In the current market situation, it is fundamental to take the following two aspects into account to be able to provide a useful comparison of IoT platforms:
First, a clear definition of the term is required, given the many different functions an IoT platform should cover as well as the lack of a common understanding of what an IoT platform really is.
And second, being at an early market stage, we have to consider that existing IoT platforms are all different and serve different use cases. For this reason, PAC uses different RADAR segments, dedicated to specific uses cases, to evaluate the providers of IoT platforms in Europe. The PAC INNOVATION RADAR is in fact the first benchmark to apply such an approach.