IOT Factory
IOT Factory is a privately held Belgian IoT company, founded in 2016 in Brussels, providing IoT software platforms, sensors, and solutions for smart metering and asset tracking with a small team of 1-10 employees.
- Company typePrivate
- Founded2016
- HeadquartersBrussels, Belgium
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What IOT Factory does
IOT Factory is a privately held Belgian IoT company founded in 2016 and headquartered in Brussels. According to its firmographic profile, the company offers an IoT software platform, IoT sensors, and integrated solutions targeting smart metering and asset tracking use cases. With a headcount of 1-10 employees, the firm operates as a small, specialist vendor in the European IoT market, combining a software layer with hardware (sensors) rather than being a pure-play software or hardware provider.
The available source material is highly limited. The company website (iotfactory.eu) returned only a generic loading page with no substantive content, and no product catalog, pricing model, named customers, certifications, partnerships, funding history, management team details, or geographic footprint were extractable from the input. Macro-level third-party data points to adjacent IoT verticals — Europe indoor air quality monitoring (USD 779M in 2021 projected to USD 1,321.4M by 2029) and global IoT in construction (USD 25B in 2024 projected to USD 61.7B by 2030 at a 16.3% CAGR) — but these markets cannot be attributed to IOT Factory's actual addressable market without first-party evidence.
Given the data gap, IOT Factory's business model, revenue mechanics, go-to-market strategy, and customer segmentation cannot be reliably characterized. The firmographic profile suggests a horizontal IoT platform-and-hardware combination sold to smart metering and asset tracking buyers, but specific commercial terms, deployment scale, vertical mix, and competitive positioning are unverified.
IOT Factory firmographics
Firmographics- Name
- IOT Factory
- Website
- https://iotfactory.eu
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- IOT Factory is a privately held Belgian IoT company, founded in 2016 in Brussels, providing IoT software platforms, sensors, and solutions for smart metering and asset tracking with a small team of 1-10 employees.
- Ownership category
- akta.pro rank
IOT Factory industry classification
Industry- Product category
- IoT Software Platform
- NAICS
- Computer and Peripheral Equipment Manufacturing (33411)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Asset Tracking, RTLS & Industrial Visibility (IMAIAMAE)
- akta.pro secondary industries
- Supply Chain & Warehouse Automation (Smart Logistics) (IMAIAMAJ), Water & Wastewater Utility IoT (SCADA, Leak/Quality Monitoring) (EUADAPAK)
Keywords
Where IOT Factory is headquartered
LocationHeadquarters
- HQ city
- Brussels
- HQ country
- Belgium
- HQ region
- Europe
Markets served
IOT Factory business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
IOT Factory product offering
Product offeringCore offering
IOT Factory builds and sells an IoT software platform combined with IoT sensors and integrated solutions for smart metering and asset tracking. The offering combines a software platform layer with connected sensor devices to enable organizations to monitor utility consumption and track physical assets. Solutions are packaged and delivered to business customers that require metering and asset visibility use cases.
Differentiator
Problem solved
Functional benefit
Products and services
- IoT Software Platform
- IoT Sensors
- Smart Metering Solutions
- Asset Tracking Solutions
Companies that use IOT Factory
Customer profileIdeal customer profiles1 record
IOT Factory technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IOT Factory partnerships and signals
Strategic signalScale indicators2 records
IOT Factory competitors and assessment
Company assessmentDirect peers
- Particle: IoT platform offering cellular/wifi hardware modules, a device cloud, and full-stack solutions for industrial asset monitoring and metering. Direct peer in the IoT software platform + sensors + asset-tracking/smart-metering stack.
- Sigfox: French IoT connectivity and platform provider focused on low-power wide-area networks and asset tracking/metering use cases. Directly comparable to IOT Factory as a European-headquartered IoT platform + sensors + solutions vendor for smart metering and asset tracking.
- Actility: Paris-based LoRaWAN IoT platform operator serving smart metering, asset tracking, and industrial IoT use cases. Direct peer given overlapping product scope (IoT platform, sensors, smart metering/asset tracking solutions) and European base.
- Tive: US-based asset tracking specialist combining IoT sensors and a cloud platform for supply chain visibility. Comparable to IOT Factory's asset tracking + IoT platform combination, particularly for logistics and industrial customers.
- Decentlab: Swiss IoT sensor and platform company providing wireless sensors and cloud-based asset/environmental monitoring. Direct peer as a European, smaller-scale vendor in the IoT sensors + platform + asset/environmental monitoring space.
- Sensolus: Belgian IoT startup offering low-power asset tracking sensors and a cloud platform for industrial and construction use cases. Direct peer given the same Belgian/European base, similar sub-scale profile, and overlapping IoT sensors + asset tracking + platform offering.
Broad incumbents
- Samsara: US-listed IoT leader providing connected sensors, asset tracking, and a cloud platform for industrial and fleet customers. Comparable as a much larger incumbent in the same IoT-platform-plus-sensors space targeting asset tracking and operations monitoring.
- Siemens MindSphere: Industrial IoT platform from Siemens for asset monitoring, predictive maintenance, and smart manufacturing. Comparable as a broad incumbent in the same industrial IoT / asset visibility category, though with significantly greater scale and breadth.
- Bosch IoT: Bosch's industrial IoT and sensor portfolio covering asset tracking, smart buildings, and energy monitoring. Comparable as a large incumbent offering IoT sensors, platforms, and metering/asset-tracking solutions across industrial verticals.
Emerging players
- Kuzzle: European open-source IoT and real-time backend platform used for connected device, sensor, and asset data applications. Comparable as an emerging IoT platform player that could partner with or compete against IOT Factory on the software layer of an asset tracking or metering solution.
Market position
Strengths4 records
Weaknesses4 records
Key risks4 records
Key highlights4 records
Customer concentration
IOT Factory social profiles
Digital presenceIOT Factory financial estimates
Financial estimateRevenue estimate
Valuation estimate
IOT Factory leadership team
Management profileNumber of profiles
IOT Factory funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IOT Factory M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IOT Factory
What does IOT Factory do?
IOT Factory builds and sells an IoT software platform combined with IoT sensors and integrated solutions for smart metering and asset tracking. The offering combines a software platform layer with connected sensor devices to enable organizations to monitor utility consumption and track physical assets. Solutions are packaged and delivered to business customers that require metering and asset visibility use cases.
Is IOT Factory a public or private company?
IOT Factory is a private company. It is classified as unknown and is currently operating.
When was IOT Factory founded?
IOT Factory was founded in 2016. It employs 1 to 10 people.
Where is IOT Factory based?
IOT Factory is headquartered in Brussels, Belgium, in the Europe region.
Who are IOT Factory's main competitors?
Direct peers on record are Particle, Sigfox, Actility, Tive, Decentlab and Sensolus. Broad incumbents are Samsara, Siemens MindSphere and Bosch IoT. Kuzzle is listed as an emerging player.
Does IOT Factory have an API?
No public API is recorded for IOT Factory.
What industry is IOT Factory in?
IOT Factory's product category is IoT Software Platform. Its primary akta.pro industry code is IMAIAMAE, Asset Tracking, RTLS & Industrial Visibility, with a secondary code of IMAIAMAJ, Supply Chain & Warehouse Automation (Smart Logistics). Its NAICS code is 33411 and its SIC code is 3823.