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

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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The leading IoT software companies 2023

The leading IoT software companies 2023

In short IoT software spending reached $53 billion in 2022 and continues to grow strongly. The latest IoT Software Adoption Report 2023 highlights the top 100+ IoT software vendors used today based on an extensive survey of IoT users. The most common IoT software companies include Microsoft, AWS, Siemens, IBM, Cisco, Oracle, PTC, and MongoDB. Why it matters Software is an essential element of...

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Decoding Digital Twins: Exploring the 6 main applications and their benefits

Decoding Digital Twins: Exploring the 6 main applications and their benefits

Research findings from an analysis of 100 digital twin projects The 6 main Digital Twin applications In short The market for digital twins expanded by 71% between 2020 and 2022. 63% of manufacturers are currently developing a digital twin or have plans to develop a digital twin. The latest Digital Twin Market Report 2023–2027 highlights the six main digital twin applications today: system...

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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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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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