Zinnov names Aricent a leader in IoT

Aricent, a global design and engineering company, has announced that for the second year running, the company has been recognized among the leading players in the IoT market by Zinnov. The Zinnov Zones 2017 IoT Technology Services report classed Aricent in the leadership zone in five major industry categories that underline the company’s rich heritage in innovation and design. The categories are Advisory & Consulting, Product Engineering, Platform & Application, Communications and Sensors & Devices.

The IoT market is growing at a phenomenal rate. Zinnov research found that enterprises globally have spent $140 billion on IoT technology products and services. Zinnov forecasts the global IoT market will post an average 18% compounded annual growth rate, reaching $322 billion in 2022.

Recognizing Aricent’s strong performance across multiple IoT verticals, Zinnov placed the company in the execution zone in four major industry categories: System Integration, Managed Services, Big Data Management and Analytics Services. Aricent’s IoT focus has been towards acceleration of product re-invention, digitization and smart services for focus industries through a unique Design-Integrated Engineering approach that brings together deep expertise across service lines and technology expertise in artificial intelligence, machine learning, security, data science and more.

Frank Kern, Aricent CEO said, “Our R&D investments and deep understanding of IoT have helped us maintain our position as a market leader. Aricent delivers value and expertise to clients at every step of their IoT journey, from ideation to design and development to product realization.”