The IoT industry is quickly evolving into a non-device centric technology model. As such, businesses today are demanding that IoT solution providers utilize every resource available to optimize customer outcomes. In response to these demands new tools are being introduced for those who are leading the charge in the IoT design and development space. These tools are enabling IoT solution providers to remain competitive through the power of new integrated cloud-to-edge IoT ecosystems. Today, IoT solution providers have access to a diverse range of hardware and software platforms, that are comprised of pre-built solutions that encompass everything from the edge device to global cloud services. These ecosystems also imbed the required high levels of security along with the modularity to provide enhanced customer value-add and accelerate critical time to market. The following article does an excellent job of detailing what this ecosystem is and how it works.
Though the internet of things (IoT) industry has only recently emerged from the several industries (portable electronic devices, transportation, shipping, and wireless communications) whose technology, organization and infrastructure gave birth to it, there have already been massive shifts in how IoT devices and solutions are developed, deployed and managed. Early IoT solutions were often focused on the device hardware itself and competition derived from that device’s performance. With increased adoption and innovation of IoT hardware and cloud services, end users and IoT developers alike are now realizing the power of data collected at the edge and processed in the cloud. This realization has led to a change in the traditional IoT business model of device performance to that of achieving desired business outcomes for a customer.