Best Industrial IoT Platforms of 2024

Use the comparison tool below to compare the top Industrial IoT platforms on the market. You can filter results by user reviews, pricing, features, platform, region, support options, integrations, and more.

Overview of Industrial IoT Platforms

Industrial Internet of Things (IIoT) platforms are a set of hardware and software technologies used to interconnect machines and physical devices with the internet. The IIoT platform allows users to collect, analyze, monitor, and manage data from industrial equipment in real-time. It provides access to production systems, sensors, and devices that can be remotely viewed or monitored for predictive maintenance or operational optimization.

Hardware components in an IIoT platform include gateways, edge computers, Industrial Controllers (ICs), field devices such as sensors and actuators. Gateways serve as a bridge between field devices (or production lines) and the cloud/enterprise system for data transport. They allow communication protocols to interact with one another so that data can flow across different networks without having to be reformatted each time. Edge computers are embedded into parts of the machinery on the factory floor; they process the immense amount of data produced by various hardware components in real-time while keeping it secure within the local environment before sending it off to a centralized location. ICs provide specific commands capable of controlling pieces of machinery through code programming while also being able to communicate with other industrial control systems.

Software components in an IIoT platform are just as important as its hardware counterpart; these include applications such as analytics portals or dashboards for visualizing output from connected machines along with development tools for managing all operations related tasks such as deploying firmware or changing configuration settings on a device. Also included are IoT Platforms which act like an operating system allowing users to connect their IIoT ecosystems together. This makes it easier for developers to build powerful applications from scratch or even migrate existing solutions into the new infrastructure. These platforms often come with features like device management capabilities, security protocols, and scalability options designed specifically for large-scale projects where performance matters most.

The benefits offered by an IIoT platform are numerous: increased efficiency due to improved visibility into operations processes, better decision making based on more accurate analytics gathered from connected machines, reduced downtime since issues can be identified early on due to predictive maintenance capabilities, cost savings by optimizing resources more effectively than ever before, lower labor costs associated with manual monitoring processes being replaced by automation technology, and overall better safety conditions due to heightened awareness surrounding physical assets located throughout facilities.

In short, an IIoT platform is a comprehensive suite of hardware and software components that enable organizations to unlock the full potential of their industrial processes. It allows them to collect data from connected devices in real-time, analyze it for improved decision making, and manage operations more efficiently than ever before. In addition to these benefits, IIoT platforms also offer increased safety, cost savings, and improved scalability for large-scale projects.

Reasons To Use Industrial IoT Platforms

Industrial Internet of Things (IoT) platforms can be used to facilitate connection and communication between physical devices and people. Here are eight reasons why industrial IoT platforms should be considered:

1. Enhanced Monitoring: Industrial IoT platforms can enable greater visibility into operations with the ability to monitor in real time, identify anomalies faster, and respond quickly to changing conditions on the factory floor or in remote locations.
2. Improved Asset Utilization: By harnessing data from connected devices, manufacturers can more effectively manage assets across distributed locations and improve asset utilization rates. This leads to improved efficiency and capacity utilization that reduces costs without sacrificing quality standards or production throughput times. 
3. 3. Decreased Management Costs: Automation enabled by industrial IoT platforms allows companies to streamline manual processes while reducing labor costs associated with managing large-scale operations — something particularly critical for organizations with multiple suppliers, customers, or global sites operating in an interconnected environment. 
4. 4. Increased Efficiency: Automated data collection from a variety of sources helps companies optimize their operations by enabling them to make better decisions based on real-time feedback rather than relying on reactive responses which can increase cost significantly over time. 
5. 5. Enhanced Security Protection: With increasingly sophisticated cyber attacks occurring around the world, it’s important for organizations that rely heavily on physical infrastructure like factories and warehouses protect themselves from potential threats through utilizing secure industrial IoT solutions that isolate users from malicious actors trying to exploit vulnerabilities in networks and endpoints leading up to systems within these facilities. 
6. 6 Predictive Maintenance & Quality Control Solutions : Industrial IoT solutions allow organizations to proactively monitor equipment health; identify potential issues before they happen; keep track of supplier performance; ensure product quality; alert staff when corrective action is needed; as well as gain insight into operational efficiencies and compliance requirements with international standards such as ISO 9001 or even FDA regulations covering medical device manufacturers

7 Safer Workplace Environment : Many industries have deployed temperature monitoring devices throughout their facilities knowing the danger extreme temperatures present including those found in manufacturing settings – like foundries – where safety is always taken seriously

8 Digital Transformation Capabilities: As companies move toward greater digital transformation initiatives, they will want access to reliable and secure industrial computing capabilities provided by robust IoT platforms capable of delivering cloud services tailored specifically for each industry's needs.

