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Huawei Is the No. 1 IoT Platform Vendor, Says IHS Markit

December 19, 2018 / Ali Longwell

Huawei ranked as the No. 1 IoT platform vendor according to a new scorecard from IHS Markit. Cisco, Microsoft, and PTC rounded out the top four positions. The IHS Markit “IoT Platforms Vendor Scorecard” evaluated nine vendors based on the context of both market presence and momentum. Market presence was determined by evaluating the number of devices managed by the vendor’s IoT platform, financial strength, and the vendor’s strategic commitment to the IoT market. Market momentum was measured by the growth rate of the devices managed on the platform, the range of IoT functions, the breadth of vertical markets it targets, the strength of its IoT ecosystem development efforts, and its technical innovation on the platforms. The other vendors evaluated in the report were Alibaba, Amazon Web Services (AWS), GE, IBM, and SAP.