April 14, 2016
Today, the Illinois Technology Association (ITA) announced the launch of a landmark report – the Internet of Things (IoT) Midwest Landscape. This inventory is the first of its kind, and will mark the first organized system to categorize and possibly expand the number of Midwestern digital-based companies.
The Inventory comes with 75 companies catalogued, all with an “established commitment to creating, selling, or implementing IoT solutions”. They range in years established (from new initiatives to decades-old) and employ over 10,000 workers into the tech field. ITA CEO, Fred Hoch, had the following to say in a statement:
“It is our belief that Midwest is uniquely positioned to take a leadership role in IoT, more so than any other platform shift of the past 20 years. With its established connections to manufacturing, transportation, agriculture, software, and analytics tools, the region has the necessary infrastructure to nurture the IoT movement into a dominant force in the tech industry. The depth and breadth of the Inventory proves that the Midwest can take the IoT revolution far beyond consumer products to exploit the true power and scope of IoT.”
To be considered for inclusion in the Inventory, companies had to meet one of two geographical criteria, either: 1) be headquartered in Chicagoland or the Midwest; 2) have a primary IoT facility or a significant employee population and customer base in Chicagoland or the Midwest.
With the Inventory shifting how digital-based businesses are categorized, there’s hope that this will be able to attract more startups based in the Midwest and Chicago area to adopt similar practices.
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