Global IoT Platforms Trends, 2017

As Commoditization Increases, Ecosystem Strength will be the Key Differentiator

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Platforms are a critical part in the IoT ecosystem as they enable a common framework for different stakeholders to use. For companies looking to utilize IoT to improve their products and services, the platforms are an essential medium to access data and insights, and run applications. Advanced technologies further add value to the platform services. Given the impact, a number of companies offer different versions of IoT platforms. The crowded marketplace creates confusion for enterprise users that are looking to augment their own business offerings with IoT platforms.

This report discusses the value proposition of IoT platforms, the different types of IoT platforms, and their providers, with illustrations to helps readers understand the myriad applications and benefits. The key objectives of the report are:

•     Enable better understanding of the IoT ecosystem and the industry participants
•     Discuss different types of IoT platforms and the trends in the market
•     Discuss use of IoT platforms by different verticals
•     Discuss the impact of advanced technologies on IoT platforms
•     Discuss innovations in the industry

Shared economy and connected devices have made big data ubiquitous, and analytics has improved the outcomes of data analysis. To ensure that the all the available data is utilized to come up with insights, it is important that various components of the ecosystem are able to work together and different users can make use of the same data for relevant outcomes. With many large companies offering IoT platforms, the key to success is to offer a strong ecosystem to the customers so that they can make utilize services and tools to improve their own products and services in turn. Some of the technologies that contribute to enhancing the IoT platforms offerings include cloud, data analytics, machine learning, and artificial intelligence. The report discusses how IoT platform providers are able to improve their offerings by working with companies offering advanced technologies. Given that cybersecurity is one of the key issues, IoT platform providers focus on enhancing their security even as they offer a scalable solution. Companies not only work with start-ups, they also work with others in the ecosystem to create collaborations that are mutually beneficial and also impact the customers.

Some of the key questions that the study answers are:
•     What are the different types of IoT platforms?
•     How do platforms impact the IoT ecosystem?
•     What are the drivers that will encourage adoption of IoT platforms?
•     What are the restraining factors that may impact the growth of IoT platforms?
•     What are the growth opportunities for IoT platforms?

Table of Contents

1. Executive Summary
Key Findings
2. Introduction—IoT and IoT Platforms
IoT—Internet-enabled Objects and Things
IoT Ecosystem—Diverse Industry Participants
IoT Platforms—Lack of Strategic Initiative Impacts Adoption
IoT Platforms—Bring Together Different Components
IoT Platforms—Value Addition to the IoT Ecosystem
IoT Platform—Architecture
3. IoT Platforms—Deep Dive
IoT Platforms—Need-based Options
IoT Platforms—Enablers with Varied Offerings
IoT—Application Enablement Platform (AEP)
IoT—Application Enablement Platforms
IoT—Device Management Platform
IoT—Connectivity Management Platform (CMP)
4. IoT Platforms—Company Profiles
IoT Platforms—Market Characteristics
IoT Platforms—Overview of Companies
Company Profile—ARM*
Company Profile—AWS
Company Profile—Cisco Jasper
Company Profile—Ericsson
Company Profile—GE
Company Profile—IBM
Company Profile—Microsoft
Company Profile—PTC ThingWorx
Company Profile—Sierra Wireless
Company Profile—Vodafone
IoT Platforms—Rationale for Different Providers
5. IoT Platforms—Trends
Ecosystem—Mergers and Acquisitions
Ecosystem—Pricing Models
Ecosystem—Commoditization
Ecosystem—Funds and Investments
IoT Platforms—Advanced Technologies Enhance Value
Cybersecurity—Primary Area of Focus
IoT Platforms—Design to Future Proof
Top 5 Mega Trends Affecting the IoT Platform Industry
IoT Platforms—Vertical Applications
IoT Platform Applications—Automotive
IoT Platform Applications—Healthcare
IoT Platform Applications—Home Automation
IoT Platform Applications—IIoT
IoT Platform Applications—Smart City
6. Drivers and Restraints
IoT Platforms—Market Drivers by Order of Impact
Drivers and Impact on Industry—Detailed
IoT Platforms—Market Restraints by Order of Impact
Restraints and Impact on the Industry—Detailed
7. Growth Opportunities and Companies to Action
Growth Opportunity 1—Big Data and Analytics
Growth Opportunity 2—Cybersecurity
Growth Opportunity 3—Start-ups
Growth Opportunity 4—Vertical Focus
Strategic Imperatives for Success and Growth
8. The Last Word
The Last Word—3 Big Predictions
Legal Disclaimer
9. Appendix
Appendix—List of Abbreviations
10. The Frost & Sullivan Story


List of Figures & Charts

1. IoT Platforms: Understanding IoT, Global, 2017
2. IoT Platforms: Part of Complex IoT System, Global, 2017
3. IoT Platforms: Part of Complex IoT System, Global, 2017
4. IoT Platforms: A Complex System, Global, 2017
5. IoT Platforms: Types of Platforms, Global, 2017
6. IoT Platforms: Multiple Platform Providers, Global, 2017
7. IoT Platforms: Introducing Application Enablement Platform, Global, 2017
8. IoT Platforms: Decision Making Parameters, Global, 2017
9. IoT Platforms: Demand Trends, Global, 2017
10. IoT Platforms: Business Trends, Global, 2017
11. IoT Platforms: Introducing Device Management, Global, 2017
12. IoT Platforms: Decision Making Parameters, Global, 2017
13. IoT Platforms: Demand Trends, Global, 2017
14. IoT Platforms: Business Trends, Global, 2017
15. IoT Platforms: Introducing Connectivity Management Platforms, Global, 2017
16. IoT Platforms: Decision Making Parameters, Global, 2017
17. IoT Platforms: Demand Trends, Global, 2017
18. IoT Platforms: Business Trends, Global, 2017
19. IoT Platforms: Characteristics of the Marketplace, Global, 2017
20. IoT Platforms: Company Landscape, Global, 2017
21. IoT Platforms: Mergers and Acquisitions, Global, 2014–2017
22. IoT Platforms: Pricing Models, Global, 2014-2017
23. IoT Platforms: Commoditization, Global, 2014-2017
24. IoT Platforms: Commoditization, Global, 2016-2017
25. IoT Platforms: Use of Advanced Technologies, Global, 2017
26. IoT Platforms: Multiple Touch-points for Cybersecurity, Global, 2017
27. IoT Platforms: Standardization and Interoperability, Global, 2017
28. IoT Platforms: Mega Trends, Global, 2017
29. IoT Platforms: Mega Trends, Global, 2017
30. IoT Platforms: Used Across Many Verticals*, Global, 2017
31. IoT Platforms: Impact on Automotive, Global, 2017
32. IoT Platforms: Trends and Use Case, Global, 2017
33. IoT Platforms: Impact on Healthcare, Global, 2017
34. IoT Platforms: Trends and Use Case, Global, 2017
35. IoT Platforms: Impact on Home Automation, Global, 2017
36. IoT Platforms: Trends and Use Case, Global, 2017
37. IoT Platforms: Impact on Smart City, Global, 2017
38. IoT Platforms: Trends and Use Case, Global, 2017
39. IoT Platforms: Impact on Smart City, Global, 2017
40. IoT Platforms: Trends and Use Case, Global, 2017
41. IoT Platforms: Drivers, Global, 2017–2021
42. IoT Platforms: Restraints, Global, 2017–2021


1. IoT Platforms: Multiple Providers Contribute, Global, 2017
2. IoT Platforms: Part of Complex IoT System, Global, 2017
3. IoT Platforms: IoT Platform Rationale, Global, 2017



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