Internet of Things (IoT) devices are becoming a crucial part of operational infrastructure across industries, alongside low-latency 5G networks. However, businesses are still unable to leverage near real-time data processing as the artificial intelligence (AI) and machine learning loads run over the cloud. To address this issue, new AIoT companies offer chips and systems that move processing to the edge and reduce data processing loads over the network.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the AIoT industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest AIoT Trends: The emerging AIoT trends include edge AI, lightweight models, 5G connectivity as well as security & privacy enhancements.
- AIoT Industry Stats: The global AIoT sector encompasses 1.4K+ organizations and has a massive 110.9K workforce. It is experiencing a 12.81% annual growth rate and has seen the emergence of 300+ new artificial intelligence of things companies in the past five years.
- 10 Top AIoT Companies to Watch:
- m’AI Touch Technology – Motion-based Contactless Device
- Moon Innovations – Edge-Cloud-based AIoT
- easemyai – No-Code AIoT Ecosystem
- Aritium Technologies – AIoT-driven Process Automation
- iCHASE – Poultry Health Monitoring
- AItoAir – Edge AI Development Platform
- Fogsphere – Computer Vision Models
- APLUX – AIoT App Development & Deployment
- Coderitter – Sensor-based Machine Monitoring
- SmartLight.ai – TinyML-powered Optical Sensors
Discover 10 out of 300+ Emerging AIoT Companies
In this section, we highlight 10 emerging AIoT companies enabling real-time decision-making across industries. These companies leverage technologies like tinyML, low-latency networks, and edge computing to automate processes, monitor assets, and increase safety. Read on to explore these emerging technologies and much more in detail!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. m’AI Touch Technology
- Founding Year: 2023
- Employee Range: 2-10
- Location: Taiwan
- Signal Strength: Medium
- What they do: m’AI Touch Technology develops a motion-based AI contactless device that triggers buttons without physical touch. It combines AI and IoT to enable touchless interactions in lifts. Infrared sensors lack sensitivity while voice recognition technologies are limited by accents and there is a risk of droplet spread. On the other hand, the company’s AIoT solution is highly sensitive and mitigates accidental triggers and the need for frequent disinfection efforts, increasing safety in public areas.
2. Moon Innovations
- Founding Year: 2022
- Employee Range: 2-10
- Location: Nigeria
- Signal Strength: Very Strong
- What they do: Moon Innovations offers AIoT through its edge-cloud technology. The company makes a system that features a smart inverter and a security surveillance solution. It also utilizes AI to optimize energy management as well as implement facial and person recognition. This way, Moon Innovations enables sustainable electricity management and increases home and business safety.
3. easemyai
- Founding Year: 2019
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: easemyai provides a no-code AIoT ecosystem that allows businesses to develop and deploy automation tools. The company’s AIoT deployment platform allows organizations to connect IoT devices, PLC, SCADA, and other hardware to build customized automation pipelines. Its AI model training platform further automates business data annotation, allowing non-technical professionals to develop AI. Additionally, easemyai offers a cloud-based marketplace featuring various AIoT industrial solutions. This mitigates in-house product development while automating quality control, industrial safety, intrusion detection, visual inspections, and more.
4. Aritium Technologies
- Founding Year: 2021
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Very Strong
- What they do: Aritium Technologies’ platform combines IoT and AI to automate processes. The company’s IoT solution enables real-time data acquisition while its AI detects patterns and predicts future behavior from the collected data. Through this approach, Aritium Technologies optimizes operations in hospitals, factories, cities, and agriculture. For example, the company’s platform monitors hospital assets like respirators and electromedical equipment while it finds use in agriculture to continuously monitor crop conditions.
5. iCHASE
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium Strong
- What they do: iCHASE facilitates poultry health monitoring using AIoT. The company’s solution combines computer vision, electronic weighing machines, and machine learning-powered control software. It allows farm managers to monitor poultry birds’ weight, activity, and maturity. The company also develops an outside shed deterrence system that tracks foreign birds and guides a laser to deter the birds away. This way, iCHASE enables poultry farms to increase biosecurity.
6. AItoAir
- Founding Year: 2021
- Employee Range: 2-10
- Location: Japan
- Signal Strength: Medium Strong
- What they do: AItoAir develops an edge AI development platform. It allows businesses to collect real-world data using edge devices or import proprietary datasets and enables team members to collaborate to speed up data labeling. Further, the platform trains AI models quickly and returns embeddable models. Companies deploy it in computing hardware to enable AI processing at the edge, reducing development time and costs. For instance, manufacturers use it to build visual inspection and predictive maintenance systems while wearable companies leverage it to enable real-time health tracking.
7. Fogsphere
- Founding Year: 2021
- Employee Range: 11-50
- Location: UK
- Signal Strength: Medium Strong
- What they do: Fogsphere offers proprietary computer vision models to improve worker safety. The company’s platform combines AI and IoT to flag safety issues and quickly react to risks. Retail companies leverage this platform to monitor in-store hazards while it monitors the real-time exposure of workers to harmful substances in the chemical industry. In the manufacturing and construction industries, the platform monitors equipment and offers workers real-time safety alerts.
8. APLUX
- Founding Year: 2020
- Employee Range: 50-100
- Location: China
- Signal Strength: Medium Strong
- What they do: APLUX makes AidLux, an AIoT application development and deployment platform. Its fusion system provides Android and native Linux API calls without virtualization. The platform also supports kernel-level mutual access calls and reduces the adaptation cost for dual ecological applications. Further, it supports various AIoT interfaces like Arduino, RS232, 4G/5G, robotic arms, and more as well as is deployable in ARM64-bit smart devices. Moreover, the platform provides CPU+GPU+NPU intelligent acceleration to improve AI model performance in image classification, object detection, semantic segmentation, and more. APLUX’s technology finds applications in the industrial inspection, robotics, and education industries.
9. Coderitter
- Founding Year: 2020
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Strong
- What they do: Coderitter provides a sensor-based machine monitoring solution. This autonomous AIoT solution performs data collection, processing, evaluation, and interpretation at the edge. This enables quick integration with existing systems and minimizes error sources. As a result, manufacturers are able to ensure data security by keeping data analysis on-site while extending asset life and reducing downtimes with predictive maintenance.
10. SmartLight.ai
- Founding Year: 2020
- Employee Range: 2-10
- Location: UK
- Signal Strength: Medium Strong
- What they do: SmartLight.ai uses optical sensors with tinyML computer vision to enable smart lighting. The company’s solution leverages AI-accelerated microcontrollers and a low-cost cellular connection to AWS IoT Core to detect people and vehicles in real time. This enables local authorities to optimize public infrastructure with dynamic lighting that illuminates roads based on occupancy, reducing costs.
Quick Tip to Find New AIoT Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new AIoT companies provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying AIoT innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the AIoT industry. The platform keeps you informed with near real-time updates on emerging AIoT companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the AIoT sector, such as no-code AIoT platforms, smart inverters, and real-time health monitoring. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New AIoT Companies?
This overview highlights just a few AIoT solutions from all 300+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview.
