This study includes 93 companies that offer IOT solutions in the manufacturing sector, including the main functionalities:
-The use of IOT to optimise efficiency in the supply chain and production.
-IOT in freight transport
-Prediction to detect faults, bottlenecks, product lifetime.
-The use of IOT to analyse the data captured by the company.
-IOT for better machine efficiency: remote control, connecting machines
-Iot for greater energy efficiency in manufacturing
The companies analysed have received between 2007 and 2015 more than $1600M in alternative financing, mainly from venture capital, but in recent years we have seen a significant increase in Seed and Angels rounds, which shows that this is a sector in which new companies are being created and which still has a long way to go.
In 2015 investment in the sector has skyrocketed, the number of rounds has grown by 30% and the volume invested has grown from $106M to $211M.
Sector Funding IT Sector
Largest rounds since 2007
Telogis (In 2013, round of $93M)
Jasper (In 2012, $61M round, in total this company has done 6 rounds for $205M and in February 2016 it has been bought by Cisco).
Uptake (In 2015, round of $45M)