IoT can be defined as an interconnected system in which devices are connected using network communication technologies. IoT device management is the backbone of an IoT architecture that enables communication between devices or things. IoT device management software provides provisioning, monitoring, authentication, device configuration, software update, and patch management, all of which are indispensable requirements for IoT deployment. Thus, IoT device management aims at managing the exponentially growing IoT devices, providing extraordinary customer experience, maximum uptime, and device security.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.
IoT device management solutions find enormous applications in the healthcare vertical; for instance, in monitoring and notifying a patient’s medical health parameters and medication. Additionally, IoT telecom services are applied for easy monitoring and ad-hoc patient diagnosis, offering automation in operations. The latest IoT-enabled diagnostics devices combined with lab-on-chip technologies have opened innovative treatment opportunities to further arrest the progression of various serious diseases. The transportation and logistics vertical are facing challenges in tracking their logistics components, including trucks and drivers, among various others to achieve automation and scalability in their operations. IoT application in connected logistics allows clients and logistics providers to make quick adjustments, in case there is any delay in shipments. IoT services strengthen supply chain management by offering transparency so that the users can take effective decisions in real-time. IoT is empowering the utility vertical by offering smart services such as smart grid for energy consumption, smart gas metering, and smart water metering. The smart utility domain manages the infrastructure which offers vital services to communities such as water, electricity, and gas. IoT plays a key role in the manufacturing application through identification technologies. By using smart devices such as sensors, actuators, and tags, the production processes can be optimized, and the entire lifecycle of objects from production to delivery can be monitored. By tagging items and containers, the status of the shop, location, and disposition of materials, and the status of production machines can be obtained.
IoT Device Management Quadrant
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- Support Activities Provided
- Customer support service
- Support Program
- Support Training
- Frequency of Support Service Offered
- Feature and Functionality
- Focus on Innovation
- R&D Expenditure
- Solution Features Offered
- Real-Time Streaming Analytics
- Data Analytics and Visualization
- Security Solutions
- Data Management
- Services Offered
- Consulting Services
- Support and Maintenance Services
- Managed Services
- Enterpises Catered
- Large Enterprises
- Preferred Medium of Delivery of Support Services
- On-Site Support
- Remote Support
- Deploment Model