- Revenue
- $115.1M
- Customers
- 650
- Year founded
- 1995
- Funding
- $17.6M
- Team size
- 464
Top 20 Industrial IoT Software Companies (August 2026)
As of August 2026, Latka tracks 20 industrial IoT software companies. They have combined revenues of $214.3M and employ 1K people. They have raised $39.9M and serve 1.9K customers combined.
Every company below sells industrial IoT software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What Industrial IoT Software Companies do
Industrial IoT Software encompasses a range of technologies that enable devices and systems to connect, communicate, and analyze data within industrial environments. This category includes applications for automation, remote monitoring, predictive maintenance, and operational efficiency, leveraging data from sensors and other devices in real-time. The primary use cases for Industrial IoT Software include monitoring equipment conditions, optimizing supply chains, and enhancing safety protocols. Key features often found in these solutions are data acquisition, analytics, visualization dashboards, and integration capabilities with existing enterprise systems. Typical users of these solutions include operations managers, IT professionals, and process engineers who seek to improve productivity and reduce downtime. Finding efficiencies and innovations in manufacturing, energy management, and transportation are common goals for organizations adopting Industrial IoT Software. Compliance with industry standards and the ability to ensure data security are critical considerations for users in these sectors, as they transition to a more connected and intelligent infrastructure.
- Companies
- 20
- Revenue
- $214.3M
- Funding
- $39.9M
- Employees
- 1K
Filters
Sorting: Highest -> Lowest
Top Industrial IoT Software Companies by revenue
Showing 10 of 20 companies ranked by annual revenue.
- Revenue
- $25M
- Customers
- 180
- Year founded
- 2019
- Funding
- $6M
- Team size
- 34
3
Operations1
Frankfurt, Germany
Operations1 provides a solution for intuitive worker guidance and connects the organization in manufacturing companies.
- Revenue
- $15M
- Year founded
- 2017
- Funding
- $16.3M
- Team size
- 43
4
Parsec Automation
Anaheim, California, United States
Parsec Automation, LLC is the developer of TrakSYS™, the leading real-time operations & performance management software, focusing on simplifying manufacturing operations.
- Revenue
- $11M
- Year founded
- 1987
- Team size
- 76
5
VKS - Visual Knowledge Share
Chateauguay, Quebec, Canada
We are an innovative manufacturing software company based out of the greater Montreal area (Châteauguay) with customers in over 30 countries. Visual Knowledge Share Ltd. has created an innovative Electronic Work Instruction solution developed to empower the manufacturing workforce. This solution helps shop floor employees share knowledge and best practices through easy to use visual work instructions. Our software enables employees to improve their productivity, efficiency, and work quality, thereby giving them an increased feeling of accomplishment and satisfaction. Thanks to our software, manufacturing companies in many different industries such as rail, automotive, aerospace, medical and more, are empowering their employees with the tools they need to succeed. At VKS, we work at a fast pace on an awesome product that’s constantly evolving and improving. Our outstanding team works in a respectful and healthy environment with many activities ranging from beach volleyball and hockey to circuit training, yoga classes and more! Work hard - play hard is our motto! Visit our website: https://vksapp.com/
- Revenue
- $7M
- Year founded
- 2013
- Team size
- 64
6
XMpro
Dallas, Texas, United States
Provider of a business process management platform designed to transform business processes. The company's platform integrates IoT technology with business workflows to enhance operational capabilities, enabling businesses get real-time visibility into operations and respond faster to critical events.
- Revenue
- $6.7M
- Customers
- 1K
- Year founded
- 2009
- Team size
- 39
7
RARR Technologies Pvt. Ltd.
Faridabad, Haryana, India
RARR Technologies Pvt. Ltd. is aggressively positioning itself as a key player in providing key software solutions to MSMEs. Its Industry 4.0 inclined Cloud ERP, IIoT Test Bench, Management Dashboard, Audit Framework, and Lead Management and Allocation framework are easy to use and affordable IT solutions for Micro/Small/Medium Level Industries. RARR Technologies is a team of highly experienced professionals for Database Architecture, Design, Web & Mobile Applications, IoT, and AI/ML-based applications.
- Revenue
- $5.8M
- Year founded
- 2018
- Team size
- 53
8
Factana® - Industry Solution Provider
Warrenville, Illinois, United States
We are a Industrial Software company with mission of helping small, medium and large enterprises to attain industry transformation by leveraging deep technologies. We are operating through our brands Fogwing and FCS Digita. Fogwing Industrial Cloud is the smart manufacturing platform offering smart maintenance, smart production and smart quality check software using IIoT, AI and Computer Vision technologies. FCS digita is our customer consulting division helping enterprise customers in strategy, implementation and scalability services. FCS Digita offers implementation services for ERP / MRP, IT / OT integration, enterprise application integration, mobile development, custom IoT development, Gen AI and LLM implementation.
- Revenue
- $4.7M
- Year founded
- 2017
- Team size
- 43
9
Spindle
Woodridge, Illinois, United States
We believe every company should have real-time visibility into the heartbeat of their operations and we've built the technology to make it happen. Spindle is a technology company that builds the infrastructure for laundries to measure and improve all aspects of their operations. Businesses of every size use our software to collect data and manage their plants more effectively. As a trusted partner to hundreds of laundries throughout the world - we have invested in the resources, the technology, and the experts to help our client's transform their operations and achieve their goals of leading their industries.
- Revenue
- $4.1M
- Year founded
- 2007
- Team size
- 37
10
UKB IT Solutions
Hyderabad, Telangana, India
UKB IT Solutions Pvt Ltd is an Information Technology company that offers services in SAP ERP, IoT, Analytics, and AMS. They provide solutions and services to clients in India.
- Revenue
- $3.3M
- Year founded
- 2013
- Team size
- 20
Frequently asked questions about Industrial IoT Software Companies
How many industrial IoT software companies are there?
Latka tracks 20 industrial IoT software companies with reported revenue. Together they generate $214.3M in annual revenue and employ 1K people.
Which industrial IoT software company is the largest?
Plex Systems Inc is the largest, with $115.1M in annual revenue, founded in 1995.
How much revenue does a typical industrial IoT software company make?
The average industrial IoT software company in this list makes $10.7M a year, across 20 companies with reported revenue. They serve 1.9K customers combined.
Who are the leading Industrial IoT software vendors?
Ranked by annual revenue, the leaders are Plex Systems Inc, OSS Ventures, Operations1, Parsec Automation and VKS - Visual Knowledge Share.
How much funding have industrial IoT software companies raised?
The 20 industrial IoT software companies tracked here have raised $39.9M in disclosed funding between them.
Related ERP Software categories
Inclusion Criteria
- Must provide real-time data collection and analysis capabilities. - Should support integration with a variety of industrial sensors and devices. - Must include tools for predictive maintenance and performance optimization. - Should allow for remote monitoring and management of equipment. - Must facilitate compliance with relevant industry standards and regulations. - Not just for data visualization; must also enable actionable insights based on data analytics.