​Which vendors are winning the fight for Internet of Things supremacy? – ARNnet

September 25, 2016 Facebook Twitter LinkedIn Google+ Uncategorized

IBM, Hewlett Packard Enterprise, Cisco and Microsoft are leading the way in terms of Internet of Things revenue, as the commercial market surpasses the $US6 billion market.

As outlined in Technology Business Research findings, commercial IoT ecosystem revenue grew 18.3 per cent year-to-year in 2Q16, with cloud services remaining the industry’s fastest-growing segment year-to-year at 67.2 per cent due to vendors’ evolving need for platforms, processing and storage.

According to research, vendors with incumbencies in IT and consulting are the leaders, with IBM, Hewlett Packard Enterprise, Cisco and Microsoft emerging as the top four in total IoT revenue at $US783.2 million, $US593.5 million, $US576.2 million and $US505.7 million, respectively.

“Incumbency proves a foundation for gaining leadership in IoT due to cross-selling, deep relationships and established knowledge,” Technology Business Research analyst, Dan Callahan, said.

Across the board, save ICT infrastructure, all IoT segments grew by double digits, proving the opportunity for vendors in the IoT ecosystem.