10 Most Promising Proximity Technology Solution Providers -2018

Bolstered by the emerging technologies of Internet of Things (IoT) which largely relies on sensor-based measurements for analysis and decision making, Proximity Technology has been deemed as the next big thing. Estimated to grow to a staggering USD 3.7 Billion by 2020, Proximity technology driven sensors have been found to be of great value in the industrial ecosystem where its ability to stand strong against extreme conditions of temperature, humidity, and in chemical processing applications has been game changing. Another vertical that has been completely disrupted by the technology is marketing. More and more marketers have been moving forward to harness the power of this technology in a bid to better target customers with relevant messages while gaining a better insight into customer behaviour. Research reveals that 50 percent of organizations connected to retail, shopping malls, hotels and tourism, airports or sports stadium have already integrated some form of proximity technology in their eff orts to reach out to the customers. Forecasted to touch USD 52 Billion mark by 2023, the proximity marketing can be expected to only grow in importance.

In the light of these trends, CIOReview India brings to you the list of “10 Most Promising Proximity Technology Solution Providers 2018”. A distinguished panel of CEOs, CIOs, industry analysts and the CIOReview India Editorial Team have closely scrutinized and nominated the vendors who have captured our attention with their relentless strive for excellence and domain expertise, closing in the various gaps that exist in this developing market while enabling organizations leverage Proximity Technology for enhanced productivity.

We present to you CIOTechOutlook 10 Most Promising Proximity Technology Solution Providers -2018.