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 evaluated 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 rapid deployment
- IoT platforms for device management
- IoT platforms for device development
- IoT platforms for analytics applications
Across all four segments only six players achieved the “Best in Class” ranking:
- Bosch Software Innovations (IoT platforms for device management - available for download)
- GE Digital
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.
For key insights in the current competitive landscape around IoT platforms: Watch the recording / download the slides of our PAC Webinar “Status Quo of IoT Platforms in Europe 2017".