IoT platforms provide two basic types of functionality to clients: managing IoT devices AND managing IoT applications. However, none of the IoT platforms available in the market today cover all functions around IoT-related device and application management for all kinds of need. Existing IoT platforms focus on specific functions regarding device and application management to serve the needs of specific user groups around dedicated use cases.
PAC is going to evaluate the providers of IoT platforms in Europe in four different PAC INNOVATION RADAR segments, which are dedicated to specific user groups and use cases:
- IoT platforms for device developers to develop embedded software for IoT devices
- IoT platforms for device managers to centrally manage IoT devices on a large scale
- IoT platforms for users of IoT devices to quickly and easily create IoT applications for themselves
- IoT platforms for IoT application developers to create complex IoT applications for their clients
Concept and methodology of the PAC INNOVATION RADAR are similar to those of the traditional PAC RADAR. While the traditional PAC RADAR focuses on mature services segments, the PAC INNOVATION RADAR, however, positions providers in rather new and innovative service segments. Thus the focus of the evaluation is on the portfolio, vision, investment, go-to-market and capabilities.