The Study On The Growth Of Listed Companies Of The Internet Of Things

Internet of things(IOT) makes a spurt process in development this century, and it is influencing intelligent transportation, intelligent medical and intelligent city. We can say that internet of things will make hundreds of millions of industrial output value in the future, since it will be a key part of future technology like the internet today. The listed companies of IOT are reprehensive in the industry. The structures of capital and talent pool of those companies are well worth our exploration. Therefore, the growth characters of those companies should be discussed in order to find some guide to the future develop pattern of IOT.In this paper, I summarized characters of listed companies of IOT from other researches at home and abroad. I defined the growth indexes of companies, and I believe that the growth indexes of companies can be used to forecast the growth ability of those companies. The growth indexes include the companies’ potential of using the resources, capacity growth, continuous and global economic growth. This paper also presented the development situation of listed companies of IOT including development scale, regional distribution, capacity growth and scale expansion. Nowadays, most listed companies of IOT are SMEs, and most of them are located in the big-four-industrial-zones. The R&D investment and scale of the industry is increasing during last years. 90% of those companies obtain continuous profit and the profit exceeds some traditional manufacturing industry. Moreover, I find that there are some other factors influencing the growth of those companies such as financial capacity, ability of science and technology innovation, ability of exploiting new markets, entrepreneurship, enterprise culture, industry outlook and regional environment. I defined an evaluation system contains 3 second-level indexes, 8 third-level indexes and 24 forth-level indexes. I calculated and ranked the growth indexes of 34 listed companies using catastrophe progression method. The result shows that(1) ability of exploiting new markers influences the growth of companies very obviously;(2) high-growth companies have advantages in R&D ability and profitability;(3) southeast littoral has more development advantage than mid-west areas. At last I give 5 suggestions for companies to improve growth:(1) improve enterprise’s science and technology innovation ability;(2) pay attention to the differentiation of product and service;(3) optimize the allocation of basic resources;(4) expand regional cooperation;(5) strengthen government’s support.