As global adoption of IoT grows in scale, size, and penetration, we are progressively seeing new industrial opportunities emerge. Almost everyone is now aware of the complex configuration of
a heterogeneous fleet of IoT-connected devices and platforms available via many touchpoints, such as self-operable portals, suppliers, and applications. The risk of dispersed and distributed
operating platforms can also be reduced with an IoT device management platform.

The global IoT Device Management market is expected to grow at a robust CAGR of 24.4% from 2022 to 2032 according to a recent report by Future Market Insights. IoT device management platform presently accounts for almost 55% of total IoT platform sales. The
growing need for linked devices will drive up the demand for IoT device management platforms.

The rising adoption of IoT technologies is also predicted to boost demand. According to the Ericsson Mobility Report, approximately 40% of cellular IoT connections are expected to achieve broadband IoT with 4G connectivity by the end of 2027. IoT device management platforms can work with IoT security features, IoT analytics software, and IoT platforms.

IoT device management also entails regularly maintaining and updating the device’s capabilities with firmware upgrades or security patches to guarantee they are working efficiently, securely,
and in compliance. Thus, the enhanced features offered by the IoT device management solutions can magnify the growth of various companies and increase their operational efficiency.

In this blog, we will discuss how these platforms are driven by the IoT intelligent solutions and gain effective insights on the functioning of the company, how the security of the various IoT
devices be enhanced with these solutions, and how companies are turning towards a new IoT device management platform by Amazon to increase the efficiency and security of the various connected IoT devices in a company.

Enhanced Inventory Management with IoT Device Management Platforms

An initial obstacle most companies experience when deploying remote devices is the cost of having qualified personnel in the field programming and maintaining them effectively. These expenses are then multiplied enormously when deployments are considered in other nations and places with stringent security and regulatory policies. Using an IoT device management platform, one may ship a hardware device anywhere in the globe, and a skilled professional can control the configuration of that equipment remotely as long as it can connect to the internet.

Some providers, such as Robustel, go a step further by providing a ‘Zero-Touch’ configuration technique, similar to the Device Templates feature in RCMS. This allows consumers to pre- configure devices with their preferred settings, firmware, and programs, and as soon as the device connects to an internet network, it will instantly download that profile, allowing it to be installed by anyone with no technical experience.

A common issue in the early days of the machine-to-machine (M2M) and IoT installations was that a large amount of device data was captured in spreadsheets or different locations. As a result, as staff members changed and record shifted, devices were misplaced or orphaned. Using a Device Management Platform provides another level of inventory management by recording every deployed equipment in the field along with its firmware, installed apps, and settings so that it can be easily found. For example, Robustel’s RCMS additionally has a geolocation component that allows the companies to localize their IoT devices on a map using GPS or cell tower triangulation. Manufacturers can reduce the amount of inventory on hand while satisfying the demands of the consumer at the end of the supply chain by using real-time data about the quantity and location of inventory items with this platform. This helps in better tracking and tracking the various devices. This is how the companies can support their IoT devices using such IoT device management platforms.

Enhanced Organizational Security for the IoT Devices

Accessing remote IoT devices with backdoors is simple for some people or hackers. As a result, the likelihood of exploiting a device’s operating system and firmware application security flaws is considerable. IoT devices, like PCs, mobile devices, and tablets, require software and firmware updates from time to time to guarantee that vulnerabilities are effectively resolved. Previously,
this was accomplished by flashing firmware with a computer connected via USB or Ethernet; however, an update to programs or firmware can now be supplied Over-the-Air (OTA). A device
management platform will be required to assist a corporation with these OTA upgrades.

A fundamental advantage of a highly integrated IoT device management platform, such as Digi Remote Manager, is its ability to identify and mitigate security breaches like attempted device
configuration changes, as well as to notify system administrators of these events. Digi Remote Manager® (Digi RM) is a technology platform that takes networks to the next level by enabling
networks – and the people who operate them – to work intelligently. It combines a large number of scattered IoT devices into a dynamic, integrated platform. Businesses can now quickly activate, monitor, and diagnose hundreds, if not thousands, of mission-critical devices from a single point of control. Digi RM monitors the network for disturbances and incursions and alerts workers when action is required. It sets up alerts for critical conditions. Reports on network
performance are also available. Configure, update firmware, schedule, and automate processes from your desktop, tablet, or phone. This provides improved protection for the many IoT-
connected devices in an organization against threats and dangers associated with the entire IoT system.

