MachNation: IoT Device Management Revenue to Grow 58% in 2018

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MachNation announces availability of its second annual, global IoT Device Management ScoreCard.

MachNations’s second annual IoT Device Management ScoreCard is now available. The scorecard rates and evaluates in depth 17 IoT device management service providers. MachNation selected the following vendors for its 2018 scorecard: Amazon, Amplia, ARM, AVSystem, Bosch, Harman, Huawei, IBM, Microsoft, PTC, Sierra Wireless, SiteWhere, Smith Micro, Software AG, Telit, Thingsboard, and Wind River.

“For the second year, MachNation has focused on the nuances of IoT device management to help enterprises, service providers, systems integrators, and distributors understand the strengths and weaknesses of platform microservices,” said Sam Hale, analyst and IoT implementation specialist, MachNation. “Our recommendations are based on technical reference materials, extensive developer documentation review, and countless live demos.”

See also: Unsecured IoT devices could leave to “catastrophic” security breach

According to the report, IoT device management revenue is predicted to rise by 58% this year, with 37% of that revenue coming from North America and 35% from Western Europe. MachNation predicts that 2018 global IoT platform revenue will surpass the $3 billion mark, driven by enterprises investing in the technology they need for their IoT deployments. The report found that 61% of device management vendors’ revenue is from product based sales and 39% from device management services and applications.

MachNation’s IoT Device Management ScoreCard is the industry’s most comprehensive technical review of relevant vendors, the company said in their release. Their research provides in-depth reviews of APIs, documentation, SDKs, and product capabilities all aimed at helping service providers and enterprises manager their IoT deployments.

The MachNation ScoreCard ranked the chosen vendors across 18 different technical and business-related categories such as security, integration tools, support, and technology architecture using several quadrants.

“Finding independent specialists with deep knowledge of IoT platforms and device management is difficult. Our customers demand top-quality solutions, so we value the excellent technology and business insights we receive from MachNation,” said Geoff Martin, Group Manager IoT Product Platforms, Sprint.

Sue Walsh

About Sue Walsh

Sue Walsh is a freelance writer and social media manager living in New York City. Her specialties include tech, security and e-commerce. You can follow her on Twitter at @girlfridaygeek.

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