Gartner Research

Market Insight: Designing New IoT Services for IoT Platforms Becomes a Priority

Published: 19 July 2017

ID: G00329103

Analyst(s): Emil Berthelsen

Summary

The comparison of core features among leading industrial Internet of Things platforms has started to reflect limited differentiation. Technology business unit leaders should seek differentiation not in features, but in the availability of IoT services beyond their platforms.

Table Of Contents

Analysis

  • Challenging Economic Returns
  • IoT Services Beyond the Platform Space

Background and Context

  • A Diminishing Field of Differentiation in Features
  • An Increased Harmonization of Reference Architectures
    • The Industrial Internet Consortium (IIC)
    • Industrie 4.0
    • Industrial Value Chain Initiative
  • Improved Economic Returns
  • Development of New IoT Services
    • Security
    • Data Monetization
    • Analytic Libraries

The Impact

  • Alignment of IoT Platforms
  • Profitability or Fair Economic Returns
    • Development of Open IoT Architectures
    • Development of New IoT Services

Conclusion

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