- 7 IoT Platform vendors to watch out for - September 21, 2019
- 6 Decision making criteria that will affect IoT platform vendor selection this year - August 22, 2019
- Ten reasons to use IoT platform-based services. - July 15, 2019
IoT platform vendor market is highly competitive with umpteen small and large players providing differentiated services. And just for an idea of how this market has grown over the five-year period, funding went from $1.2 billion in 2011 to nearly $3 billion in 2015, as per a report from CB Insights. While the competition is good since it gives choices and price advantages to the enterprises and businesses implementing or using these IoT platforms. The partner managers are challenged with decision making on which platform vendors to choose from.
A recent blog in https://www.iotforall.com talks about 6 Decision making criteria that will affect IoT platform vendor selection this year. It mentions key 6 decision-making criteria which any leadership team needs to mull over before selecting an IoT Platform vendor. The criteria are around the below 6 vectors.
When we look at the IoT platform vendor landscape, analyse which are the companies to watch out for in the enterprise smart city solutions which cover waste management, smart street lighting, energy and water metering, utility management, we see that there are 7 companies which are nimble and have a lot of relevance to the 6 decision-making criterion we see above.
Let’s talk about each of these 7 companies with their strength and alignment with the criteria mentioned above.
Altair provides the development platforms ‘Altaircore’ and customers can develop their own solutions on top of it. The platform has good data visualization, storage capabilities. Using Altaricore, users can have precise collaboration in all the analysis of data in real-time. Altair Core customers have appreciated the platform for its great usability, critical to engage the end-users.
Enevo is a complete solution that automates the planning of waste collection and optimizes your routes. It uses patented wireless ultrasonic sensors to remotely measure the fill-level of waste containers. And there is a cloud service to forecast when bins become full and optimize the collection routes and schedules. The drivers get guidance through the routes that get delivered to their cellular-enabled tablets. Enevo software can analyze waste patterns to reduce costs, better structure waste collections, track missed collections, and increase recycling diversion rates.
Mprest has an off-the-shelf application which provides a great time to market and quality. It has good interoperability with existing toolsets and thus gives flexibility to the customer. The product is available on-prem as well as SaaS. Mprest is a complete platform that provides other smart city solutions apart from waste management. Mprest solution has a vendor-agnostic architecture that enables integration with existing digital and smart city applications. It connects, integrates and leverages data from myriad sensors and systems.
Continuity1(C1) is a platform based IoT services company which specializes in providing smart city and waste management solution using Open, scalable and modular platform. The platform is based on generic AWS IoT and cloud infrastructure which makes it easy to adapt and evolve. C1 provides analytics and dashboarding modules as a part of the platform. The platform, being open, the cost parity and time to market are some of the salient differentiators for C1.
Telensa is a global leader in smart street lighting solutions. It offers wireless smart city applications that help cities around the world to save energy. The company provides cities and utility companies an open, low-cost platform to add multiple sensor applications. It’s a highly scalable platform with 300K+ lights supported as of date.
Gembo provides a smart city solution with great data analytics, visualization, and monitoring. One can visualize statuses and KPIs at any level in the corporation. It helps city utility managers gain real-time insights into the overall effectiveness of their waste processing, power, water purifier plants, etc. It supports a large variety of utility equipment for instant time-to-big-data.
Sensus, a Xylem brand company, has IoT Smartcity vertical with multiple solutions under it ranging from Advanced Metering Infrastructure, Automatic Meter Reading, Leak Management, Data Analytics, Lighting control, etc. Sensus’s solutions collect data related to advanced metering infrastructure, automatic meter reading, billing, and consumption; and assist customers to enhance their technologies and communication networks. The company serves a wide range of public service providers from utilities and cities to industrial complexes and campuses.
To sum up
It’s generally a 5 step process in vendor selection – Budget allocation, Business use case definition, identification of vendors, evaluation against the decision-making criteria, and then partner the vendor.
Based on the use cases and budget, the companies can choose whichever platform vendor gives them the flexibility to pivot, scalability, time to market.
Continuity1 has been an IoT platform service provider to its trusted partner. We provide bespoke services with a budget, time to market, and other decision-making criteria in perspective. Speak to one of our representatives for more details.