Top IOT Platform Vendors Identified by 360Quadrant

1
Internet of Things (IoT) can be defined as
devices that are connected via the internet
using sensors, actuators, and network
communication technologies to interconnect
people and machines. Best IoT platforms help
store, process, and analyze data collected from
IoT objects/devices. Going further, we have
covered various aspects regarding IoT
Platforms for any user to decide on best IoT
Platforms to use in different applications.
We will also learn about the best IoT
Platforms providers, their applications, features
and factors to be considered while choosing best
IoT Platforms. The Global IOT Platforms Market
size was valued at 2.260 billion in 2019 and is
expected to reach 13.310 billion by 2026, at a
significant CAGR of 28.5. This growth can be
attributed to the flexible scaling of data
storage in the cloud. Since, there is a growth in
the number of connected devices, significant
volumes of data can be stored, downloaded, and
uploaded. IBM is one of the leading providers in
the IoT cloud platform market. The company is a
world leader in AI, IoT, and cloud-based
software, services, and technologies. It has
deployed its Watson IoT platform for client
engagements in 170 countries till date. The
company has been focusing on inorganic growth
strategies, such as agreements and
collaborations, to strengthen its foothold in the
market. For instance, in April 2019, IBM signed
an agreement with SmartCone Technologies to
integrate the IBM Watson IoT platform with
SmartCone Technologies solutions. Additionally,
the company formed collaborations with Guardhat,
Germin, and Mitsufuji for IBM Watson IoT in
February 2019. Google Cloud Platform enables
developers to build, test, and deploy
applications on Googles highly scalable and
reliable infrastructure. Google Cloud products
assist all- sized businesses in taking advantage
of the latest technologies to operate their
business more efficiently by providing more and
more digital experiences that are being built in
the cloud. AWS provides IoT device software, IoT
control services, and data services. The IoT
device software enables users to securely connect
devices, gather data, and take intelligent
actions locally, even when the internet
connectivity is not available. AWS IoT services
comprise device software, connectivity and
control services, and analytics services. The
connectivity and Control services allow users to
control, manage, and secure large and diverse
device fleets. The analytics services help users
extract value from IoT data. The company offers
the AWS IoT Core platform, which enables
customers to connect devices to AWS services and
other existing devices to secure data
interactions to process and act upon device
data and to enable applications to interact
with devices, even when the devices are offline.
2
PTC offers the ThingWorx platform in the IoT
cloud platform market. The platform enables
customers to reduce the time, cost, and risk
required to build and deploy IoT applications
connect devices, systems, and applications
manage connected products and analyze IIoT
data. ABOUT 360QUADRANTS 360Quadrants is the
largest marketplace looking to disrupt USD 6.3
trillion of technology spend and is the only
rating platform for vendors in the technology
space. The platform provides users access to
unbiased information that helps them make
qualified business decisions. The platform
facilitates deeper insights using direct
engagement with 650 industry experts and
analysts and allows buyers to discuss their
requirements with 7,500 vendors. Companies get
to win ideal new customers, customize their
quadrants, decide key parameters, and position
themselves strategically in niche spaces, to be
consumed by giants and start-ups alike. Experts
get to grow their brand and increase their
thought leadership. The platform targets the
building of a social network that links industry
experts with companies worldwide. The platform
has around 400 buyers across various
markets. 360Quadrants will also be launching
quadrants in fields such as Digital
Transformation Software, Cloud Computing
Software, and Access Control Software. Contact
Mr. Agney Sugla agney_at_marketsandmarkets.com 630
Dundee Road, Suite 430 Northbrook, IL 60062 USA
1-888-600-6441