As of August 2026, Latka tracks 2 IoT device management platforms companies with $100M+ in annual revenue. They have combined revenues of $699M and employ 6K people. They have raised $1.5B.
Every company below sells IoT device management platforms 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.
IoT Device Management Platforms are essential solutions designed to monitor, manage, and control a variety of connected devices within the Internet of Things ecosystem. These platforms allow organizations to track device health, deploy software updates, and ensure security compliance across a network of devices. With a focus on automation and centralized control, they also enable efficient device provisioning, configuration, and troubleshooting. Typical features of these platforms include remote access, device analytics, firmware management, and security functionalities, such as authentication and encryption. Common user personas for these solutions include IT administrators responsible for maintaining device integrity, operations managers overseeing large fleets of devices, and developers looking to integrate IoT functionality into applications. As organizations increasingly adopt IoT technology, these tools play a vital role in optimizing device performance and reliability.
Sorting: Highest -> Lowest
Showing 2 of 2 companies ranked by annual revenue.
San Francisco, California, United States
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.
Beijing, China
G7 Networks is a fleet management service provider in China that offers IoT/AI services to over 800,000 vehicles, serving sectors within the logistics and transportation industry.
Latka tracks 2 IoT device management platforms companies with $100M+ in annual revenue. Together they generate $699M in annual revenue and employ 6K people.
Motive is the largest, with $549M in annual revenue, founded in 2013.
The average IoT device management platforms company in this list makes $349.5M a year, across 2 companies with reported revenue.
Ranked by annual revenue, the leaders are Motive and G7 Networks.
The 2 IoT device management platforms companies with $100M+ in annual revenue tracked here have raised $1.5B in disclosed funding between them.
- The product must enable remote monitoring and management of connected IoT devices. - It should provide capabilities for provisioning and configuring new devices. - The platform should facilitate firmware updates and security patch management. - The solution must include analytics features to assess device performance and health. - It should support secure communication channels for device interactions. - Not just basic device connectivity; must also include advanced troubleshooting and diagnostics capabilities.
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