Iot Platforms Market Study Providing Information On Top Key Players

This is just one example of how these industries might use IoT platforms. Companies in the healthcare, hospitable, retail, and travel areas utilize IoT platforms to provide and improve customer service experiences. Using an IoT platform allows these companies to provide personalized services and reduce stress levels in interactions between customers and the company. But you’ve been asked to develop an IoT platform, one that will allow your company and clients to streamline their IoT device management. KEB IIoT products are flexible and versatile solutions, bringing remote access to machine builders all over the world. EMobility vehicles and equipment, including trucks, buses, or farming equipment.

Other features include a rule engine, system analytics, and alerts for any anomalies detected in your IoT solution. At this level, the best platforms are flexible enough to allow users to add their own industry-specific components and third-party applications. Historically, IoT platforms originated as middleware, responsible for acting as a mediator between the hardware and application layers of an IoT network. Primary functions in this regard included collecting data from IoT devices via different protocols and network topologies, remote device configuration and control, device management, and over-the-air or OTA firmware updates. An IoT platform built on IBM Cloud is a fully managed cloud service for device management, flexible and scalable connectivity options, secure communications and data lifecycle management. With IBM Watson IoT, you can collect insights from automobiles, buildings, equipment, assets and things.

  • For the past 30 years,MES, or manufacturing execution systems, have been the traditional way to streamline operations all the way down to the shop floor.
  • It provides services with effective data and voice connectivity, a reliable SIM lifecycle, proficient IP session control, and a customizable billing system.
  • It can run on Raspberry Pi, and further 60,000 modules are accessible to increase its facilities.
  • Each vertical can create its custom solution by creating a segmented and inefficient model for operation and development.
  • Over the past few years, the tides have turned and the industry as a whole is moving towards implementing a Linux Operating System, which provides more flexibility in controlling your IoT devices.

Top companies have hundreds of developers working on enhancements and new functionality. The gap you are experiencing might be covered in the next release, not to mention the new functionality, partners, and tools they’ll continue to provide throughout the years. IoT platform vendors have large teams of developers improving features, fixing bugs, and making sure their offering is rock solid. That is their business, so it makes sense for them to invest in it. By leveraging their work, the quality and stability of your product will ride the wave of their investment. IoT is so big that there’s no way a single company can dominate it all.

For this stage, you can also leverage hardware components like Arduino, Beagle Bone, Raspberry Pi, or the OEM version of CompactRIO as the core of your device. Your hardware engineering team can use these building blocks as part of your own custom hardware to create a semi-custom IoT device. As you approach product-market fit, you might need to develop increasingly customized IoT devices that more closely resemble the functionality and form-factor of your final product.

For instance, APIs that support the management of cellular connections supported by a third-party Connectivity Enablement Platform . Companies such as CSPs, smart city, and smart energy integrators will typically utilize a large-scale IoT cloud solution. With an IoT platform, these companies can develop customizable IoT infrastructures that deliver different services for customers, companies focused on public services, as well as large corporations.

Understand The Various Categories Of Iot Platforms

It is effectively applicable for distantly located devices that are connected in a dual way or direct cloud services. It is equipment with components to build and manage the IoT application. At Upswift, we specialize in providing IoT platforms to assist in the management of your Linux device management. These embedded devices used to run on C based firmware or a form of RTOS (real-time operating systems). Fully Customizable – probably one of the most important factors for delivery speed is having an IoT platform that is customizable and flexible with API integrations, loose coupling of components on the platform along with source code transparency. If small-scale, an undemanding IoT solution that has good APIs is often enough.

what are iot platforms

“An IoT platform manages the devices across geographies and multiple systems. It’s multiple layers of software that makes it seem like it’s one level.” Now, organizations can use IoT platforms from Microsoft, AWS, Google and other vendors instead of building their own, giving enterprise what are iot platforms IoT engineers the ability to stand up the technology in mere days. When leading-edge organizations first started to scale their IoT initiatives, some developed and deployed their own code to manage the endpoint devices and generate data as it moved from device to cloud.

Bosch Iot Suite:

Thank you very much, your blog have been useful and really clear. Looking forward for more information, please contact me if you could come to Mexico and share with us your knowledge and experience. It’ll require you to work closely with various groups in your company, including Engineering, UX, Data Science, Finance, and more. Trusting the core of your product to an unknown company might backfire. Make sure you evaluate their reputation, stability, financials, and track record.

If you are seeking to make a computer that can perceive and exercise stronger control over the real world when related to your ordinary stand-alone computer, then Arduino can be your wise preference. Flow editor for data processing, and a WHEN-THEN and a Groovy UI for event-based rules. The Internet of Things is the future of technology that helps Artificial intelligence to regulate and understand things in a considerably stronger way. A copywriter at SaM Solutions, Natallia is devoted to her motto — to write simply and clearly about complicated things. Backed up with a 5-year experience in copywriting, she creates informative but exciting articles on high technologies.

There are hundreds of options and vendors at each layer of the IoT Technology Stack. You’ll need to do your research to determine the best option for you. The IoT device platforms you’ll encounter at this stage, usually come directly from chip manufacturers such as Intel, ARM, Nordic, and Xilinx. Selecting the right IoT device platform depends on where you are in the IoT product adoption curve. Given this complexity, it is not likely that you’ll find one single IoT platform that covers all areas of the IoT technology stack. Therefore, you will need a few different types of IoT platforms to cover the whole spectrum.

