From CRN’s Internet Of Things 50 of 2024, here’s a look at 10 hardware developers impacting the industry.
Well-designed hardware is more vital than ever when it comes to IoT, whether it’s the sensors used to capture environmental knowledge, the computers used to process and analyze that knowledge, or the communication modules used to send that knowledge to remote locations.
According to a recent report by research firm GlobalData, IoT hardware is expected to grow at a compound annual expansion rate of 12% through 2027, when the segment is expected to account for more than 50% of the overall IoT market, which also includes software and services.
Players in the IoT hardware segment come with semiconductor corporations such as Intel and Nvidia, which are designing processors to capture and analyze IoT data, as well as Silicon Labs and Morse Micro, which are designing chips to transmit IoT data. Then there are semiconductor corporations like Sony Semiconductor Solutions, which is dedicated to creating imaging and sensing technologies.
The IoT hardware ecosystem also includes those that build a wide diversity of devices, from Cognosos and its asset tracking systems to Monnit and its wireless sensors.
For Internet of Things 50 2024, CRN has decided on the most interesting and prominent vendors that are innovating and making great strides in hardware. The following are descriptions of companies, ranging from Cognosos and Intel to Telit Cinterion and Zebra Technologies.
Cognosos
Braxton Jarratt
CEO
Cognosos needs to make real-time location an innovative investment for businesses through its cloud-based software suite and lightweight asset tracking hardware. A year ago, the Atlanta-based company said it had raised $25 million from an investment corporation after tripling profits in 2022, led by major automakers, health care providers and other companies.
Intel
Pat Gelsinger
CEO
Intel will take IoT programs to the next level with processors for cutting-edge computing devices. The Santa Clara, California-based chipmaker says its newly introduced Core Ultra chips combine next-generation AI and graphics features into an energy-efficient package with long life. Availability to enable automation and computer vision use cases. It also enables vision programs with its Geti software platform.
Monit
Brad Walters
Founder & Chief Executive Officer
Monnit offers hardware and software remote tracking offerings for almost any and all advertising use cases, from advertising cooling to production. The Salt Lake City-based company offers more than 80 wireless IoT sensors that monitor temperature, light, pressure, and more. The portfolio also includes IoT gateways and iMonnit cloud software for analyzing sensor data.
Morse microphone
Michael De Nil
Co-Founder, CEO
Morse Micro claims that it is reinventing Wi-Fi for IoT with the release of the HaLow Wi-Fi specification for long-range, low-power, high-capacity wireless connectivity. The Australian company claims that its HaLow Wi-Fi system-on-chip offerings have proven to be transmitting a video call just about 3 kilometers, which is 10 times farther than classic Wi-Fi.
NVIDIA
Jensen Huang
Co-Founder, President, CEO
Nvidia brings significant computing power to IoT programs with its GPU-enforced Jetson system-on-chip for cutting-edge devices. The Santa Clara, California-founded company’s next-generation portfolio includes the recently unveiled Jetson Thor computer, which includes a next-generation computer. GPU based on the Blackwell architecture that will allow the device to run multimodal generative AI models such as the company’s GR00T for humanoid robotics.
Qualcomm
Christian Amun
President & CEO
San Diego-based Qualcomm is powering advertising and IoT programs with a developing portfolio of high-performance computing chip offerings and complex connectivity. These products come with satellite connectivity chips and built-in 5G IoT processors, which the company is bolstering through its IoT accelerator program. for a wide variety of partners.
Silicon Labs
Matt Johnson
President & CEO
Silicon Labs claims to enable secure and intelligent wireless connectivity for IoT programs through its chip and software technologies. The Austin, Texas-based company’s portfolio includes its next-generation 3-Series chip platform, which combines “compute, wireless performance, and power of force with the highest degrees of silicon-architecture IoT security. “
Sony’s Semiconductor Solutions
Terushi Shimizu
President & CEO
Sony Semiconductor Solutions seeks to revolutionize IoT with its AITRIOS AI sensing platform, which leverages its imaging and sensing technologies. The Japan-based company says its platform can reduce burden and complexity, improve time-to-market, and deliver a measurable return on investment while providing organizations with the answers they want to deploy cutting-edge vision-based AI at scale.
Telit Cinterion
Paolo Dal Pino
CEO
Telit Cinterion is breaking new ground in the world of wireless connectivity for IoT devices with recently introduced subscription-based connected module packages. The Irvine, California-based company says NExT connected module packages allow organizations to use its wireless communication modules, SIMs. cards, connectivity plans, and control software with business-friendly “operating expenses” terms.
Zebra Technologies
Bill Burns
CEO
Zebra Technologies provides businesses with real-time insights into their operations through its diversity of cellular computers, RFID, real-time tracking technologies, sensors and cameras, among other offerings. The Lincolnshire, Illinois-based company’s ZS300 electronic sensors, for example, will offer brands and transportation providers a way to safely monitor situations and track the location of products in food and pharmaceutical origin chains.