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

55+ emerging IoT technologies you should have on your radar (2022 update)

55+ emerging IoT technologies you should have on your radar (2022 update)

In short IoT Analytics identified 58 technologies that people working on IoT projects should have on their radar: 21 in IoT software, 21 in IoT hardware, and 16 in IoT connectivity.Of the 58 technologies on the radar, only a few are classified as nearing maturity, fairly mature, or mainstream—many of them are still further out and will need time to reach mass market maturity. Why it matters The...

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The IoT cloud: Microsoft Azure vs. AWS vs. Google Cloud

The IoT cloud: Microsoft Azure vs. AWS vs. Google Cloud

In short The three large hyperscalers collectively hold ~80% of the global IoT public cloud market.IoT is of high strategic importance to both Microsoft and AWS, while Google does not prioritize it as much. Why it matters Hyperscalers offer a large number of services in the public cloud that form the backbone of many IoT initiatives. The three leading global hyperscalers (AWS, Microsoft, and...

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The case for a $2 trillion addressable public cloud market

The case for a $2 trillion addressable public cloud market

The global public cloud market (hyperscaler IaaS and PaaS) reached $157 billion in 2021, according to our recently released Cloud Computing Market Report 2021–2026. The cloud market is dominated by three US-based firms that have seen their revenues grow at high double digits for years, with 2021 being no exception. Among the leading firms, both Google Cloud and Microsoft Azure reported 2021...

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10 IoT technology trends to watch in 2022

10 IoT technology trends to watch in 2022

At IoT Analytics, our market analyses rely on the findings from our analyst team but also on the input from experts and advisors. We gathered our advisor’s opinions on the most important IoT technology trends to watch in 2022: Note: You may also be interested to read our recent article on more general IoT adoption trends In short Our advisors identified 10 major trends shaping the IoT technology...

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The rise of industrial AI and AIoT: 4 trends driving technology adoption

The rise of industrial AI and AIoT: 4 trends driving technology adoption

In short Two new IoT Analytics research reports on the topics of industrial artificial intelligence (AI) and the Artificial Intelligence of Things (AIoT) estimate that the AIoT market will reach $102.2 billion by 2026. (Report 1, Report 2)Four trends are driving the technology: (1) the availability of new software tools, (2) the development of simplified AI solutions, (3) the infusion of AI into...

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IoT Platform Companies Landscape 2021/2022: Market consolidation has started

IoT Platform Companies Landscape 2021/2022: Market consolidation has started

In short The number of IoT platform companies did not grow in the last two years. IoT Analytics’ latest research found 613 IoT platform companies currently operating.Since 2019, many IoT platform companies have pivoted their business models: a number of companies no longer focus on IoT or have moved toward selling IoT solutions. Some have ceased to exist.The overall number of IoT platforms based...

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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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