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10 Best IoT Cloud Platforms 2020

Are you looking for the 10 best IoT cloud platforms on this year?

That’s the question we intend to answer here.

According to Kinsta, “Based on projections from the IDC, worldwide spending on public cloud services and infrastructure is forecast to double over the next five years. Growing from a $229 billion run rate in 2019 to almost $500 billion by 2023.”

Innovating in this field will not only give your company the chance to make some real money but also to help make your mark on humanity. Here’re a few amazing case studies of companies who hired DevTeam.Space to build similar products:

  1. IVEE – Wi-Fi voice-activated assistant software and hardware
  2. Photofy – Social Network Android and iOS App
  3. ModulTrade – Smart Commerce eCommerce Application

The market for IoT: Witnessing explosive growth

The global IoT market is growing rapidly. A Cision PR Newswire report states that the global IoT market was worth $164 billion in 2018, and it will see a CAGR of 38.62% between 2019 and 2025.

A Statista report forecasts that end-user spending on IoT will increase significantly between 2020 and 2025. This report states that this spending will grow up to $1.567 trillion in 2025.

While estimates of different market research reports vary, you can’t overlook the fact that IoT is experiencing massive growth. Is it all smooth sailing, though? It’s not, and we turn our attention to this now.

IoT software development challenges: Why IoT cloud platforms matter

Indeed, IoT has transformative potential in nearly all walks of life. However, IoT software development remains challenging. We now examine a few of these challenges, e.g.:

  • Choosing the right operating system (OS): IoT devices aren’t as powerful as your desktop and they have limited memory capacity. You need to choose an appropriate OS that delivers your desired functionalities as well as fit the capabilities of the device you will use.
  • Selecting the right gateway: Different IoT devices use different protocols, therefore, you need reliable gateways to use them in your app. A few key providers of such gateways are Dell and Intel, and you need to carefully the right provider for your requirements.
  • Security: Many IoT devices might not have been tested for penetration, therefore, they are easy targets for cybercriminals. Cyber-attackers have to hack just one device, and they get access to an entire IoT network! Security is a paramount challenge in IoT development.
  • Quality assurance challenges: Depending on your use case, testing your software can be extremely critical as well as very hard to conduct! Think of IoT devices in medical equipment. A small error in planning your test conditions can have fatal consequences, however, you will likely find it hard to the right parameters for testing.
  • User-friendliness: IoT is still a relatively new technology, therefore, the software developers and UI designers are still learning how to make IoT systems user-friendly enough.
  • Cross-platform deployment: Your users need to use your IoT app across different platforms to realize its value, however, the IoT ecosystem has a variety of architectures, protocols, and operating systems. Cross-platform deployment is essential, however, you can’t do that so easily.

Are you planning to develop an IoT app? You are likely contending with one or more of the above-mentioned challenges, as we write this. Well, IoT cloud platforms can significantly ease your life!

They provide connectivity, security, scalability, and ease of integration. These platforms also help you to improve the usability of your IoT app. Read more about this in “7 challenges of IoT software development”.

To find out our best IoT cloud platform, we will now reveal our comprehensive IoT cloud list.

Cloud Platforms-as-a-Service IoT cloud platforms comparison

A house flying with the help of a cluster of multicolored balloons attached to it

Let’s take a few moments and dive deeper into why IoT cloud platforms matter. We already talked about the exponential growth of IoT devices. So how do we deal with this many new devices?

As these devices start to become connected, we need a place to send, store, and process all of the information. Setting up your own in-house system isn’t practical anymore. The cost of maintaining, upgrading and securing a system is just too high, and there are some great services available.

There are already plenty of cloud services available for your personal information. All of these companies are trying to position themselves as leaders in the Internet of Things revolution. Over the next 5-10 years, we will witness a bloody battle for market share.

So which is the best IoT software? As with every IT system or service, different IoT solutions have their advantages and disadvantages. Here is a comparison of the major players, to get an idea of what is on offer at the moment.

Here’s a list of 10 best IoT platforms available today.

1. Amazon Web Services IoT Platform

An infographic showing how to improve driver safety with connected cars

Amazon dominates the consumer cloud market. They were the first to really turn cloud computing into a commodity way back in 2004. Since then they’ve put a lot effort into innovation and building features, and probably have the most comprehensive set of tools available.

It’s an extremely scalable platform, claiming to be able to support billions of devices, and trillions of interaction between them.

Pricing is based on messages sent and received by AWS IoT. Each IoT interaction can be thought of as a message between a device and a server. Amazon charges per million messages sent or received. There are no minimum fees, and you won’t get charged for messages to the following AWS services:

  • Amazon S3
  • Amazon DynamoDB
  • AWS Lambda
  • Amazon Kinesis
  • Amazon SNS
  • Amazon SQS

They also have a software development kit (SDK) to help developer build applications to run on AWS.

While Amazon probably has the most comprehensive service of all the IoT platform providers, it can also be quite expensive.

2. Microsoft Azure IoT Hub

A yellow and blue chat balloon with a blue wrench

Microsoft is taking its Internet of Things cloud services very seriously. They have cloud storage, machine learning, and IoT services, and have even developed their own operating system for IoT devices. This means they intend to provide a complete IoT solution provider.

The pricing is done in 4 tiers based on how much data your devices will generate. Below 8,000 messages per unit per day is free. It does get complicated when you start to integrate with other Microsoft services, but they have a great pricing calculator to help you out.

Like Amazon, Google, Oracle and IBM, Microsoft also has some other cool services you can use on their cloud platforms. These include things like machine learning data analytics so you can build some really cool applications. Check out our article here for more info.

