Overview of IoT Platforms
The IoT platform market is highly fragmented. According to research rm IoT Analytics, over 360 dedicated IoT platforms—across di erent industry verticals—were available as of June 2016 (see Figure 1). Some estimates put the number in excess of 400 by late-2016, with more than 100 standards to choose from.
Variety of choice, on this scale, will likely make enterprises uneasy. Procurement departments will feel huge pressure if they think they have to pick technology winners from the plethora of standards and open source solutions on over.
The word ‘platform’ must also carry a health warning. Only 15% of the 361 IoT platforms identi ed by IoT Analytics included products related to data analytics—a key platform component if enterprises are to maximize returns on their IoT investment.
The essential elements of an IoT platform are illustrated in Figure 2. For the purposes of this report, we will look at some of the cloud architecture choices available—and key considerations when evaluating them—for enterprise IoT implementation.
Give IoT PaaS a Chance?
Platform-as-a-Service (PaaS) is growing in popularity among enterprise customers. Although its overall market share in terms of cloud workloads is relatively small because of a sizeable legacy of managed Infrastructure-as-a-Service (IaaS) Deployment: in the private cloud, the PaaS segment looks set for strong growth (see Table 6).