IoT platforms have been in the spotlight lately, seeing as more companies are turning to them to accelerate the implementation of their IoT strategies. So what is an iot platform and what sort of features do they typically offer? The internet-of-things is emerging as a top IT trend for 2017. That is why the time has come to improve our understanding of the various elements that comprise an iot platform.
IoT platforms are the bridges that help connect all of your Iot devices. They gather the data from those devices and relay it to various systems (usually back-end servers and databases) where the data is stored and analyzed. As more data gets collected, the system will start to automatically recognize trends in behavior and correlations between different types of devices or actions.
An iot Platform is designed to accelerate your organization’s ability to develop, connect and manage devices, applications, analytics, and people. The platform allows easy access to extensive resources of best-in-class partners around the world, delivering a solution that meets your specific business needs. IoT platforms work with devices to collect, connect and make sense of data by analyzing and understanding trends.
IoT platforms are like the software systems that power many other digital services. They can be deployed quickly and easily, without disrupting your network or requiring costly upgrades to existing infrastructure. Using an IoT platform can make it easier for you to understand what data you have and uncover new uses for it. IoT Platforms are a subset of the software as a service (SAAS) model. The software helps build IoT applications by providing an environment where products and processes can easily be connected to cloud-based data platforms. This creates a single interface for deploying, managing, and monitoring IoT business systems.
With an IoT platform that sits on the cloud and is purely cloud-driven, businesses can seamlessly integrate their products with the internet. This enables them to develop, deploy and maintain connected products. IoT Hub is a fully managed cloud service that allows you to focus on building IoT solutions, with connectivity to the vast set of Microsoft cloud services. It is a scalable, flexible, and secure way to connect, manage, monitor, and scale your IoT solutions. You can easily build your own IoT solution using this platform or integrate with any 3rd party application or device on other platforms such as Azure App Services, Azure Cloud Services, Office 365, and more.
There are many strategic approaches to the iot platform. In this blog, we will look at some strategies that have been successfully adopted by iot platforms such as Amazon Web Services, Microsoft Azure, and IBM Watson. These iot platform strategies give an insight into the future of smarter businesses that leverage the power of intelligent technologies. The iot platform market opportunity will likely take off as IoT products and solutions proliferate, and many stand to benefit. In such a case, it comes as no surprise that several iot platform vendors are emerging to address the need for an iot platform.
IoT platforms, unlike IoT end devices, are limited in what they can do. They lack wireless sensors and actuators. They also cannot be used to transfer data from one point to another. What then is an IoT platform supposed to do? ConSensys’ iot platform is an enterprise-class solution that comes with a complete suite of cloud services, products, and tools. It includes A scalable platform and Enterprise Edition to run large scale projects; A containerized developer kit for developing the back end or edge node in the cloud; Revenue streams from Data Marketplace and Consulting Services; In-house support to take care of project issues; Open APIs to let you integrate with your existing systems and toolchains.
iOt platforms use the Internet of Things (IoT) data to improve business efficiency and profitability. iOt platforms are designed to help businesses create personalized consumer experiences. IoT platforms should integrate their offerings with other middleware and IoT-centric vendors, provide comprehensive iot cloud services, and offer turnkey solutions that are both scalable and secure. IoT platforms should be unique because the earliest IoT developers were not simply building mobile applications. Evolving from the realm of low-power, machine-to-machine (M2M) communication, developers were building new products, like smart contact lenses and heart rate monitors, which needed to collect and interpret data.
For these developers, custom-building an operating system (OS) based on familiar ones, like Linux, was insufficient. They needed a complete solution stack that could collect data from sensors being deployed in devices; figure out where those devices were located; provide secure connectivity among devices while maintaining strict data integrity, and provide the appropriate tools to quickly build connected applications around their products. Evolution is inevitable. So are disruptions, opportunities, and innovation. The Internet of Things (IoT) is taking the world by storm, changing the way we live in ways we never imagined.