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 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 (to be deleted) Quadrant
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- Support Activities
- Customer support service
- Support Program
- Support Training
- Frequency of Support Service
- Channel for Delivery of Support Services
- On-Site Support
- Remote Support
- Breadth and Depth of Product Offerings
- Solution Features
- Real-Time Streaming Analytics
- Data Analytics and Visualization
- Security Solutions
- Data Management
- Consulting Services
- Support and Maintenance Services
- Managed Services
- Product Features and Functionality
- Industry Coverage
- Smart Retail
- Connected Healthcare
- Connected Logistics
- Smart Energy and Utilities
- Smart Manufacturing
- Deployment Model
- Customer Type
- Large Enterprises
- Focus on Product Innovation
- Product Innovation
- R&D Spend