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Bringing unprecedented levels of connectivity, today Internet of Things (IoT) takes the center stage on a global scale. It renders not only connected devices but also major advantages such as increased business opportunities, ameliorated productivity, enhanced asset utilization, apparent cost saving, and improved safety as well as security. It is anticipated that the worldwide IoT market is going to hit US$1490.31 billion by 2024. In this day and age, IoT has an enormous impact on every sector of the global economy, right from agriculture and energy to manufacturing, healthcare, and transportation. Most importantly, around the world, traditional manufacturing industry is on the cusp of transformation and IoT helps pave the way for smart manufacturing or Industry 4.0. Nowadays, IoT based technologies bolster organizations to build smarter, safer and environmentally sustainable factories. In essence, this new interconnection of technology is heralding next industrial revolution. As per a new report by Grand View Research, Inc., the global industrial IoT (IIoT) market is expected to reach USD 933.62 billion by 2025. Leveraging new trends in IoT such as blockchain, SaaS, and cognitive computing, today many startups introduce cutting-edge IoT solutions and reinforce enterprises to uncover new insights for transforming their business. To support enterprises in getting a handle on diversified IoT solutions, best of breed vendors and latest trends in this space, CIOReview steps forward with “20 Most Promising IoT Startups 2018” in this edition. A distinguished panel comprising of CEOs, CIOs, industry analysts and CIOReview editorial team have scrutinized various companies before finalizing these IoT solution providers who aid enterprises to reap remarkable business success like never before.