How to choose the right IoT Platform for your business?

Internet of things are capturing strong market in  the world. It will continuously grow for the upcoming years. With this, it is also necessary to choose the right platform for IoT development. Right choice of platform will lead to the success of the project whereas, wrong choice will fall down the project. It causes loss of time and money also. Let us see, what is IoT platform?

What is IoT Platform?

An IoT platform is an integrated service that offers you the things you need to bring physical objects online. It needs to be capable of supporting millions of simultaneous device connections and easily allow you to configure your devices for machine-to-machine communication. The purpose of IoT device is to transfer data with other IoT devices or applications using internet transfer protocols. This gap between device and data network is filled by an IoT platform.

Connecting things to the internet is not easy like connecting laptop to internet. For this, you need a data system to move, understand traffic, record data and a messaging system that will let you know when an event occurs. There can be issues with this system. Such issues with device, protocol, compatibility or scaling of the application and all this can get difficult & expensive, if you don’t choose the correct platform for your IoT application. One must choose the right IoT platform according to the requirement of project. 

Types of IoT Platforms-

1. End-to-end IoT Platforms-

End-to-end IoT platforms provide the hardware, software, connectivity, security, and also device management tools to handle millions of concurrent device connections. It also provides all the managed integrations you need such as OTA firmware updates, device management, cloud connection, cellular modem, etc.,  to connect and monitor a fleet of devices online.

2. Connectivity Management Platforms-

These platforms offer low power and also low-cost connectivity management solutions through Wi-Fi and cellular technologies. This can range from connectivity hardware, cellular networks, and data routing features.

3. IoT Cloud Platforms

Cloud platforms aim to get rid of the complexity of building your own complex network stack and offer the backend services (plus other services) to monitor and track millions of simultaneous device connections.

4. Data Platform

Of course, every type of IoT platform deals with data in some way. But these IoT data platforms combine many of the tools you need to route device data and manage/visualize data analytics.

Consider the following points for selection of best IoT platform for development-

1. Connectivity Method-

What is the type of connectivity you need? Do you need a Wi-Fi or cellular solution for your IoT product? You need to overview these needs and see how the vendor can address them.

2. Market –

How long has the IoT platform been in business? The IoT space is relatively new, but quickly building. Finding an IoT platform that has been offering services for 4+ years is usually ideal.

3. Geographic coverage-

Do they provide embedded sim with global support? Does the IoT platform cover the regions your business needs?

4. Type of service-

How does the IoT platform describe and sell themselves? Some services are purely connectivity platforms, while others are end-to-end solutions that offer the hardware, software, and connectivity. You need to analyze what your business requires.

5. Data Plan

Does the vendor offer a fair data plan? You’ll want the ability to pause or suspend your data services at any time and the ability to control how much data that is used.

6. Security-

Examine how they’ve deal with security and privacy issues in the past and review their security content. You need to assess how their platform solves security issues and how it abstracts the complexity away from you.

7. Managed Integrations/ API Access –

How does the vendor integrate all the complex stuff that you need for IoT like cellular modems, carrier/ SIM cards, device diagnostics, firmware updates, cloud connections, security, application layer, RTOS into a simple package that your engineering team won’t have to worry about?

8. Data Access

You should consider this important point for selecting the IoT platform. For this analyze the following questions and its answers- How will you integrate the data acquired through the IoT platform with your enterprise backends and current cloud service? What do you plan to do with this data? similarly, does the service match those needs?

9. Domain Experts/ Engineering Services/ Partner Collaboration-

IoT deployments are complex in nature. Hence, you need a partner who can help you through the product development process. Does the IoT platform help you service those needs?

10. IoT Ecosystem-

Take enough time to learn and understand the relationships between the services the IoT platform offers. This learning will help you to learn how their services can help you build your product. If you don’t understand, talk to a sales representative.

11. IoT Roadmap

Consider these questions before selecting the IoT platforms. Does the IoT platform’s roadmap match your organization’s needs? Do they plan to expand into connectivity, data, hardware? How does that help you?

12. Hardware

Does the vendor offer any off- the- shelf applications, developer kits, or starter packages for the specific use case you are targeting? You will likely have to do some customization, but not having to start from scratch can save significant time and effort.

13. Device Management

How does the vendor allow your to monitor, segment, and also manage IoT devices that are out in the field?

List of IoT platforms-

  • Microsoft IoT Azure — Enhance your operational productivity and profitability with a preconfigured connected factory solution.
  • Particle — Particle is an enterprise IoT platform that offers everything you need to build an IoT product, from device to cloud.
  • Artik Cloud — The ARTIK IoT platform enables open data exchange for the Internet of Things.
  • Salesforce IoT — Maximize your business efforts with IoT cloud services.
  • Google Cloud’s IoT Platform— integrated services that allow you to easily and securely connect, manage, and ingest IoT data
  • IBM Watson IoT — IBM’s new Watson Internet of Things (IoT) is a cognitive system that learns from, and infuses intelligence into the physical world.
  • Xively Platform — an enterprise IoT platform to help accelerate your connected product or service.

At Solace, IoT Development is a strength of ours in which we take great pride. If you’re interested in adopting IoT for your business, then you might need some help getting started. We believe in benefits and effectiveness of using IoT in a business. Solace expert’s are here to help you with IoT development. Kindly contact us for any IoT development that set you on your way to business growth.