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Varied technologies that address similar needs:If you have similar connected system requirements from different business units within the organization but are currently using different technologies, an IoT platform would facilitate interaction between the connected devices and different business applications.
Significantly large operational and maintenance costs arising from both platforms being active until all existing customers have been migrated to the new platform
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IoT platforms abound: Choose wisely
WhileIoT has been all the ragein the past half a decade, the last couple of years have seen frenetic activity in the development of IoT platforms by almost all recognizable players. While the debate continues about which of these platforms will emerge as the first among equals, there is a very real need to tap into the massive amounts of data floating about in an ocean of connected devices.
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Seamless customer onboarding to the new platform without any migration or upgrade-related issues
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As is clearly evident, there are multiple approaches to building an IoT platform, and each has its own unique set of benefits and drawbacks. While selecting one approach among these depends entirely on yourorganizations strategic priorities, the importance of having your own IoT platform cannot be overstated.
An Essential Guide to IoT App Development
With barriers to entry being lower than ever before, there are a lot of new businesses mushrooming around the world. For new companies or existing ones that have no pre-existing investments in any technology or connected platforms, it is best to build a new platform from the ground up. This would make it easier to simplify IoT devices, quickly build network-enabled products and accelerate time to market.
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Integration challenges and platform constraints due to thelack of compatibilitybetween old and new technologies; often technologies have different APIs with different protocols
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IoT platforms enable the building of highly scalable and performantIoT applicationsfor monitoring and managing devices or systems remotely by collecting and processing data.
How to Select and Leverage an IoT Platform
How organizations can prepare for an IoT-based attack
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Not surprisingly, the talk ofbuilding an IoT platformhas been reaching a fever pitch, and it would be very useful to understand what an IoT platform is, who needs it and how does one go about building it.
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Ensure business as usual during the transformation phase by having existing customers on legacy platforms
This approach takes the middle ground by continuing with the connected legacy system as is while building a next-gen IoT platform using the latest technologies. Businesses could look to migrate customers from legacy connected systems to new platforms and eventually retire the legacy technologies. This would be followed by moving to entirely new technologies that are aligned withimproving productivityand ensuring aseamless customer experience.
Just to provide some context, Gartner predicted that there will be 11.19 billion connected devices in 2018, with this number expected to rise to 20.4 billion by 2020. At the same time, IHS forecasted that the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025.
IoT platform engineering: Capitalizing on the massive potential of IoT
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Legacy connected systems:Connected systems built over decades with disparate technologies can create challenges in bringing aboutstandardized connectivity and control. An IoT platform resolves these issues by providing the right connectivity and control.
Minimal disruption to existing customer installations and on-going business
The Internet of Things (IoT) world may be exciting, but there are serious technical challenges that need to be addressed, especially by developers. In this handbook, learn how to meet the security, analytics, and testing requirements for IoT applications.
Existing customer adaption of the new platform due to concerns arising fromprivacy, securityand complexity
As there are heterogeneous subsystems used by different business units of the same organization, an IoT platform facilitates interaction among connected devices and business applications. The absence of a consolidated view of the entire system may create difficulties in reporting and monitoring, which drives up the cost of maintenance.
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It is the Internet of Things, but with an enterprise angle. Take that to mean industry vertical applications, development ecosystems, product design, hardware, deployment and more.
High maintenance and operational costs due to running both the legacy and new platforms
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Configure and get connected:Why invest time in constructing a platform when you can just configure it to your use? This results in less development and engineering effort and more of configuration for connected systems.
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With mounting pressure to capitalize on time-sensitive business opportunities, it is imperative to work with a trusted partner that has an extensive background in building IoT platforms and technologies for both enterprise as well as small and medium-sized businesses.
For businesses that have made significant investments in technology over long periods of time, it is quite common to have multiple connected legacy systems. In such scenarios, it would be optimal to ensure the coexistence of legacy and modern systems. New features and capabilities can be developed on the new IoT platform and integrated with the legacy system over time.
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An IoT platform is essentially a suite of libraries, services or components with which an IoT system can be built and deployed to monitor and manage connected devices and systems.
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A robust and future-ready platform built using the latest technologies and infrastructural elements with no legacy technologies or platforms
There are multiple approaches to building an IoT platform, and it is important to understand the one that best complements your situation. For ease of understanding, lets look at the three most widely accepted ways of building an IoT platform along with their associated benefits and challenges.
Easy migration to the new platform brought about by having tested its stability and reliability
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Innovating IT while reducing legacy complexity, with HPE SimpliVity
Higher time to market to build and test platform compared to using an existing platform
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All of this contributes significantly toward an easy integration of systems while ensuring an accelerated time to market.
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There is clearly a need to integrate multiple systems to achieve efficiencies by continuous data collection from multiple sensors. This data can later be consumed by applications to make intelligent business decisions and carry outreal-time analytics.
An IoT platform is crucial to a business if it relates to at least one of the following scenarios:
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Ease of monitoring and operations:With businesses increasingly moving towards automation, it is imperative to easily monitor and operate a connected system. This allows forpredictive analysisand determining where a machine islikely to failor turning it off after it has delivered the required output.
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