With the rapid development of Internet of Things (IoT) technology in recent years, iot investments have attracted more and more attention. However, for retail investors, it is not easy to obtain a free list of iot investment options. This article will provide an overview of iot investment trends in 2020 based on information gathered from GitHub, one of the most popular open source code hosting platforms.
Enterprise iot investments focus on industrial applications
According to a 2020 iot investment report from GitHub users, most corporate venture capital funds and global manufacturers like GE, Bosch, Siemens, and ABB are actively making iot investments with a focus on industrial use cases, smart manufacturing, predictive maintenance, asset tracking solutions, and supply chain optimization. These areas are expected to see strong continued growth.
Venture capital favors AI and IoT combination business models
Venture capital investment in AI and IoT combination business models is very active. Typical cases include applying computer vision, deep learning and other technologies to IoT device data analysis to create value-added services. GitHub data shows top funded areas include smart city solutions, autonomous vehicles, precision agriculture, etc.
Open source IoT solutions can lower the barrier for startups
Leveraging open source hardware/software solutions like Arduino, Raspberry Pi, and open source IoT cloud platforms allows startups and makers to rapidly validate and prototype IoT solutions with much lower costs. This fits nicely with the lean startup methodology popularized in modern hardware entrepreneurship.
Trends and opportunities remain despite 2020 pandemic
Despite the economic slowdown in 2020, the GitHub report suggests IoT and related investments held steady, showing the long-term resiliency and growth opportunities. Falling sensor and connectivity costs, rising demand for automation, and new 5G applications will continue enabling the growth of IoT well into the future across consumer and industrial use cases.
In summary, the 2020 GitHub analysis provides valuable insights into enterprise and startup investor interests related to the Internet of Things space. While the market demand remains robust over the long-term, open platforms and leverage of latest software/hardware technologies will be key enablers for organizations aiming to capitalize on the IoT opportunity.