Smart and secure IoT platform

IoT is becoming an increasingly important technology element for companies in almost all industries around the world. Choosing the right IoT platform that is convenient and easy to use, equipped with the right features and providing end-to-end security has become a topic of great strategic importance.

“If there are 100 IoT platforms, there is no platform, only aspirants.”
McKinsey

Over the past few years, approximately 500 IoT platforms have flooded the market and most implementations of IoT solutions that allow these platforms are still in the pilot phase. So we will not be surprised if in the next year or two, about three-quarters of IoT platforms disappear.

While hundreds of vendors claim to offer “core IoT solutions”, IoT platform offerings remain confusing and diverse due to differences in end-user projects, goals and operational requirements, and uneven overlap of many IoT platforms, which naturally led to many customers use more than one platform.

Which key constraints and weaknesses of IoT platforms can be identified?

The main constraints and shortcomings of existing IoT platforms include mainly topics such as low security, minimal interoperability and uncertain scalability. These platforms were developed by a wide range of solution providers, drawing on their own experience and promoting their own existing solutions adapted to meet new requirements.

Today’s IoT platforms are an eclectic mix of components redefined from existing platforms designed for a particular application that attempt to solve currently identified problems.

To make the most of the opportunities that IoT offers and will only offer in the future, it is essential to either make significant changes to existing IoT platforms or create a new, truly intelligent and secure IoT platform.

What should a smart and secure IoT platform look like? One of the main goals of a truly smart and secure IoT platform should be its ability to serve as a “platform of platforms”. The intelligent and secure IoT platform should not only be able to enhance but also extend the capabilities of smart IoT devices by dynamic parameter change, semi-automatic or even fully automated device recombination and reconfiguration, and offer more sophisticated data analysis techniques with significant enhancements using new approaches.

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