3. IBM Watson IoT Platform

A Watson logo

IBM is another IT giant trying to set itself up as an Internet of Things platform authority. They try to make their cloud services as accessible as possible to beginners with easy apps and interfaces. You can try out their sample apps to get a feel for how it all works. You can also store your data for a specified period, to get historical information from your connected devices.

Pricing works on three main metrics:

  1. Data Exchanged
  2. Data Analyzed
  3. Edge Data Analyzed

You’ll get 100 MB of each for free every month, so you can try it out.

IBM Watson also offers some cool security possibilities based on machine learning and data science. I wrote about some of them here.

4. Google Cloud Platform

A Google Cloud Platform logo

Search giant Google is also taking the Internet of Things very seriously. They claim that “Cloud Platform is the best place to build IoT initiatives, taking advantage of Google’s heritage of web-scale processing, analytics, and machine intelligence”.

Their focus is on making things easy and fast for your business, where instant information is expected. And, offer “Google grade” security. Using this platform also lets you take advantage of Google’s private global fiber network.

Pricing on Google Cloud is done on a per-minute basis. It is usually cheaper than Amazon Web Services and even has a price comparison tool to show you how much you’ll save. But doesn’t have the same extensive tools and documentation.

Like Microsoft, Google also has its own IoT operating system (based on Android).

5. Oracle

An Oracle Cloud logo

Oracle is a platform as a service provider that seems to be focusing on manufacturing and logistics operations. They want to help you get your products to market faster.

Pricing for Oracle is calculated per device. There is a set number of messages per device, per month, with an additional cost if you go over this number.

6. Salesforce

A Salesforce logo

Salesforce specializes in customer relations management. Their cloud platform is powered by Thunder, which is focused on high speed, real-time decision making in the cloud. The idea is to create more meaningful customer interactions. Their easy point-and-click UI is designed to connect you with your customers.

Pricing is at either a set price of about $4000 per month or on a quote basis.

7. Bosch

An infographic depicting how Bosch IoT operates

Bosch is a German-based company IT company, who have recently launched their own cloud IoT services to compete with the likes of Amazon. They focus on security and efficiency. Their IoT platform is flexible and based on open standards and open source.

The CEO Volkmar Denner says “As of today, we offer all the ace cards for the connected world from a single source. The Bosch IoT Cloud is the final piece of the puzzle that completes our software expertise. We are now a full-service provider for connectivity and the internet of things”.

Pricing is done progressively, so the more you use, the more you pay.

8. Cisco IoT Cloud Connect

A Cisco cloud logo

Cisco is a global leader in IT services, helping companies “seize the opportunities of tomorrow”. They strongly believe that the opportunities of tomorrow lie in the cloud, and have developed a new ‘mobility-cloud-based software suite’.

Their goal is to strengthen your relationship with your customers. What’s more, they actually say their focus is to help you “find new ways to make money”. With all the jargon surrounding cloud computing, it’s nice to hear a company speaking in plain English.

9. General Electrics Predix

A General Electrics Predix logo

General Electric have decided to get into the platform-as-a-service game. They are focused on the industrial market by offering connectivity and analytics at scale for mainstream sectors like aviation.

Pricing is done on a pay-as-you-go basis. They don’t have simple pricing tables like the larger companies.

They also have a cool interactive demo you can try out.

10 SAP

An SAP logo

The SAP homepage reads like a buzzword dictionary for the last couple of years. Here the title of a press release: “SAP Cloud Platform extends its capabilities for IoT, Big Data, Machine Learning, and Artificial Intelligence”.

If you can translate sentences like that, it basically means they are offering the latest tech to earn your business more money!

Pricing is easy to understand, with 3 tiers for

  • Developers
  • Medium Business
  • Enterprise

Which One Should You Go With?

This is a tough question. There is no best IoT cloud platform, and ultimately it will depend on the specific needs of your business. At the moment Amazon is the most established in this field but could be expensive.

If you just want to test out some ideas, go with a provider that offers a free tier. You’ll be able to get a feel for how it works, the pros and cons, and what features you might need in the future.

If you still aren’t sure, contact a development team that has experience in building the type of systems you need and implementing AI and data engineering solutions. They will know the ins-and-outs of every platform, and will easily be able to recommend the perfect IoT cloud platform to take your business to the next level.

Finding the right developers for IoT cloud development

Now that you know about the best IoT cloud platforms, you probably are in a better position to start your IoT cloud development. However, you still need to onboard the right developers.

Which development language should you use? Well, it depends on the subdomain your IoT development project falls in, however, Java, C, JavaScript, Python, and C++ are a few popular choices.

Wondering how you can onboard the right developers? Help is at hand! Our guide “How to find a good software developer” can help you to find competent developers for your IoT development project.

Frequently Asked Questions

What is an IoT cloud platform?

IoT is a system of interconnected computer devices. An IoT cloud platform allows a network of devices to be operated through a cloud-based network. 

How to build an IoT platform?

An IoT cloud platform is a complex project for which you will need an expert development team with experience in cloud development. Contact DevTeam.Space to find such individuals. 

What is a good IoT cloud platform?

Amazon’s AWS, Microsoft’s Azure IoT Hub are two examples. Read this article for more.

DevTeam.Space is a vetted community of expert dev teams supported by an AI-powered agile process.

Companies like Samsung, Airbus, NEC, and startups rely on us to build great online products. We can help you too, by enabling you to hire and effortlessly manage expert developers.

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