Ranking System for IoT Industry Platform

The Internet of Things (IoT) has seen a huge growth spurt in the last few years which has resulted in the need for more standardised IoT technology. Because of this, numerous IoT platforms have sprung up that offer a variety of features and use different technologies which may not necessarily be compliant with each other or with other technologies. Companies that wish to enter theIoT market are in constant need to find the most suitable IoT platform for their business and have a certain set of requirements that need to be fulfilled by the IoT platforms in order for the application to be fully functional. The problem that this thesis project is trying to address is a standardised procedure for selecting the IoT platforms. The project aims to suggest a list of requirements derived from the available IoT architecture models, that must be followed by IoT applications in general, and a subset of these requirements may be specified by the companies as essentials for their application. This thesis project also aims at development of a Web platform to automate this process, by listing the requirements on this website and allowing companies to input their choices,and accordingly show them the list of IoT platforms that comply with their input requirements. A simple Weighted Sum Model is used to rank the search result in order to prioritise the IoT platforms in order of the features that they provide. This thesis project also infers the best IoT architectural model available based on a comparative study of three major IoT architectures with respect to the requirements proposed. Hence the project concludes that this Web platform will ease the process of searching for the right IoT platform andthe companies can therefore make an informed decision about the kind of IoT platform that they should use, thereby reducing their time spent on market research and hence their time-to-market