10 Best IoT Cloud Platforms 2022

10 Best IoT Cloud service providers

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

That’s the question we intend to answer here.

According to IDC forecast, the overall spending on cloud infrastructure worldwide including software and hardware components, managed and professional cloud services, etc. will increase by 1.3 trillion US dollars by 2025, growing at a compound annual growth rate(CAGR) of 16.9%.

Innovating in this field will not only give your company the chance to make some real money but also help in improving the quality of human life. Here’re a few amazing case studies of companies that 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

Contents

The market for IoT: Witnessing explosive growth
IoT software development challenges: Why IoT cloud platforms matter
10 Best IoT Cloud Platforms and their Comparison
Which Cloud IoT Platform Should You Go With?
Finding the right developers for IoT cloud development
Conclusion

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 devices 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 applications are 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 project 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 fits 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 select 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 healthcare equipment. A small error in planning your test conditions can have fatal consequences, moreover, you will likely find it hard to select 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. A hybrid software development platform is essential, however, you can’t achieve 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, ease of integration, and better IoT device management. These IoT cloud 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 the best IoT cloud platform, we will now reveal our comprehensive IoT cloud list.

10 Best IoT Cloud Platforms and their Comparison

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. However, there are some great services available to make things easier for IoT cloud users.

There are already plenty of cloud services out there 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 the 10 best IoT platforms available today.

1. Amazon Web Services IoT Platform

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 of 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 interactions 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 between the endpoints. 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) for app development to help developers build and run applications 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

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 become a complete IoT solution provider.

The pricing is done in 4 tiers based on how much IoT 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 next-level applications. Check out our article here for more info.

3. IBM Watson IoT Cloud Platform

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.

The 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 and see if their cloud IoT solution works for your business.

IBM Watson also offers some cool security features based on machine learning and data science for business process automation purposes. I wrote about some of them here.

4. Google IoT Cloud Platform

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 real-time data processing is expected. They also offer “Google grade” security. Moreover, using this platform 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 IoT

Oracle is a platform as a service (PaaS) provider that seems to be focusing on managing manufacturing and logistics workloads. They want to help you get your business products faster to market.

Oracle provides real-time IoT data analysis and endpoint data management to help businesses make critical decisions. Device visualization for easy device data analytics is another pro to using the Oracle IoT cloud platform.

Pricing for Oracle IoT 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 IoT

Salesforce specializes in customer relations management. Salesforce IoT 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 effectively.

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

7. Bosch

Bosch is a German-based 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 is based on open source IoT standards.

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

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.

Cisco IoT Cloud Connect provides robust features like industry-level cloud solutions, advanced security, edge-computing, centralized data management, etc.

Popular use cases for Cisco IoT Cloud Connect include home security, healthcare, predictive maintenance, payment solutions, etc.

9. General Electrics Predix

General Electric has 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 that you can try out.

10. SAP

The SAP homepage reads like a buzzword dictionary for the last couple of years. Here is 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!

Some prominent features of SAP IoT cloud platform include,

  • Building AI apps using IoT data,
  • Reliable message processing,
  • Secure data management,
  • easy integration of IoT protocols with legacy systems, etc. 

Pricing is easy to understand, with 3 tiers for

  • Developers
  • Medium Business
  • Enterprise

Which Cloud IoT Platform 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 with more than 200 fully-featured cloud services APIs available through data centers placed globally. However, it could be an expensive option for small startups to medium-sized businesses.

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.

Conclusion

Businesses are increasingly depending on cloud infrastructures given the flexibility they add to the business operations. You and your technical team get free from hosting, managing, and maintaining hardware and software components.

If you are planning to invest in any type of cloud services from PaaS, SaaS, IaaS, etc. you will require an expert team of software engineers. They will help you opt for the most suitable IoT cloud platform without disrupting your existing system.

If you are looking for such cloud engineers, DevTeam.Space can help you. Get in touch via this form stating your cloud computing requirements. 

One of our technical managers will get back to further answer your questions and to connect you with expert software developers, experienced in cloud computing solutions.

Frequently Asked Questions

What is an IoT cloud platform?

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

Is it costly to invest in an IoT platform?

There are many cloud IoT platforms available today due to their increasing popularity among businesses. Big data availability and the requirement of high computing power to process it efficiently are making cloud infrastructure popular. Most cloud service providers offer various plans. You can start from smaller packages and gradually increase your cloud resources.

What is a good IoT cloud platform?

A good IoT cloud platform helps to optimize business operations, reduces unexpected downtime, gather performance data, provides on-demand scalability, etc. Amazon’s AWS, Microsoft’s Azure IoT Hub are two examples with numerous available services, tools, and templates. 

Suggested Further Reading on Cloud Computing on Our Blog

10 Best Cloud Storage Solutions for Small Business

Top 10 Benefits of Cloud Computing for Business

Why Your Business Should Migrate to the Cloud

Some of Our Projects

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