The Internet of Things has a great potential particularly in the medical and healthcare sectors. Healthcare organizations estimate that implementing a coherent IoT ecosystem will potentially generate $850 million to $1 billion in annual savings. But building this huge brain is not a trivial task and requires strong, scalable, secure and robust platform architecture.
The ideal IoT platform should satisfy requirements for interoperability, security and connectivity, cloud deployment capabilities, management software application programming interfaces, the ability to create APIs & solutions for connecting peripheral devices to the cloud environment and a strong analytics platform. Security is also an important aspect of the IoT platform with built-in compliant safety functions.
Based on some of the core scenarios described in Praveen’s earlier blog post, I put together a current state comparison matrix of some of the top IoT platforms.
Some of these are commercial while others are open source tools. Both sides have a range of support for various IoT protocols in the MedTech industry. In the next post, I will provide additional details on each of the tools that were part of this analysis.