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Top 3 Industrial IoT Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 3 industrial IoT software companies with $5M–$10M in annual revenue. They have combined revenues of $19.6M and employ 156 people. They serve 1K 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
3
Revenue
$19.6M
Funding
-
Employees
156

Filters

Sorting: Highest -> Lowest

Filters
Revenue
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Top Industrial IoT Software Companies With $5M–$10M Revenue

Showing 3 of 3 companies ranked by annual revenue.

1VKS - Visual Knowledge Share logo
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
2XMpro logo
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
3RARR Technologies Pvt. Ltd. logo
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

Frequently asked questions about Industrial IoT Software Companies With $5M–$10M Revenue

How many industrial IoT software companies with $5M–$10M in annual revenue are there?

Latka tracks 3 industrial IoT software companies with $5M–$10M in annual revenue. Together they generate $19.6M in annual revenue and employ 156 people.

Which industrial IoT software company with $5M–$10M in annual revenue is the largest?

VKS - Visual Knowledge Share is the largest, with $7M in annual revenue, founded in 2013.

How much revenue does a typical industrial IoT software company with $5M–$10M in annual revenue make?

The average industrial IoT software company in this list makes $6.5M a year, across 3 companies with reported revenue. They serve 1K customers combined.

Who are the leading Industrial IoT software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are VKS - Visual Knowledge Share, XMpro and RARR Technologies Pvt. Ltd..

Related ERP Software categories

All ERP Software SaaS categoriesEvery category we track inside ERP Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Industrial IoT to everything else.

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.