of devices with simultaneous access for sending small-sized data, and a diverse application range. Today’s M2M service providers are offering new strategies in the submarkets taking into account various considerations—ranging from cost and power to long-term product lifecycle challenges and interference. The recent evolution in computing power, especially in the cloud, and the wide availability of data from the Internet has enabled ‘deep learning’ and the ability for machines to learn complicated data. These ‘smart machines’ can be applied to a variety of highly specialized industries and also could become one of the major tech shifts in the decades to come.
With over thousands of M2M solution providers in the market today, finding the right solution is often critical for organizations. Our distinguished panel comprising of CEOs, CIOs, VCs, analyst, and CIOReview editorial board have selected the top 20 M2M solution providers of 2016 with the ability to develop innovative technologies ad methodologies while offering outstanding customer service. In our selection process, we looked at the vendors’ capabilities to fulfill the need for cost-effective and flexible solutions that add value to the M2M landscape.