Navigant Research Names Microsoft, Amazon, IBM, and PTC Leading IoT Platform Providers

Successful IoT platform vendors will cut through the complexities
of IoT deployments and distance themselves from the pack, report finds

BOULDER, Colo.–(BUSINESS WIRE)–#Amazon–A new Leaderboard Report from Navigant
Research examines the strategy and execution of 15 Internet of
Things (IoT) platform providers, with Microsoft, Amazon, IBM, and PTC
rated the highest across 10 criteria.

Utilities and large enterprises using IoT technologies rely on an
ecosystem of vendors to help them harness an increasing number of
connected devices, processes, and large data volumes that can unlock
valuable business insights through analytics tools. As demand for IoT
technology increases, many vendors have cobbled together IoT platforms
as a foundational solution that promises to bring order, control, and
economic advantages. Click
to tweet: According to a new Leaderboard report from @NavigantRSRCH,
Microsoft, Amazon, IBM, and PTC are the leading IoT platform providers.

“The crowded IoT value chain has attracted numerous platform vendors,
each trying to grab a piece of what has so far been a fragmented
market,” says Neil Strother, principal research analyst with Navigant
Research. “The leaders in this segment have developed IoT platforms that
enable customers to better harness large data sets from devices and
sensors, and then turn that data into useful business outcomes.”

The challenge for these vendors, however, is to cut through the
complexities of IoT deployments, and distance themselves from the pack.
According to the report, vendors with innovative and differentiated
products that become standard across a particular industrial sector, or
sectors, will have the market advantage.

The report, Navigant
Research Leaderboard: IoT Platform Vendors, examines the
Strategy and Execution of 15 vendors offering IoT platforms relevant to
utilities and other industries taking on digital transformation
projects. These vendors are rated on 10 criteria: vision; go-to-market
strategy; partners; technology; geographic reach; sales, marketing, and
distribution; solution performance; product portfolio; pricing; and
staying power. Using Navigant Research’s proprietary Leaderboard
methodology, vendors are profiled, rated, and ranked with the goal of
providing industry participants with an objective assessment of these
companies’ relative strengths and weaknesses in the IoT platform market.
An Executive Summary of the report is available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the firm primarily serves clients in the healthcare,
energy, and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Navigant Research Leaderboard: IoT Platform Vendors, is a
summary and reflects Navigant Research’s current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the
report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]