In this digital era, we are experiencing an explosion of technical solutions in every walk of life. One such extravagant solution is IoT or Internet of Things. While there are plenty of terms and definitions revolving around the concept of software for IoT, it becomes trivial for things to get a bit twisted and get diverted from the main point.
So, let’s hop in and see what exactly an IoT platform is and what industrial IoT solutions have in the box for you and your organization!
What is an IoT Solution?
IoT solutions are multi-layer support software or technical solutions that connect edge hardware, data networks, access points, and several components to the other part of the value chain or the end-user applications. An IoT platform typically deals with the current management tasks, data visualization, enables straight forwards provisioning, creates IoT dashboards, and automates the connected devices in the IoT environment. These platforms are emerging as the backbone of the IoT deployments- growing at a CAGR of 33%, and its market is expected to be around $22.3 billion by 2023. Read more