Companies can also quickly extend their network at scale with bi-directional, open integration and bring intelligence to the edge with custom code, APIs, and Python scripts with this technology. Meanwhile, software-defined security vigilantly protects the entire Digi ecosystem. At the same time, Digi Remote Manager provides all of the above at a lower initial and ongoing cost than other industry options. Above all, Digi Remote Manager will automatically monitor
and repair network device security by monitoring dozens, hundreds, or thousands of active connected devices that require network monitoring software. Human eyes cannot keep up with such a large number of files.

AWS IoT Device Management- a new platform by Amazon to help companies gain more Efficiency

AWS IoT Device Management is a cloud-based device software application that allows users to manage IoT devices securely throughout their lifecycle. AWS IoT Device Management allows
businesses to onboard device information and configuration, monitor their fleet of devices, organize device inventories, and remotely manage devices deployed across many regions. This
remote management includes device software upgrades delivered over-the-air (OTA).

AWS IoT Device Management assists businesses in registering new devices by uploading templates that they populate with information such as device manufacturer and serial number, identity certificates, or security policies via the IoT management console or API. Then, with a few mouse clicks, they may configure the entire fleet of devices with this information.

AWS IoT Device Management allows you to organize your device fleet into hierarchical structures based on function, security needs, or any other criteria. Companies can group one device in a room, devices that function on the same floor, or all devices that work within a building. They can then utilize these groups to administer access policies, see operational analytics, and conduct actions on your devices on behalf of the entire group. They can also use
dynamic thing groups to automate device organization. Their dynamic thing groupings will automatically add devices that fulfill their set criteria and eliminate those that do not.

For example, the Volkswagen Group produces around 11 million cars per year and imports 200 million parts per day into its factories—a tremendous scale on which to run an efficient global
supply chain. Volkswagen is collaborating with AWS to consolidate its 124 plant locations under a unified architecture: The Volkswagen Industrial Cloud. The Group will then connect Volkswagen’s global network of over 1,500 suppliers to the Industrial Cloud in the following stage. The company makes use of AWS machine learning services, which execute algorithms based on data collected from sensors on the shop floor, as well as AWS Outposts. Thus the
efficiency in the company can be accelerated and enhanced both with the help of smarter IoT device management solutions, like AWS.

Conclusion

IoT device management systems are frequently used to manage an organization’s device fleet by IoT professionals and operational managers. These platforms aid in the collection of devices, the
authorization and interpretation of reported data, real-time monitoring, and software updates.

Furthermore, these platforms serve to alleviate the strain of complex device administration, making the overall network more efficient in its totality. A device management platform may
connect to various devices, retrieve information about their condition, and even change the status as needed. Most of the time, these platform management solutions are supplied as SaaS or PaaS.
Using an IoT device, any type of developer can reduce time to market. However, if the companies use a device management platform to control such devices, the time can be reduced
even further. An IoT device management platform provides everything a business needs to set up and operate a network straight immediately. Furthermore, a future-oriented network architecture enables the rapid and scalable development of large-scale installations.

These factors have the potential to accelerate the future growth of the IoT solution. Overall, as businesses simplify and automate network system and device management processes, they
reduce the cost, and requirement for technology, staff, and knowledge. As a result, companies can increase their core skills while also lowering their costs.

Modern IoT device management platforms are scalable and provide a solid infrastructure for implementing IoT solutions at a low cost. More advancements in this discipline, as well as other
emerging technologies such as AI, are expected in the future. In the future, IoT and AI can produce powerful analytics and insights for even SMEs.

Author Bio : Aditi Basu, Marketing Head at Future Market Insights

Aditi is the Marketing Head at Future Market Insights (FMI), an ESOMAR-certified market research and consulting Market Research Company. The award-winning firm is headquartered
in Dubai, with offices in the US, UK, and India. The award-winning firm is headquartered in Dubai, with offices in the US, UK, and India. MarketNgage is the Market Research Subscription Platform from FMI that assists stakeholders in obtaining in-depth research across industries, markets and niche segments. You can connect with Aditi on LinkedIn.

Future Market Insights (FMI), is an ESOMAR-certified market research and consulting market research company. FMI is a leading provider of market intelligence and consulting services, serving clients in over 150 countries; its market research reports and industry analysis help businesses navigate challenges and
make critical decisions with confidence and clarity amidst breakneck competition. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, and interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine powered by Future Market Insights. Sign Up for a 7 day free trial!