IoT cloud platforms integrate the capabilities of two powerhouses in the internet of things (IoT) and cloud computing. These platforms have paved the way for great possibilities as developing on-site IoT architecture is expensive and has its limitations.
IoT cloud platforms support many IoT devices and applications in various ways, including the infrastructure, servers, and storage, needed for real-time operations and processing. IoT cloud platforms offer services and standards that you need to connect, manage, and secure IoT devices and applications.
Thanks to all these advantages, IoT development services have embraced these platforms. According to Markets and Markets, the IoT cloud platform market size is expected to grow to USD 11.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.6%.
Such rapid industry growth has fueled cut-throat competition in the IoT cloud platforms, and it becomes a headache to choose the right one. Let us look at the top 8 IoT cloud platforms in 2022.
Launched in 2004, AWS has become the most popular consumer cloud solution with 32% of the market share. It offers excellent scalability as you can send billions of messages without any issue. Moreover, they constantly put efforts into making their product comprehensive, making it much more convenient to collect data from IoT sensors and devices.
Moreover, AWS is highly scalable and can support billions of devices. It doesn’t have minimum fees, and you are charged per million messages sent or received between endpoints. Plus, you get free access to Amazon S3, Amazon DynamoDB, AWS Lambda, Amazon Kinesis, Amazon SNS, and Amazon SQS.
They don’t charge you for messages to the following AWS services:
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2. IBM Watson
The second name on the best IoT cloud platforms list is IBM Watson. It is a robust platform supported by IBM’s Bluemix and hybrid cloud PaaS (platform as a service).
They have become a popular choice because of the simplicity offered by their apps and interfaces.
The pricing model of IBM Watson is based on three factors: Data Exchanged, Data Analyzed, and Edge Data Analyzed.
Microsoft has upped its IoT cloud game in recent years as they appear to provide a comprehensive IoT solution to customers. Along with cloud storage, Microsoft Azure offers you services for Machine Learning and IoT. Moreover, they have also developed an operating system for IoT devices.
Microsoft Azure offers an excellent facility for analyzing the latest data stored on a server. Their pricing model differs from AWS as it offers its services in four tiers.
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No surprises here! Google has been one of the frontrunners in the IoT game as it offers comprehensive solutions. They have put a lot of effort into simplifying and speeding things up. This allows real-time data processing and makes things faster for your business. It also has its Android-based operating system for IoT devices.
As it’s Google, you get the added advantages of its web-scale processing, analytics, and machine intelligence capabilities. With Google Cloud, you will be charged on a per-minute basis. You don’t have to pay any joining or termination fee.
Oracle IoT Cloud is a Platform as a Service (PaaS) that offers you real-time IoT data analysis, endpoint management, and high-speed messaging. This is topped by easy visualization and dashboards that allow businesses to make critical business decisions.
Overall, Oracle has been prioritizing managing manufacturing and logistics workloads. The pricing model is done on a per device basis and comes with a fixed number of monthly messages per device. You will have to pay extra if you go beyond this number.
Whether IoT, database management, machine learning, or artificial intelligence, SAP has made its presence felt across these technologies. This comes as a significant advantage to integrate to make the best of the data. Its pricing model comes for three levels: developers, medium business, and enterprise.
Cisco IoT cloud services come backed by robust services such as industry-level cloud solutions, advanced security, edge-computing, centralized data management, etc. It has become a preferred IoT cloud platform among mobile operators, home security solution providers, healthcare companies, payment solutions, etc.
It offers a flexible deployment facility for your devices. Being a mobile and cloud-based suite, Cisco IoT Cloud Connect helps you accelerate digital transformation and actions from your data.
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Salesforce Thunder powers the Salesforce IoT cloud; the Salesforce IoT cloud collects data from devices, websites, applications, and other platforms to analyze data and make critical business decisions. It facilitates real-time data transfer and messaging to deliver enhanced customer service.
The selling point on which Salesforce has been emphasizing is to create more meaningful customer interactions. It is no surprise considering the primary use of Salesforce is as CRM. Its easy-to-use user interface helps you effectively connect with customers.
Many platforms and services call themselves “the best,” but there’s hardly anything as it all depends on you. To find the right solution, you first need to know your current and future requirements.
Asking these questions will surely help you steer in the right direction. However, we recommend you talk with experts in IoT development services to arrive at the correct conclusion.
If you are into IoT, it is crystal clear that you need IoT cloud platforms to make the most out of your current capabilities. Not only does it provides a convenient mode of data transfer for your devices, but it also provides you with the great ability to combine the latest technologies. However, rather than going with the most feature-packed IoT cloud platform, you should go with the one that serves your purpose the best.
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