IoT Platforms & Software

IoT platforms are the central piece in the Internet of Things architecture that connects the real and the virtual worlds to enable communication between objects, manage the data flows, support application development and provide basic analytics for connected IoT devices.

Latest Insights: IoT Platforms & Software

How global AI interest is boosting the data management market

How global AI interest is boosting the data management market

In short AI is projected to drive significant growth in the data management market, which is expected to reach $513.3 billion by 2030 – according to a new report by IoT Analytics. AI relies on robust data management across 7 key components to build effective AI models: 1. sources, 2. ingestion, 3. storage, 4. transformation, 5. analytics, 6. governance and security, and 7. orchestration....

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The rise of B2B software marketplaces: A shifting paradigm for enterprise procurement

The rise of B2B software marketplaces: A shifting paradigm for enterprise procurement

In short According to the 216-page B2B Technology Marketplaces Market Report 2024–2030, organizations are in the early stages of a paradigm shift in how they procure software - moving from traditional direct-sale to software marketplaces, a subset of B2B technology marketplaces. B2B software marketplaces are rising: They are the fastest-growing procurement channel: B2B software marketplaces are...

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The leading generative AI companies

The leading generative AI companies

In short The generative AI market went from nearly nothing to a hot market within a year, as shown by IoT Analytics’ latest research report. IoT Analytics analyzed 3 interconnected markets for generative AI: 1) data center GPUs, 2) foundational models and platforms, and 3) generative AI services. Each has distinct aspects and market players. NVIDIA leads the data center GPU segment with a 92%...

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Digital twin market: Analyzing growth and emerging trends

Digital twin market: Analyzing growth and emerging trends

In short According to our Digital Twin Market Report 2023–2027, the digital twin market is expanding, with a projected CAGR of 30% between 2023 and 2027. 29% of global manufacturing companies have either fully or partially implemented their digital twin strategies. Further, job posts related to digital twins have increased by 11% compared to October 2021, while openings for other tech topics...

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Successful IoT software commercialization: 7 important considerations according to IoT executives

Successful IoT software commercialization: 7 important considerations according to IoT executives

In short 7 factors are considered important for a successful IoT software commercialization according to the IoT Software Go-to-Market & Commercialization Report 2023 Running own webinars and deploying social media tactics but also helping customers with their most pressing challenges like IoT integration play a key role. Why it matters IoT continues to create winners and losers. Excelling...

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Mapping 7,000 global cloud projects: AWS vs. Microsoft vs. Google vs. Oracle vs. Alibaba

Mapping 7,000 global cloud projects: AWS vs. Microsoft vs. Google vs. Oracle vs. Alibaba

In short The cloud market reached $206 billion in 2022, fueled by the COVID-19 pandemic, digitalization, and SaaS adoption. A new analysis of 7,000 cloud implementations reveals distinctly different vendor footprints. AWS dominates North America, Microsoft excels in EMEA, Google appeals to smaller IT companies, Oracle has a strong South American presence, and Alibaba leads in China and Asia. AI...

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Our View On IoT Platforms & Software

IoT Software comes in many forms including middleware tools, individual open-source components, custom-made code, and modular IoT platforms that sit in the cloud or at the edge.

An IoT Platform is a specialized software tool that is used for building and managing IoT solutions.

IoT Analytics classifies IoT Platforms into four distinctly different layers that, in total, can consist of up to several components and subcomponents.

The four main layers of an IoT Platform:

  1. Application management/enablement
  2. Data management/enablement
  3. Telco management
  4. Device management
IoT Platforms - definition layers components

Our Lead Expert

Mohammad Hasan

Mohammad Hasan

Analyst

Mohammad is part of the data and software team.
Mohammad has previously served as an analyst at Deutsche Bank and WNS (Aviva Investors). He holds a master’s degree in financial engineering, leveraging nine years of experience in technology and financial research.

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