If you are interested in learning about IoT platforms and need to know what is Internet of Things platform, this is the right guide. It is a complicated topic, and we have received many questions about it. Businesspeople need help with many products, so we must discover this topic.
This guide post will discuss what is Internet of Things platform, how it suits your product strategy, and some key features for choosing an IoT platform. Let’s explore it!
What is Internet of Things platform?
The Internet of Things platform is a group of technologies that deliver the building blocks for evolving your product. IoT platforms offer the “substructure” you use to produce the detailed landscapes of your explanation.
An IoT platform aims to deliver all the standard functionality so you can emphasize building structures that discriminate your creation and add value for your clients.

Moreover, IoT platforms help decrease your growth risk and cost by focusing on non-differentiated functionality. When people think about IoT platforms, they introduce technical jargon such as rules engine, transport procedures, etc. Although these deliberations are essential, they must learn how an IoT platform can help their product business.
Based on this basic explanation, a reputable IoT platform should offer the tools and substructure to cover as many responsibilities as possible.
So, there are capabilities of IoT platforms such as:
- Accomplish all procedures securely across the IoT technology
- Recognize and achieve all of your IoT devices
How Are IoT Platforms Suitable for Your Product Policy?
You must make sure you have an authentic and robust IoT product approach before generating product growth and IoT platform selection,
A robust approach needs to cover these three parts:
- Attractiveness (does the market want your product?)
- Feasibility (is there an occupational model where you can make money with your creation?)
- Viability (can you create your product?)
IoT platforms support you with possibility by accelerating and decreasing the risk in your progress process.
Recognize the Several Categories of IoT Platforms
IoT products are very composite because they have to participate in multiple mechanisms. Given this complication, only one IoT platform is expected to complete some parts of the IoT technology stack.
However, the most common categories of IoT platforms are:
- IoT cloud platforms
- Analytics platforms
- IoT connectivity platforms
- IoT device platforms
IoT Cloud Platforms
It provides the fundamental building blocks for your product, including consuming, transferring, storing, examining, and displaying facts. As the name indicates, its purpose is to qualify your application’s rapid growth by conceptualizing the difficulties of building an IoT solution.

There are a lot of Internet of Things platforms in the market, so it can be discouraging to figure out which one to use. Application enablement IoT platforms come in all essences, including:
- Business platforms
- Buyer platforms
- Platforms targeting creators
- Higher-level (drag-and-drop) platforms, best for prototyping or MVPs
- Platforms concentrating on specific verticals
For framework, some of the top companies in the IoT Cloud platform space include:
- Microsoft Azure IoT
- Cisco
- Oracle IoT
- AWS IoT
- Hitachi Vantara
IoT Connectivity Platforms
Connectivity is essential to the IoT technology stack, connecting on-the-ground IoT campaigns to the cloud or any other significant data source. Many IoT products depend on a Wi-Fi connection with the Internet. For the Internet, connectivity supervision might be included in this platform.
In addition, products that are part of “critical IoT,” such as industrial equipment, associated cars, or the smart grid, require more robust communication knowledge to reach the Internet. For example, IoT devices depend on cellular technologies like 4G, 5G, or NB-IoT.
Suppose you’d like to learn more about the mechanisms of an IoT device. In that case, I recommend this blog post: How does 5g technology enhance the Internet of Things?
Some examples of IoT connectivity platforms include Sprint’s Curiosity, Bytebeam, Cisco’s Jasper, Ericsson’s IoT Accelerator, and ARM’s Pelion.
IoT Device Management Platforms
It provides hardware building blocks for evolving IoT devices. Considering that hardware is usually the “long end in the shelter” for IoT product expansion, it is significant to consider what previously exists in the market to accelerate your hard work.

Choosing the right IoT device platform depends on where you are in the IoT product implementation curve. You must recognize your customers’ needs and propose potential results to them.
IoT Analytics Platforms
An IoT product aims not to gather data but to deliver illegal insights to users. That’s why investigating the data is as imperative as assembling it. Most IoT Cloud platforms already contain analysis tools, which may be sufficient for many applications.
However, if your application has additional requirements regarding conception, data processing, digital clones, artificial intelligence (AI), and machine learning (ML), an IoT analytics platform can accelerate its growth.
How Do You Select the Right IoT Platform?
There are many options and retailers at each layer of the IoT Knowledge Stack. You’ll need to investigate to make the best choice.

Technicality: Does the platform eliminate technical difficulties in IoT projects? Or does it require significant investments in time and maintenance?
Scalability: Does the platform measure effectively when many strategies are connected?
Security: Is the platform specialized with the maximum grade for security?
Cost and ROI: Will the platform decrease IoT functioning costs, help grow your income, and promise considerable ROI?
Speed: Will the platform support you in generating experimental projects proficiently to test and learn how to build new abilities and services?
Flexibility: Does the platform permit you to research with new thoughts and business models?
Extensibility: Does the platform authorize you to build your discriminating services?
Simplicity: Does the platform allow you to run from the edge to the cloud with a reliable architecture?
Perceptibility: Will analytics be manageable to a wide range of people in your business?
Support: Will you have access to specialized services and professionals who can support your IoT expedition and authorize your team to thrive?
FAQs
As discussed above, there are IoT cloud, connectivity, IoT devices, and IoT analytics platforms.
IoT connects devices remotely for continuous functioning and efficient operation, and the IoT platform links the gap between devices and data networks.
The IoT platform holds data from different devices and locations for logging, loading, processing, saving, and managing the data transfer.
Conclusion
In this blog post, we discussed on What is Internet of Things platforms. Generating an IoT product is very complex. By subcontracting non-core parts of your product to an IoT platform, you’ll decrease risk, diminish cost, expand quality, and accelerate your time to market.
Oh, now, in the end, we have one last thought. If you are not rational about using an IoT platform, we guarantee you your competitor is. Therefore, you will be surprised if they beat you in the market. Moreover, they can deliver more value-added structures faster. Consider yourself advised.