Enterprise technology is big business, and the startup sector is bustling with companies capitalising on the growth of demand for tools in the world of big data, devops, cloud, mobility, the internet of things and cybersecurity.
The latest figures from analyst house Gartner pegs worldwide IT spending at $3.76 trillion in 2019, an increase of 3.2 percent from 2018. Of that spending enterprise software spending is projected to grow 8.5 percent in 2019 and another 8.2 percent in 2020 to total $466 billion.
John-David Lovelock, research vice president at Gartner said: "Spending is moving from saturated segments such as mobile phones, PCs and on-premises data centre infrastructure to cloud services and Internet of Things (IoT) devices. IoT devices, in particular, are starting to pick up the slack from devices."
In this list we have pulled together some of the hottest startups who are building software and services aimed directly at large enterprise customers, not consumers.
Here are just some of the fastest growing enterprise startups in the world, who their customers are, funding so far and how close they might be to a 2019 initial public offering (IPO).