February - 2017 issue > 20 Most Promising IoT Solution Providers - 2017  

Internet of Things, more commonly known as IoT, is in vogue of the technology world. The prediction for the year 2020 indicates an annual increase in revenue by $470 billion for the IoT vendors and the entire market attaining a CAGR of 32.6 percent. General Electrics predicts the investment of $60 trillion in the coming 15 years and London based IHS Markit forecasts that the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025. The industry is clearly playing into big numbers and it is only natural for the entire market to gain a slice of this highly profitable pie.

What makes this industry worth such huge investments? The answer lies in the desirable traits of easy connectivity, mobile deployment of services, automation and remote accessibility (to name a few) that are making this ultra innovation the avenger of technology enhanceability, bringing respite to its users. From being deployed in aviation for automation, to defence for security and healthcare for automating medicine in most inaccessible topography, IoT is now making its mark as a universally indispensable tool. Internet of Things is now enabling auto functionalities and bringing in the factor of omnipresence to its users, something that was deemed utopian mere two decades back.

The industry has a huge potential and players of this ever expansive industry are nonetheless imparting high impact with their innovative contribution. In view of bringing these members of the industry to light, siliconindia presents to you ‘20 Most Promising IoT Solution Providers’.  A distinguished panel of industry’s top CEOs, CXOs, VCs, industry experts and siliconindia’s Editorial Board has curated this list critically in hopes that it justifies our aim of proffering the most genuine guide for organizations and individuals in choosing the best players in the industry that are transforming the Indian Internet of Things Solutions Scenario. 


20 Most Promising IoT Solution Providers - 2017

Company Founder Description
Altiux Innovations
Sunil Motaparti,
Co-Founder & Director
A software and product engineering services organization focused on developing Internet of Things (IoT) enabled products and solutions for the smart connected world
Kris Nair,
President & CEO

A wholly owned subsidiary of the Vora Group which is at the fore front of driving the Internet of Things (IoT) revolution working closely with industry leaders in building solutions across verticals 

Atmel Corporation
Steven. A Laub,
President, CEO & Director
A worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components to connect internet enabled devices 
Shivendra Kumar,
Co-Founder, Chief Strategist & CSO

An end-to-end Internet of Things solutions company with its own IOT platform and comprehensive value-driven solution engineering capabilities

ConnectM Technology
Sriram Chidambaram,
A leading global IoT company whose solutions are powered by cutting edge technology, and are designed to make significant, sustained and measurable business impact
New Delhi
Sanjay Kumar,

Leveraging IOT technology to provide relevant solutions by amalgamating the web and physical world

Gaia Smart Cities
Dr. Sumit D Chowdhury,
CEO & Founder

A pioneering Internet of Things Solutions and Services Company creating innovative solutions focused on development of Smart Cities

M P Kumar,
Founder & CEOr
A product engineering company delivering customized and rigorously-tested IoT solutions in five key industry verticals
George P. Kongalath,

An innovative and diverse organisation offering IoT enabled solutions to multiple industries, streamlining and optimizing their operations

Vivek Chordia,

An IoT solutions company investing heavily in R&D in foundational technologies to provide amazing new experiences in IoT business use cases

Balaji Kanigicherla,
Founder & CEO

A semiconductor company working exclusively in the area of low-power SoC development, architecture and software that is necessary to design silicon and systems for IoT applications

L&T Technology
Dr. Keshab Panda,
Ceo & Managing Director
A subsidiary of Larsen & Toubro Limited, offering design and development solutions throughout the entire product development chain across various industries
Basant Jain, CEO

Providing smarter industry IoT solutions to monitor and manage solar and wind power assets of any size powered with big data analytics capabilities 

Prime Numerics
Akash Mavkle,
Co-Founder & CEO

An analytics company that Provides an IoT platform SIGMA, which aggregates data across wide variety of sources like plants machines and sensors and passes them data through sophisticated algorithms to present reports

Rajeev Arora,
Director & CTO
Sharad Arora,
Managing Director
IoT Solutions provider addressing Quality of Service in M2M connectivity with secure, over the air Lifecycle Management (SenseLCMTM) of multi-operator embedded connectivity (QoSimTM), Office/Home Automation and Remote Asset Management (SenseMaticTM) and purpose specific Private Area Networks (FrugalNet)
Uday Shankar,

Providing not just the IoT software but also building hardware to ensure no alien penetration or hacking of the product

New Delhi
Oozi Cats,
Founder &CEO
Offering the industry’s broadest portfolio of IoT products and services, combined with unmatched expertise and developer resources, that enable end-to-end IoT solutions across virtually any industry around the world
Anand Sen Gupta,
Revolutionising the healthcare sector, especially in rural India, through its innovative app and web portal 
Volansys Technologies
Manan Patel,
Founder & CEO

An end-to-end Design, Development & services company catering complete Product Development Life Cycle from concept through prototyping to manufacturing & support

Zoho Corporation
Sridhar Vembu,
Founder & CEO
A software company offering smart softwares like ManageEngine and WebNMS to help businesses grow