by Angela Guess

According to a recent press release, “The Illinois Technology Association (ITA) today announced the release of the fourth edition of the Midwest IoT Inventory Report: the report that catalogs and categorizes Internet of Things (IoT) companies in the Midwest. The Inventory was created by the ITA’s IoT Council to formalize and visualize IoT’s expanding presence in the Midwest. The latest edition of the Inventory includes over 145 companies, up from 120 in the June 2017 edition. New companies were added that have recently raised their profile and presence in the IoT market by establishing a clear commitment to creating, selling or implementing IoT solutions. Companies in the Inventory range from those founded in the past few years and with fewer than 50 employees, to others with more than 10,000 employees and a strong presence in Illinois since the late 1960s.”

The release goes on, “24 new companies were added to the Inventory since the third release in June 2017. Additionally, this edition brings renowned regional universities to the forefront by highlighting innovative IoT companies that have emerged from these institutions for the first time… ‘The IoT Council has hit its stride with the tremendous growth in the sector all the while bringing immense awareness to the Midwest as an epicenter of IoT innovation,’ said Julia Kanouse, CEO, ITA. ‘The addition of 24 new companies to the inventory signaling over 20% growth in less than three months and the incorporation of our Midwestern university-born IoT leaders in this release are both confirmation that IoT has taken flight here in Illinois and beyond’.”

Read more at Marketwired.

Photo credit: ITA