It is difficult making a decision when faced with many IoT platform options available in the market. One of the biggest questions that businesses have when considering building an IoT ecosystem is to decide whether to choose one of the commercially available off-the-shelf IoT platforms or build their own IoT platform. This whitepaper talks about important aspects of an IoT platform so that you can make a choice between building and buying an IoT platform.
By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. – Statista
With this whitepaper, you will learn:
- Build or buy – how to make a decision
- What to expect from an IoT platform
- How to define your needs
- Edge analytics – an important point to consider
- Different types of IoT platforms
- Essential components of an IoT platform
- Building an IoT platform – why it’s anything but easy
- What’s needed to build an IoT platform
- Top considerations for buying an IoT platform
- Comparison – build vs buy
