5 Internet of Everything Companies
In a recent article titled “The Physical Web vs. iBeacons vs. Eddystone vs. IoT” we demystified some of the terminology used to describe the “Internet of Things” (IoT) which looks to connect everything around us. In other articles, we looked at Internet of Things companies like Propeller Health which helps track inhaler usage, Proteus Digital Health which is introducing “digitally enabled medicine” using tiny wireless sensors, Alarm.com which enables a “fully connected home or business”, and Estimote which is developing a beacon platform. While you’re all familiar with the term IoT, we’re going to introduce a new term now which is the “Internet of Everything”. This is what it looks like according to Cisco:
So while the “Internet of Things” is focused on enabling everything around us with connectivity, the “Internet of Everything” also includes the people element (use cases), the data element (data collection, storage, and analysis), and the process element (a platform that brings everything together). A simpler way to look at it this. If you’re selling an Internet of Everything solution to a particular industry, you’re a one-stop-shop for your clients. You provide the devices they need along with software in the cloud for them to immediately begin analyzing the data that your platform collects. Let’s take a look at 5 companies that are offering an “Internet of Everything” solution in 5 different industries.
Founded in 2012, Sight Machine has taken in $18.5 million by investors that include GE to develop an Internet of Everything platform for manufacturing as seen below:
So just how can you provide an Internet of Everything solution for agriculture? Take the entire farming operation and stick it in a standard shipping crate to create a 6.5 ton garden that is connected to the cloud and produces as much yield as an acre of land. That’s incredible don’t you think?
Industry – Transportation
Founded in 2012, Veniam has taken in nearly $27 million from firms like Verizon, Cisco, and Orange to develop the “Internet of Moving Things”. Veniam turns vehicles into Wi-Fi hotspots in order to build city-scale vehicular networks will expand wireless coverage and collect terabytes of data while in operation. They already piloted their solution in Porto Portugal as seen below:
Veniam offers their Wi-Fi product for free to the vehicle operators and in turn receives a wealth of big data that goes up into “the cloud” where they can do cool things with it. For example, 25% of the travel performed by service vehicles and public vehicles is unnecessary and much of this efficiency can be eliminated by connecting vehicles. Veniam is also creating a solution for container terminals that will allow vehicles to communicate with cargo containers. It’s hard to believe that in today’s day and age, your standard shipping container doesn’t talk to “the cloud”. Think about how much efficiency Veniam can create by offering an Internet of Everything solution to the container shipping industry. This is another example of a plug-and-play Internet of Everything solution that costs nothing to adopt and reaps loads of benefits.
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