IOT investment in manufacturing grows
17/02/2016
Diego Gutiérrez
IOT investment in manufacturing grows
From our business unit Logic-fin, we have detected that the use of the internet of things in the manufacturing sector is a market that is growing considerably and presents many opportunities that are now coming to light and that is why we have carried out a study of the sector. 

If you want to get the whole study  click here

 

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

Pitango Venture Capital (AeroScout, Kilopass, Red Bend Software)

GE Ventures (Bit Stew Systems, Cirro, Maana, Predixion Software, Rethink Robotics)

Intel Capital (AeroScout, Arrayent, Impinj, Maana, Saffron technologies)

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)

Other posts that may interest you

Big data & analytics companies in the manufacturing sector

The use of augmented reality in the industrial sector

Cybersecurity market trends

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