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.

Market Reports: IoT Platforms & Software

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Latest Insights: IoT Platforms & Software

How to stand out as an IoT Platform Vendor

Aug 1, 2018

Competitive intensity is high in the fragmented IoT Platforms market. With more than 450 companies competing for market share, it can be difficult to differentiate offerings from competitors, especially for smaller players. This has resulted in 90% of IoT Platforms generating less than $10M in revenue in 2017. When analyzing marketing messages by IoT Platform vendors, it shows that these are...

Microsoft and PTC named leading IoT Platform vendors for Cloud and AEP, respectively, as growth in the IoT Platforms Market accelerates to 39%

Jun 26, 2018

PRESS RELEASE: Hamburg, Germany - 26 June 2018 // IoT Analytics, a leading provider of market insights & competitive intelligence for the Internet of Things (IoT), M2M, and Industry 4.0, today published two comprehensive market report updates on IoT Platforms: A. A 193-page report titled IoT Platforms Market Report 2018-2023B. A 450 page in-depth analysis of 20 leading vendors, titled IoT...

5 Things To Know About IoT Security

Nov 9, 2017

We are currently witnessing a growing number of IoT deployments and solutions around the world. IoT security is emerging as a key component of these deployments and companies are recognizing they need to get it right from the beginning - By 2022, the IoT security market is forecast to reach $4.4 billion. Various industry surveys , as well as our own research, indicate cybersecurity is the...

New Report Indicates Worldwide IoT Security Market To Become A US$4.4 Billion Opportunity By 2022

Sep 6, 2017

PRESS RELEASE: Hamburg, Germany - 06 September 2017 // IoT security has become a major focus area for businesses, consumers and regulators. This focus is driven by the increasing number of IoT devices being connected to the internet and the new threats and attack vectors emerging almost on a daily basis. IoT Analytics, a leading provider of market insights and strategic business intelligence for...

Understanding IoT Security – Part 3 of 3: IoT Security lessons from recent IoT projects

Aug 8, 2017

In Part 1 and Part 2 of this blog series we looked at the segmentation of the IoT security architecture. In this post, we shift our focus to IoT security lessons from recent projects that could be used to improve security for the Internet of Things. We don’t have to look too deeply to find practical ways to protect IoT operations. In this post, we will cover three common issues facing IoT...

IoT Platform Comparison: How the 450 providers stack up

Jul 13, 2017

Disclaimer: This article does not provide guidance or intend to compare technical features of different IoT platforms. It looks at the market and compares platforms purely on a market meta level. Key findings of the IoT Platform Comparison: IoT platforms remains a fragmented market with 450+ vendorsLeading providers grow at 50%+Most platforms focus on industrial use cases (32%)M&A activity...

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Our View On 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.

Five types of IoT Platforms are defined:

1. Connectivity Platforms

… offer coverage capabilities and solutions for connecting the IoT device, managing and orchestrating connectivity, and provisioning communication services for connected IoT devices.

2. Device Management Platforms

… handle provisioning tasks to ensure connected devices are deployed, configured, and kept up-to-date with regular firmware/software updates.

3. IaaS / Cloud Backend Platforms

… offer a scalable enterprise grade backend for data management of IoT applications and services.

4. Application Enablement Platforms (AEPs)

… enable developers rapidly create, test, and deploy an IoT application or service.

5. Advanced Analytics Platforms

… offer sophisticated analytics tools including machine learning techniques and streaming analytics capabilities to extract actionable insights from IoT data.

Our Lead Expert

Matthew Wopata

Principal Analyst

Matthew is a principal analyst based in the USA, focusing on industrial technologies. He is IoT Analytics’ lead expert for Industrial IoT, including Industry 4.0 and Industrial Software.