The most powerful internet of things (IoT) companies to watch

Billions of connected devices means billions in revenue for these companies.

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The internet of things (IoT) has advanced well beyond science fiction status – steadily infiltrating factories, homes and businesses all over the world.

Smart home technology is already making its mark, but smart cities and smart businesses are also on the rise. It's obvious why technology giants across the world have doubled down on developing IoT technology. 

Here are some of the most exciting heavy hitters experimenting with IoT right now.