Why Are Industrial IoT Platforms Important?

Industrial IoT platforms are increasingly important for businesses in the 21st century. As technology continues to advance, industries need an efficient way to access and utilize data from numerous connected devices. Industrial IoT Platforms provide a comprehensive suite of solutions that allow organizations to monitor, analyze and control their connected systems more effectively and efficiently.

IoT platform solutions offer a variety of advantages including cost-effectiveness, scalability, customer advocacy and business agility. Cost-effectiveness is achieved by leveraging existing infrastructure while reducing upfront capital expenses associated with new investments in hardware or software. Scalability allows businesses to easily add additional users or devices as needed without needing to expand storage capacity or processing power requirements. Furthermore, platform solutions can provide customer advocacy features such as remote monitoring capabilities which help ensure clients’ satisfaction with product performance and effectiveness. Finally, industrial IoT platforms enable businesses to stay agile as they make rapid changes based on customer feedback or market conditions quickly by using real-time analytics gathered from connected device data.

In conclusion, industrial IoT platforms offer great potential for organizations looking for ways to streamline operations, reduce costs and stay ahead of the competition in rapidly changing markets. By using the latest in connected device technology, businesses can leverage these platforms to gain real-time insights into customer needs and make informed decisions which ultimately lead to improved efficiency and an enhanced bottom line.

Features Provided by Industrial IoT Platforms

1. Automated Device Management: Industrial IoT platforms provide a range of automated device management features, such as the ability to connect multiple devices, monitor their performance remotely and receive notifications when any issues arise. This allows businesses to ensure that all their connected devices are secure and functioning properly at all times.
2. Data Visualization: These platforms also offer real-time data visualization capabilities, helping users quickly gain insights into how their connected assets are performing. With this feature, visual representations of raw data can be generated, allowing organizations to track key metrics like temperature or energy consumption over time in order to take corrective actions whenever necessary.
3. Predictive Analytics: Through predictive analytics tools included in many Industrial IoT platform offerings, users can detect potential issues before they occur by monitoring patterns in large datasets over time and detecting anomalies in performance data before they develop into full-blown problems. This helps companies proactively identify and address issues that could otherwise lead to downtime or financial losses down the line.
4. Edge Computing Capabilities: Many industrial networks rely on computational processing power located at the edges of their networks for certain operations or tasks that need low latency responses that wouldn’t be possible if relying on cloud-based computing resources alone. The edge computing capabilities provided by industrial IoT platform solutions let users deploy applications directly onto those edge nodes with ease, ensuring high levels of system responsiveness without sacrificing other performance metrics like scalability or cost efficiency either way.
5. Security Features: Security is essential for any organization working with Internet-connected assets and using an Industrial IoT platform provides access to dedicated security measures designed for resource protection from malicious actors, both internal and external alike, including authentication protocols which grant access only to authorized personnel alongside encryption algorithms used for protecting sensitive data across the networked infrastructure itself at rest as well as during transit between endpoints involved with its usage cycle.

Who Can Benefit From Industrial IoT Platforms?

• Manufacturers: IoT platforms can help manufacturers streamline their operations and reduce their production costs, optimize their inventory levels, and track supply chain performance.
• Hardware Providers: Industrial IoT platforms enable hardware providers to develop, deploy, and manage connected sensors and devices. Additionally, they can use these platforms to further monetize the data that is collected by their products.
• Software Developers: By leveraging industrial IoT platforms, developers are able to create applications that allow users to access remote data in real time and take action on the insights generated from it.
• System Integrators: System integrators benefit from industrial IoT platforms as they provide a comprehensive suite of services that enable companies to easily build connected systems & implement them into existing processes or architectures.
• Data Scientists/Analysts: With access to the right platform tools & datasets, data scientists & analysts can leverage analytics techniques like machine learning & AI inference models for more informed decision making based on predictive analytics.
• End Users/Consumers: End users/consumers benefit from increased convenience offered by connected technologies that are enabled through industrial IoT platforms such as real-time monitoring of assets or remotely controlling devices without ever leaving home.

How Much Do Industrial IoT Platforms Cost?

The cost of an industrial IoT platform can vary significantly depending on the features, capabilities, and complexity of the system. Generally speaking, industrial IoT platforms range from a few hundred dollars for basic monitoring capabilities to tens of thousands of dollars for more advanced systems. At the lower end, entry-level solutions tend to offer relatively limited features, such as basic device connectivity and data collection. As you move up the pricing scale, more specialized systems become available with advanced features like analytics and machine learning algorithms. Many companies also offer their own proprietary hardware and software components that add significant value to the overall package but come at a higher price tag.

