Choose the Right IoT Platform for your Industrial Business

IoT is widely acknowledged to be every organization’s weakest spot in terms of cybersecurity, with hackers exploiting device vulnerability to gain access to critical systems. For this reason, cybersecurity should be the first topic raised with any IoT platform vendor. Checkout our latest PPT for better knowledge.

Transcript

1. Choose the Right IoT Platform for your Industrial Business
2. The IoT platform is the brain of your IoT network. It manages data flows, analyzes data to produce actionable insights, and supports the development of applications.
3. E2E (Exchange-to-Exchange) Security IoT is widely acknowledged to be every organization’s weakest spot in terms of cybersecurity, with hackers exploiting device vulnerability to gain access to critical systems. For this reason, cybersecurity should be the first topic raised with any IoT platform vendor.
4. Scalability Scalability means the ease with which your organization can grow from 100 to 100,000 connected devices or “endpoints.” IOTIFY advises that many vendors promise to support millions of connected endpoints, but this claim goes largely untested because 70% of companies have fewer than 500 devices in total, and more than 30% have fewer than 100 connected devices.
5. Usability Usability isn’t just about simplicity; it’s also important in terms of reducing the time and costs required to train and onboard staff. Ensure that the data model and interface hasn’t been designed with one industry-specific scenario in mind and that it can be adapted to other use cases.
6. Interoperability Interoperability refers to systems downstream of the IoT platform, such as your existing workflows and ERP tools.
7. Modularity IoT modules are the building blocks that sense, collect, store, and transmit data. Modularity in an IoT platform means picking and choosing the functionalities you need to design your own industrial applications.
8. Degree of Open Source Ideally, an IoT platform will be vendor and technology agnostic. An open-source approach will help avoid vendor lock-in, giving businesses the flexibility to switch to another vendor if necessary.
9. Edge Capabilities Edge processing means the platform can make autonomous decisions locally without delegating the decision to the cloud. This is a preferred approach when the processing of data is time-sensitive, or if the facility is located in an area with limited or no cloud connectivity.
10. Multi-Cloud Option A multi-cloud or hybrid-cloud approach means having mission-critical business processes managed by on-premises IT systems for speed and security, while public-facing or less-critical operations are managed by a cloud platform.
11. Pre-configured Solution A pre-configured solution enables the acceleration of IoT projects to get started much earlier than if IoT devices have to be connected to the platform manually. Preconfigured solutions are usually offered by vendors who provide a total IoT package — including a hub, digital twins of devices, and gateway software.
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