In recent years, with the success of platforms for heightened automation and efficiency like blockchain and IoT, devices everywhere are becoming more interconnected. Hoping to take advantage of these emerging technologies, many businesses are looking into IoT development and trying to find the right IoT platform that can handle their different business processes.

As a software development company, we understand how difficult it can be to find the IoT platform that works best for your company without the proper expertise. Which is why, in this article, we are going to walk you through the process of choosing the right IoT platform for you. Not only will this extra knowledge help you make a more informed decision, but it can radically change the outcome of your IoT strategy. Let’s get started.

iot platform

What is an IoT platform?

Now, if you are unfamiliar with the Internet of Things and the various aspects of an IoT system, you might not know what an IoT platform is, so let’s start off with a definition from Leverage.

“IoT platforms are the support software that connects everything in an IoT system. An IoT platform facilitates communication, data flow, device management, and the functionality of applications.”

With so many IoT devices currently available and more to come, an IoT platform ensures that everything runs smoothly and works together, regardless of variations. Without an IoT platform, there would be no way to connect hardware, provide security, or integrate with web services. Essentially, unless you have the right IoT platform, you entire system is doomed to fail.

Finding the best solution for your business

Thankfully, at last count, there are over 700 different IoT platforms out there for you to choose from. Not all of these platforms have the capabilities that your company needs, and some will have more than necessary. The trick to finding the right IoT platform for your own business is to know what to look for in regards to the solutions your business demands.

What we will do next is run you through the different functionalities and components of a good IoT platform. From there, you can measure different platforms against what we have laid out in order to find the right design for your business. So first, let’s talk about the difference between industrial and consumer IoT platforms.

Tell us about your IoT project ideas!

Industrial vs. Consumer

The first decision you will have to make when deciding on an IoT platform is whether to you need an industrial or a consumer platform. If you aren’t already aware, IoT platforms are often used for industrial purposes such as farming and manufacturing, whereas consumer platforms are designed for working with smart devices, typically around the consumer’s house.

For the most part, this shouldn’t be too difficult of a choice if you know what kind of platform your company needs. Industrial IoT solutions are usually much more specialized and will be useless to you unless you operate within that specific industry. So when you are thinking of the IoT apps you will want to be running on your platform, keep in mind whether industrial or consumer will be better for your platform.

iot for consumers

Stable, flexible, and scalable

Unfortunately, a few problems come with this recent expansion of IoT platforms. Simply creating a platform is not enough, these creators need to have enough steam to not only sign up clients, but stay with them as their business grows. When you begin looking for an IoT platform, you want to make sure that it is stable, flexible, and scalable.

Let’s first address stable: you need a company that not only can meet your needs with their IoT platform, but someone that won’t be out of business in the next few months. When you talk with them, ask about former customers and their plan for the next year. If they don’t have one, abandon ship!

Next, flexible: your business likely changes from one day to the next as far as features and functions you will need. For example, can they work with wearable technology? Make sure the platform you have can handle these things, not just specific actions. And finally, scalable: you obviously want to grow your business and you need an IoT platform that can keep up with you as you do so. If you can find a company that can meet each of these standards, you are on the right track.


When it comes to choosing an IoT platform, the security of that platform should be a major consideration. In the same way that you wouldn’t want your development company sharing your ideas with others, your consumers won’t tolerate faulty security. By making security a focus early in your process, you will not only help your customers, but yourself as well.

Before you enter into any sort of agreement with your platform’s provider, make sure that they have the proper security guidelines in place. This is even more important in the world of IoT, as the security of one device can affect that of every device it is connected with.

iot security

Past work of platform provider

As we mentioned earlier, one of the best indicators of whether the IoT platform provider will be a good fit is by speaking with their past clients. We recommend doing this with most outsourced work, but especially when it comes to such a customer-facing technology. You want to make sure that you can trust the team you are working with when handling sensitive data.

If and when you speak with former clients, while you should obviously ask them about the functions of the platform, be sure to ask about customer service as well. The company can have the best IoT platform on the market, but if they don’t value you and your customers enough to treat you with respect, you should not deal with them. This might also be a good opportunity to ask for any best practices when working with them and their platform.

An interconnected future

As more businesses understand the power of IoT, our future will continue to be even more interconnected. When this happens, it will be important to not only have an IoT platform that works, but that you can rely upon.

Our advice is to find someone now that you can establish a relationship with. Then, as software companies arise, you will be on the ground floor, ready to take them on.