Global IoT revenue is expected to reach over $717 billion by 2030 — and India is a key player in its growth. India’s industrial IoT market is growing at over 21 percent annually with no sign of a plateau. IoT technology enables smart homes, smart cities, wearable devices, connected factories and many other tech products to improve the lives of users around the world. These are some of the Chennai companies that help meet the global demand for IoT technology.
IoT Companies in Chennai
- Intelsat
- Bahwan CyberTek
- Verizon
- Twin Health
- Schneider Electric
- PTC
- Digi20
Top IoT Companies in Chennai
Schneider Electric is a multinational energy management company that uses digital automations to create sustainable models for energy usage. It makes electrical products like light switches, electrical sockets and surge protectors for residential use. In addition to these physical products, the company also develops software to support its mission. Its IoT platform, EcoStruxure, can be used to implement and manage connected products like thermostats.
Rax-Tech is an experienced industrial technology provider throughout India. On the IoT front, it develops custom cloud-integrated hardware, which has helped clients collect data and improve business operations. In the past, Rax Tech has worked with manufacturing, logistics and utility companies.
Twin Health is a healthtech company that develops innovative products to treat metabolic health conditions. The company uses machine learning and IoT sensors to deliver novel treatment options for diseases like diabetes with the goal of improving health and even reversing the condition. The company creates a digital twin of each member’s metabolism and provides a treatment plan based on biometric data.
KarIoT’s product helps high-rise apartment buildings monitor their water usage. The platform includes a network-connected valve that records water levels and offers building managers control options. It also connects with water providers, simplifying utility fulfillment and billing.
Verizon is an enterprise telecommunications company that operates a large wireless network. It offers IoT platforms and services and the ThingSpace Marketplace, a digital shopping space for IoT devices. On the ThingSpace platform, clients can build and monetize their own IoT tools with tech and management support from Verizon.
Digi2o specializes in developing custom industrial IoT applications and hardware. One of its popular applications enables large warehouses to measure the performance of their crucial machinery from a single location. Digi20 also provides analytics support that can help avoid unplanned downtime.
Bahwan CyberTek is an IT and digital transformation company that works with clients to bring leading-edge tech into their processes. The company incorporates IoT technology across multiple verticals. Its transportation and logistics optimization includes onboarding IoT devices in cargo fleets, where they can monitor cargo location, driver safety and vehicle performance.
Onfra’s IoT platform is used in office spaces and helps manage employees and assets. According to the company, its products can streamline visitor check-ins, attendance tracking and desk assignments.
PTC develops custom software and hardware solutions, including IoT technologies. Its ThingWorx platform acts as a software control for various IoT devices and provides end-to-end integration to ensure they work as intended. PTC also conducts analytics to find operational improvements based on the collected IoT data.
Intelsat operates a network of satellites. Using satellite connectivity and IoT sensor devices, the company provides connectivity for aerospace, which is used for in-flight internet and communications. Intelsat’s FlexEnterprise IoT is an industrial IoT product that handles IoT backhaul, which is the process of transmitting IoT device data to a cloud or a data center.
