Capterra Glossary
IT
IoT Platforms

Capterra Glossary

IoT Platforms

An Internet of Things (IoT) platform monitors and manages various IoT endpoints. IoT connects devices and sensors for seamless functioning and improved operations. An IoT platform connects the sensors to data networks, providing insights into the data gathered, deploying applications, and executing sensor management. Most IoT platforms include components for data storage, device management, and data science/information analytics.

What Small and Midsize Businesses Need to Know About IoT Platforms

SMBs can take advantage of strides in IoT technologies by implementing an IoT platform to gather relevant business data and manage physical assets. For example, SMBs can use an IoT platform to collect information about business processes in order to gain greater visibliity into operations, or to hone customer interactions to better understand customer needs.

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