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IBM’s Watson IoT Platform on IBM Cloud has been named as a ‘leader’ in an assessment of worldwide IoT platforms by IDC, a leading market intelligence provider.

The new IDC MarketScape report evaluated 12 IoT platform software providers, examining specific attributes such as product functionality breadth, protocol/device support, integration capabilities, edge support, breadth of complementary and portfolio offerings. The report named IBM Watson IoT a leader, recognising that IoT is one of the lynchpins of IBM’s strategy.

Special mention was made in the report of a number of Watson’s key strengths, in particular:

  • Its cognitive analytics capabilities
  • IBM’s multi-layered security strategy
  • The public, private and on-premise deployment options and global reach which meet the needs of both local and multi-national companies, particularly in relation to strict regulatory compliance regarding data privacy

The report also notes that “IBM has made investments into innovative technologies that will provide value above and beyond what a standard IoT platform may provide”, in particular Blockchain for supply chain management and payments processing.

Through the use of the Watson IoT Platform, IBM is currently looking to assist customer transformation in three specific areas:

  • Improving operational performance and lowering costs
  • Creating new products and business models
  • Driving engagement and customer experience

So why is the IDC endorsement seen as important? Well, the IDC MarketScape analysis model is designed to provide an overview of the competitive fitness of suppliers in a given market, with the research methodology utilising a rigorous scoring methodology based on both qualitative and quantitative criteria. The resultant framework provides technology buyers with a rounded assessment of the strengths and weaknesses of current and prospective vendors.

Harriet Green, General Manager at IBM Watson Internet of Things, was clearly pleased with the news, saying: “To be named a leader by the IDC MarketScape is an amazing honour that validates our efforts to helping companies achieve their goals whether its connecting devices, building IoT apps, solving industry-specific business problems or transforming their companies and industries.”

Global Knowledge

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