3 Internet Infrastructure Business Success Stories [2024]
Internet infrastructure is a collective term referring to all hardware and software systems that constitute essential components in internet operation. Common internet infrastructure includes routers, switches, hubs, bridges, gateways, load balancers, and servers.
The internet has become a critical component of every business we transact today. Its adoption is expected to continue multiplying. The new connections will require additional internet infrastructure, a trend that will create business opportunities.
Telecommunications companies have provided the infrastructure to allow data flow around the planet. Private entrepreneurs are also chipping in to help meet the demand for internet connectivity and deliver an excellent user experience.
Experts predict the network infrastructure segment will reach $191.8 billion. The largest subsegment will be the Service Provider Network Infrastructure. Therefore, starting an internet infrastructure company could be your next great business opportunity.
In this list, you'll find real-world internet infrastructure business success stories and very profitable examples of starting a internet infrastructure business that makes money.
1. KelTech IoE ($1.8M/year)
Mark Kellett, founder of KelTech IoT, came up with the idea for his business after experiencing the challenges of building advanced Telecoms and Energy Networks. He saw that the existing approaches were leading to a growth in energy and resource consumption, which inspired him to create more efficient and sustainable solutions. The company has already won accolades, including coming 1st out of 800 entrants in a Global Utility Start-up competition and being asked by Amazon to showcase their solution at the finals of their Clean Energy Accelerator.
How much money it makes: $1.8M/year
How much did it cost to start: $2M
How many people on the team: 12
KelTech IoT founder Mark Kellett shares insights on building a next-generation energy and infrastructure company bridging the energy and telecoms gap by creating more efficient and sustainable solutions as network demands increase in the age of IoT, with projected revenues expected to be greater than $100M after 5 years.
2. Fli-Fi ($360K/year)
Ashley Smith stumbled upon the idea for Fli-Fi while working as an IT support consultant. After encountering a client who needed temporary internet connectivity for their photo booth at a music festival, Ashley teamed up with the founder, Will Skewes, and saw the potential for the business to grow. With a unique product called the PaW (Portable access WiFi) and a focus on providing exceptional service, Fli-Fi has experienced triple-digit growth each year and attracted clients from various industries.
How much money it makes: $360K/year
How much did it cost to start: $5K
How many people on the team: 2
Fli-Fi is a temporary internet connectivity and WiFi company that has seen consistent triple-digit growth over the last 6 years, with more than 30 jobs and repeat business from clients who trust and rely on their great service.
3. Foundation for a Human Internet ($1.2K/year)
In 2019, Bastian, leveraging his decade-long experience in digital marketing, witnessed rampant bot-generated misinformation during Indonesia's presidential elections, inspiring him to create humanIDβan anonymous Single Sign-On solution, now supported by Harvard Business School and Mozilla.
How much money it makes: $1.2K/year
How much did it cost to start: $0
How many people on the team: 0
HumanID, a nonprofit organization dedicated to promoting online privacy and fighting fake news, has created an anonymous online and anonymous Single Sign-On (SSO) service to block spam and automated accounts, charging just 1 cent to run it, and has already attracted hundreds of users across various sites.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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