

We also profile six other “challengers” that are competing successfully with the top 5 and have the potential to become the market leader over time.

This PoV focuses on the top 5 most used IoT platforms who are the current “winners” in the IoT platform space. All platform vendors declare that theirs is the best, providing features and capabilities that exceed everything else! There are over 500 IoT platforms, and new ones seem to come out each day promising a seamless conduit between connected devices and user applications. Source: HfS Research, 2018 || Sample size =250 IoT projects Other top platforms were SAP, Huawei, MindSphere, Google, Oracle, and Hitachi (Exhibit 1).Įxhibit 1: IoT Platforms – The Winners and the Challengers Microsoft Azure emerged as the winner, followed by Amazon AWS, PTC Thing Worx, IBM Watson, and GE Predix. We came across 30 different platforms frequently used by service providers in their IoT engagements. We analyzed 250 IoT engagements across 27 service providers in the recently published HfS Blueprint on IoT Services. By comparison, there are over 500 IoT platforms in the market today. Windows and MacOS dominate the world of PCs and iOS and Android dominate the world of mobiles.

IoT platforms are analogous with PC and mobile operating systems. But we are many years away from platform standardization as we see in the world of PCs and mobiles. The Internet of Things has made tremendous advances in the past 18 months in every aspect: standards, platforms, techniques, infrastructure, devices, architecture, security, ecosystems, partnership networks, communication standards, acquisitions, practical project experience, diversity of application, and integration with “new” technologies. Despite rapid advancements across standards, platforms, techniques, infrastructure, devices, architecture, and security, a diverse ecosystem is evolving to provide the “customer solution.” The IoT services market is still nascent in terms of technology fragmentation (over 500 IoT platforms*) and services provision.