For larger implementations where an industrial IoT platform needs to connect hundreds or even thousands of devices across multiple sites or locations, costs can quickly add up as additional hardware components are added in order to enable secure communication links between each device. In addition to this infrastructure investment, businesses must also factor in licensing fees for software applications such as analytics platforms or asset tracking tools which can further increase costs.

It is important that businesses carefully consider budgeting when selecting an industrial IoT platform, while cutting corners may lead to initially lower upfront costs it could mean missing out on valuable technology insights later on down the line if not enough money has been invested into a suitable solution at the beginning.

Overall, there is no one-size-fits-all answer when it comes to determining how much an industrial IoT platform should cost. It really depends on what business requirements need fulfilling and what level of technology investments are needed in order to achieve them.

Risks To Consider With Industrial IoT Platforms

• Compromised Data Security: Industrial IoT platforms are vulnerable to attacks from hackers, malware, and viruses. These could give access to sensitive information or control of the connected devices.
• Unreliable Connectivity: Poor network connectivity can compromise performance and reliability, jeopardizing the data integrity of an industrial IoT platform.
• Malicious Software Eradication: Malware and other malicious software can be difficult to detect or eradicate quickly on an industrial IoT platform, creating further security risks.
• Exposure of Software Flaws and Backdoors: Any bug, flaw or backdoor in a platform’s software may provide unauthorized access, leading to potential data breaches.
• Compliance with Regulations: Organizations must ensure their industrial IoT platforms comply with regulations such as GDPR in order to avoid potential fines or legal repercussions.
• Network Congestion: If a network becomes overloaded due to an abundance of connected devices, the performance or services being delivered could be reduced drastically.
• Accessibility Issues: Technology such as accessibility modifications must be implemented in order for individuals with disabilities to access the platform’s services and capabilities.
• Lack of Protection: Without the implementation of strong physical and logical security measures, an industrial IoT platform is at risk of malicious actors gaining access.

What Software Do Industrial IoT Platforms Integrate With?

Industrial Internet of Things (IoT) platforms can be used to connect and analyze physical machines, devices and processes to provide data-driven insights for an organization. These platforms are typically composed of a set of software applications and services that help businesses gain visibility into their operations by collecting and organizing data from connected equipment.

The types of software that can be used on industrial IoT platforms include operational intelligence solutions, machine learning algorithms, enterprise analytics dashboards, predictive maintenance systems, cyber security measures and integration tools. Operational intelligence solutions enable organizations to access real-time machine performance data in order to enhance the efficiency of production processes. Machine learning algorithms allow predictive features such as predictive maintenance which helps identify potential issues before they become serious problems. Enterprise analytics dashboards allow businesses to monitor key performance indicators across multiple departments or locations so that management can make informed decisions about their operations. Predictive maintenance systems use advanced artificial intelligence techniques such as pattern recognition to identify signs that indicate when a piece of machinery is likely to require repairs or replacement parts in the near future.

Cyber security measures are also necessary for protecting sensitive information shared between device connections on an industrial IoT platform from malicious activities like hacking attempts or unauthorized third-party access. Integration tools enable seamless connection between various pieces of hardware, software applications, cloud networks and other related technologies required for modern industrial IoT systems.

Questions To Ask When Considering Industrial IoT Platforms

1. What level of customization is available? Does the platform provide APIs, or other building blocks that can be used to construct a desired solution?
2. What types of sensors does the platform support? Are there any compatibility issues with existing infrastructure and hardware equipment?
3. How secure is the platform? Is data encrypted in transit and at rest, and what measures are taken to prevent unauthorized access?
4. Does the platform allow for remote monitoring, configuration, and maintenance of IoT devices? If so, how much control does it give users over their networks and configurations within them?
5. How reliable is the system for handling large amounts of data from many connected devices simultaneously? Are there limits on bandwidth utilization or restrictions on simultaneous connections that could bottleneck operations during peak usage times?
6. Can analytics be done on the collected data within the IoT system itself, or must this be done externally using third-party applications? Is artificial intelligence (AI) available as an option in order to better interpret inputs from different devices/sources simultaneously?
7. What kind of customer service/technical support options are available if something goes wrong with either device setup or operation afterwards down the line? Do they offer extended warranties beyond basic product guarantees in case something breaks due to normal use after a certain period of time has passed by?
8. Is there an existing user community providing feedback, best practices, and online resources to speed up the learning process? Does the platform host official hackathons or competitions designed to encourage innovation and collaboration amongst developers working with the system?