The tech giants of the globe who are ruling the cloud computing world are also the carriers of heavy IoT deployments. Amazon Web Services and Microsoft Azure are the leading companies that are putting in efforts to connect the edge devices with cloud infrastructure. ABI Research, Technology Market Advisor, ran examinations upon key technology criteria such as IoT onboarding or lifecycle management.
IoT Onboarding is the process of installing configuration & security data onto IoT devices. The assessment also intends to rank the firmware and security updates, followed by the device identification.
As Microsoft Azure and AWS are focusing on deploying cloud-based IoT solutions, some of the other players, such as Intel Corp., have some other plans. Intel Corp. and other such players of the IoT market, such as Pelion and Device Authority, are directing their focus on securing the device identity supply chain of IoT.
As per ABI Research’s assessment, there is noticeable importance in terms of meshing the IoT ecosystem. The assessment says that device management over Cloud is not sufficient for reaching the end goal. The partnerships also play a major role in helping the market reach its desired point without getting washed out by the competition. This verdict is said by senior IoT & Digital Security Analyst of ABI Research, DimitriosPavlakis.
He further says that the IoT specified revenue streams could be triggered better with criteria as in development resource and tools modularity, increasing the popularity of specified solutions. He also says that intelligent automation and solutions are highly essential for promoting a sustainable environment for lifecycle management.
Along with hardware & security, the improvisations upon encryption are also helpful for making the technology better. Therefore, Microsoft and AWS, along with other cloud leaders, are preparing themselves for shaping the future of IoT solutions and deployments. In the process, they intend to forge strategic partnerships that are critical as per the market analysis.
IoT has brought immense opportunities for the market leaders of cloud infrastructure. AWS & Microsoft combined possess around half of the entire cloud revenue across the globe. Microsoft is slowly and steadily gaining pace over Amazon to fill the gap in between them. The market shares between these two companies are also narrowed down by 2% points since last year. Moreover, both companies are continuing to invest billions every quarter to expand their global data centre efficiency. In the meanwhile, they are also working upon improving their cloud service.
These cloud service enhancements are specifying that the cloud infrastructure is keen to connect with several IoT devices and edge devices over time. Hence, the demand for cloud-driven IoT solutions is destined to grow over time. With this surge, there is an expectation of an immense uprising of IoT in the coming times. As of now, Microsoft Azure and Amazon Web Services have enabled the provisioning of all secure-edge devices.
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