Frost & Sullivan Reveals Top Internet of Things Platforms Poised for Growth
May 08, 2019 / Frost & Sullivan
With over 60 billion connected devices expected globally by 2024, IoT is a complex ecosystem that integrates Information technology (IT) with operations technology (OT) to generate data that can be analyzed to increase revenues and improve business productivity. IoT platforms are the building blocks of IoT solutions, offering multiple services such as application enablement, device management, and connectivity management. Frost & Sullivan leveraged in-depth analysis built on a 360-degree research methodology and evaluated over 1,000 platforms globally. The team of analysts and experts then determined 400 companies to have true platform capabilities across multiple vertical markets and consumer segments. Finally, the 29 companies selected for the Frost Radar represent the leaders in the industry that provide a wide range of services and solutions that are at the cutting edge of innovation and growth in this highly fragmented market.