What do you understand about IoT platforms? Explain its various benefits. 

An IoT platform is a combination of components that allow developers to spread out the applications, remotely collect data, securitize connectivity, and execute sensor management. An IoT platform also manages the connectivity of devices and further allows the developers to build new forms of mobile software applications. IoT solutions are something that helps us create a massive network of IoT devices, reducing their complexity, making sure of the device efficiency, and driving innovation across industries searching for an arena full of growth opportunities as well as operational efficiencies. 

Examples of IoT applications include smart home systems like Amazon Echo and even smartwatches for that matter. A very prominent mention can be Fitbit. 

What are IoT solutions?

IoT solutions, in a broad sense, is an integrated bundle of technologies that includes various sensors. Companies, as well as organisations, can buy them to solve issues and get through certain obstacles that they might come across in their organisation. 

IoT solutions enclose IoT device designers, software developers, as well as product manufacturers, need to create and implement IoT ideas, that include hardware IP and software platforms. 

It helps build overwhelming networks of IoT devices, reducing the complexity, ensuring the efficiency of devices, and driving innovation across industries that are looking for opportunities for growth, development and operational efficiencies. 

UNDERSTANDING IoT PLATFORM

IoT platform is a multi-layered form of technology that allows straightforward provisioning, management, and automation of devices that are connected within the universe of the Internet of Things.

It all cuts down to how we look at an IoT platform. It is usually referred to as a cloud enablement platform or an IoT enablement platform to underpin the majority of its business value, empowering standard devices with cloud-based applications. 

AZURE IoT HUB

Azure IoT Hub provides a one-stop solution for the back-end to connect to any device possible, it is a cloud-hosted solution. 

An IoT Hub can connect to any device, device-to-cloud telemetry, uploading files from devices. It can request-reply techniques to manage your devices from the cloud are all supported communications patterns. 

Azure IoT also supports and assists monitoring, and it allows you to note and keep track of device creation, device connections, as well as any sort of device failures.

How do IoT platforms work?

Things in the Internet of Things are usually equipped with different sensors that are responsible for interacting with the physical object as well as the collection of information. 

BENEFITS OF IoT PLATFORMS 

The IoT platforms have several benefits. These include: 

• Cost reduction: IoT platform centralizes the entire process of management thereby reducing a great deal of a load of cost and expense. 
• Improved operations: IoT solutions provide real-time information on the performance of equipment and people to help streamline and improve business processes and workflows. It facilitates operational improvements in areas such as predictive maintenance. 
• Improved monitoring: Sensors and smart devices provide the capability to regulate a system of physical objects with the help of IoT. The data collected from an onsite monitor could be strengthened with data about hardware vision, firmware vision, as well as location. 
• Augments customer dialogue: These capabilities and skills procure opportunities to enhance the level of dialogue and interaction with the end customers. 
• Improve control of operation processes: Some examples to justify this can handily range from new visibility into the data to automating a control that combines IoT data, artificial intelligence as well as machine learning.
• Improvements in IoT security: IoT platform delivers a safe and secure authentication as well as authorization. This is done to guarantee that IoT endpoints do not end up being unprotected and vulnerable to any sort of cyberattacks. 
• Benefits in the sphere of healthcare: In healthcare, IoT can effortlessly monitor patients completely in a remote fashion and perform the required treatment and examination from that very remote location itself. 
• It can also be used to implement the Smart Home, just as mentioned above. 
• It monitors and regulates things in the industrial arena. 

CONCLUSION

IoT solutions help to collect data from numerous devices and generate alerts in situations of concern. They have been ascertained to be beneficial for many industries stimulating and enabling the creation of new business and further boosting efficiency. They never fail to provide a safe setting for operation and also strives to attain business goals. 

Complete automation has been made possible under the IoT platform. The IoT platforms such as Smart home systems are accepted and widespread in the world as we see today.