With all the varying kinds of hardware and the different connectivity options, there needs to be a way of making everything work together. SAP is a company which has been creating digital twins of business processes for 45 years now. Our Leonardo platform is designed specifically to take the information from the Things, and to enhance an organisation’s processes with the insights gained from them. By outsourcing non-core areas of your product to an IoT platform, you’ll reduce risk, minimize cost, improve quality, and accelerate your time to market. But in the long run, these expenses are small compared to what it’ll cost you to build your own.

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It’s important to understand that many companies aren’t using IoT platforms—they’re developing their own platforms in-house. But, depending on how you want to go to market, it may be smart to research pre-built options. Depending on your situation, you may save a lot of time and money by partnering with one of these platforms. The hardware needs a way to transmit all that data to the cloud (e.g. sending moisture data) or needs a way to receive commands from the cloud (e.g. water the crops now).

In 2019, Telit sold its automotive business segment to TUS International, while French aerospace supplier Thales acquired Gemalto. In 2020, Sierra Wireless sold its automotive business segment to Rolling Wireless. In July 2022, Telit and Thales jointly announced the formation of Telit Cinterion, with Thales holding a 25% stake in Telit Cinterion. Telit Cinterion plans to spin off the automotive IoT unit again after completing the merger. In August 2022, semiconductor company Semtech announced its intent to acquire Sierra Wireless. The announcement raised many eyebrows in the industry as Semtech had advocated for unlicensed low-power wide-area standard LoRA for a long time.

what are iot platforms

We think that the AEP platform capabilities offered by vendors typically evolve to be a reflection of the overall strengths of that vendor’s wider business, and target markets. Therefore, it’s a case of seeking the best match, rather than one AEP being better than another for all end-users in all situations. Accordingly, Connectivity Platforms are the ideal connectivity provider from the perspective of a systems integrator or enterprise end-user since they ‘solve’ the connectivity problems that are often inherent in IoT solutions development. From a technical perspective, the connectivity proposition offered should be easy to manage, highly scalable, light touch, and based on open systems. Solutions should be able to support real-time data, and be highly secure.

Products In Iot Platforms Market

IIoT platforms are more flexible as they tend to be microservice-based and decentralized. They usually consist of communication software for monitoring, troubleshooting, and managing the connected IoT devices, the network, and data flows. On top of that, some IIoT platforms come with advanced analytics capabilities and support for IoT app development. Particle offers an IoT edge-to-cloud platform for global connectivity and device management, as well as hardware solutions, including development kits, production modules and asset tracking devices. With Particle’s team of IoT experts, who provide end-to-end professional services, you can develop your product from concept to production. Internet of Things is a multiple layer platform that executes direct management, automation, and provisioning of connected devices within the internet’s circumference.

When you have IoT devices that are Linux-based , the need to connect to them via other means so that we can manage, monitor, update, and control them becomes a necessity. They look at the IoT platform and trust they’re getting the complete solution they need—then realize the mistake six months into development. In our opinion, the most successful platforms will likely be coupled tightly with the distribution of hardware companies that offer a platform on top of the actual connectivity hardware. If you’re building an end device and your value is in selling hardware, then you may want to buy an IoT platform with an upfront license fee. For more information on IoT platforms—and how you can use them alongside KEB technology to rethink your industrial applications. Today we’ll explore how an IoT platform can reduce costs, improve efficiencies, and maximize safety across industrial applications—as well as how your team can take advantage of these powerful tools.

As you move towards market fit and scale, the focus should shift towards IoT platforms with more scalability, stability, and a global footprint. When selecting an IoT platform, you need to consider much more than just the technical capabilities of their solution. You are looking for a combination of technical, business, and operational capabilities that align with your company strategy and where you are in your product adoption lifecycle. That’s why analyzing the data is as important than collecting the data. At this stage, your focus is not only functionality but also form-factor. The IoT device enclosure, hardware user interface, etc., are elements that require the focus of both your engineering and industrial design teams.

Iiot, Iot, Or Mes Platforms: What’s The Difference?

It runs on Apache Tomcat and provides highly tuned MongoDB and HBase implementations. You can deploy SiteWhere to cloud platforms like AWS, Azure, GCP, or on-premises. Kinoma, a Marvell Semiconductor hardware prototyping platform, involves three different open source projects. Kimona Create is a DIY construction kit for prototyping electronic devices. Kimona Studio is the development environment that functions with Set up and the Kinoma Platform Runtime.


IoT platforms fill the gap between the device sensors and data networks. It connects the data to the sensor system and gives insights using back-end applications to create a sense of the plenty of data developed by the many sensors. With the open-source Azure IoT platform from Microsoft, you can quickly build scalable and secure edge-to-cloud solutions. Utilizing ready-to-use tools, templates and services, you can develop flexible applications according to your company’s needs. Cisco IoT Cloud Connect is originally an offering for mobile operators.

This Arduino-based board includes a wireless transmitter that can show up to more than a half-mile. Plus, you don’t require a router; flutter boards can interact with each other quickly. Edge Gateway solution to connect multiple instances with a central management instance. All listed IoT platforms are OK but there is no one best platform suitable for any IoT project. This choice will always depend on the specific project requirements of your business. There’s no definite answer to this question since there’s no one best platform suitable for any digital project.

Some vendors offer custom IoT solutions that can be adjusted to your industrial Applications. In this article, we address the differences and how to pick the one that’s right for you. So, if you want your business to take advantage of this impact and how everyone experiences the world around them, then you should focus your developments on the creation of “connected applications”. It mounts from tiny startups to great enterprises and holds advanced deployment models for multi-cloud IoT solutions.