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Top 10 Industrial IoT Software Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 10 industrial IoT software companies with $1M–$5M in annual revenue. They have combined revenues of $27.2M and employ 225 people. They serve 100 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
10
Revenue
$27.2M
Funding
-
Employees
225

Filters

Sorting: Highest -> Lowest

Filters

Top Industrial IoT Software Companies With $1M–$5M Revenue

Showing 10 of 10 companies ranked by annual revenue.

1Factana® - Industry Solution Provider logo
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
2Spindle logo
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
3UKB IT Solutions logo
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
4EZSoft, Inc. logo
EZSoft, Inc.

Malvern, Pennsylvania, United States

EZSoft is a leading provider of Information and Control Systems for the process industries. We provide full vertical integration from the Process Layer to the Manufacturing Operations Layer to the Enterprise Layer and horizontal integration across the Manufacturing Supply Chain. We create component based solutions that enable our customers to control and optimize their manufacturing processes while at the same time deliver timely historical and time based data to the process, operations and enterprise levels in the organization. With the goal to shorten the Supply Chain and embrace a make to order philosophy EZSoft has created a suite of Tools and Products that enable Companies to achieve that vision. Our Tools and Products are developed based on the ISA-88 and ISA-95 standards. These Standards facilitate our component based strategy which allows us to be extremely efficient in the delivery cycle.

Revenue
$3.2M
Year founded
1998
Team size
29
5Tempestive logo
Tempestive

Pordenone, Friuli-venezia Giulia, Italy

INNOVATION UNLIMITED nuboj internet of things, reamplia augmented reality, enterprise asset management, system integration.

Revenue
$2.9M
Customers
100
Year founded
1997
Team size
32
6Actyx logo
Actyx

Munich, Bayern, Germany

Developer of a full-service software that makes factory software simpler. The company's software specializes in providing software analysis, implementation and installation in 8 weeks, facilitates seamless integration, 24x7 enterprise support and fully managed operation, enabling factories to carry out their work safely and reliably.

Revenue
$2M
Year founded
2016
Team size
7
7Vertec logo
Vertec

Kansas City, MO, United States

Vertec is a Next-Generation Industrial Technology company focused on helping manufacturers modernize their operations through technology, systems, and processes

Revenue
$2M
Year founded
2023
Team size
18
8Productoo logo
Productoo

Prague, Prague, Czech Republic

Productoo is revolutionizing the manufacturing industry with its cutting-edge Industry 4.0 solutions, providing smart factory software that is trusted by Fortune 500 companies globally. By harnessing the power of digitization, Productoo offers tools for production tracking, planning, execution, internal logistics, maintenance management, and digital twin technologies. These solutions promise significant time and cost savings, rapid ROI, and enhanced production efficiency. Productoo's mission is to disrupt traditional manufacturing processes, offering agile and scalable software solutions that meet the evolving needs of modern manufacturers, aiming for a future where businesses are more connected, efficient, and sustainable.

Revenue
$1.9M
Year founded
2014
Team size
17
9AIMSCO logo
AIMSCO

Chapel Hill, North Carolina, United States

Operator of production operations and quality management platform intended to support the operational needs of industrial and manufacturing organizations of all sizes. The company's production operations and quality management platform integrates shop floor operators and enterprise systems with an easy-to-use platform deployed across cloud, on-premise and mobile components, enabling manufacturers to increase revenue and profitability by improving production operations and quality.

Revenue
$1.7M
Year founded
1997
Team size
9
10Workheld logo
Workheld

Vienna, Wien, Austria

Workheld combines digital workflows with remote support via data glasses or video calls in one platform. With endless integration options to ERP, PLM and IoT, technicians, workers and engineers are ideally supported in the field and documentation is automated. Individual branding and customising make Workheld the one and only platform for our customers' manufacturing, assembly, service and maintenance processes.

Revenue
$1.4M
Year founded
2015
Team size
13

Frequently asked questions about Industrial IoT Software Companies With $1M–$5M Revenue

How many industrial IoT software companies with $1M–$5M in annual revenue are there?

Latka tracks 10 industrial IoT software companies with $1M–$5M in annual revenue. Together they generate $27.2M in annual revenue and employ 225 people.

Which industrial IoT software company with $1M–$5M in annual revenue is the largest?

Factana® - Industry Solution Provider is the largest, with $4.7M in annual revenue, founded in 2017.

How much revenue does a typical industrial IoT software company with $1M–$5M in annual revenue make?

The average industrial IoT software company in this list makes $2.7M a year, across 10 companies with reported revenue. They serve 100 customers combined.

Who are the leading Industrial IoT software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Factana® - Industry Solution Provider, Spindle, UKB IT Solutions, EZSoft, Inc. and Tempestive.

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.