The Best Internet of Things (IoT) Analytics Platform of 2024

engineer using an iot analytics platform on their tablet to control a robot arm

Why use SafetyCulture?

The rapid growth of IoT has created a world of endless possibilities in data collection. With IoT monitoring platforms, businesses can now keep track of their physical assets, optimize their workflows, and predict any maintenance issues before they become critical. SafetyCulture offers companies innovative predictive analytics tools and IoT monitoring software to avoid outages and reduce downtime, increasing productivity and efficiency.


  • Collect vital data such as temperature logs from your equipment or machines by connecting IoT sensors 
  • Monitor the performance of your equipment in real-time and be alerted immediately of any potential problems
  • Use predictive analytics and identify patterns, irregularities, or issues in data collected from the sensors log in its robust dashboard
  • Ensure efficiency and compliance of equipment by conducting inspections, online or offline, using custom checklists
  • Gather insights about your assets to make informed decisions by receiving automated reports in real-time

Why use AWS IoT Analytics? 

AWS IoT Analytics is invaluable for analyzing vast amounts of IoT data. As a managed service, it empowers companies to collect, process seamlessly, and store data while providing advanced data analysis capabilities tailored to IoT devices.


  • Supports time-series analysis
  • Perform analytics and machine learning (ML)
  • Generate operational insights

Why use Microsoft Azure?

Microsoft Azure IoT specializes in creating tailored industry cloud solutions, leveraging a comprehensive platform seamlessly integrating edge-to-cloud technologies. Their IoT solution boasts built-in security, privacy, and compliance features, ensuring a robust framework. Moreover, it empowers users to connect, monitor, automate, build, deploy, and update various models and devices effortlessly.


  • Advanced analytics capabilities
  • Predictive analytics and anomaly detection
  • Applications and services management in a single dashboard

Why use ThingSpeak? 

ThingSpeak is an innovative IoT analytics platform that empowers users to create data clusters, visualize live data, and conduct in-depth analysis in the cloud. The platform automatically generates insightful visualizations of the posted data by seamlessly integrating with a company’s devices. It also enables real-time analysis and processing, making it a valuable tool for IoT systems that rely on advanced analytics.


  • Real-time data collection
  • MATLAB integration
  • Predefined rules or thresholds alerts

Why use Oracle IoT Cloud Service?

Oracle Internet of Things (IoT) Cloud Service is a managed Platform as a Service (PaaS) that empowers companies to make informed business decisions and formulate effective strategies. With Oracle IoT Cloud, organizations can seamlessly connect their devices to the cloud, swiftly analyze device data, and integrate data with applications, web services, or other Oracle Cloud Services.


  • Real-time data analysis
  • Device management
  • Service customizations

Why use Datadog? 

Datadog’s IoT tool enables seamless monitoring of customer devices and provides the capability to aggregate key metrics. It comprehensively monitors IoT software performance, device hardware metrics, application logs, network performance data, and more. Additionally, the platform empowers companies with a holistic view of their devices, allowing them to troubleshoot specific areas of their systems effectively.


  • Infrastructure monitoring
  • Universal service monitoring
  • Application Performance Monitoring (APM)

Why use Cisco Edge Intelligence? 

The Cisco Edge Intelligence platform offers tailored IoT solutions to meet the specific needs of companies. Their innovative tool enhances business operations by making tools smarter, including smart lighting, secure smart locks, self-regulating HVAC, and adaptive systems. Primarily targeting industrial businesses, Cisco Edge Intelligence provides customized IoT solutions designed specifically for their industry.


  • Predictive maintenance
  • Real-time monitoring
  • Energy management

Why use Fogwing? 

Fogwing is a powerful Industrial IoT (IIoT) platform that offers a wide range of capabilities to assist businesses in securely connecting their IoT devices, gathering data, validating it, and performing real-time analysis. With Fogwing, businesses can seamlessly harness the potential of IoT technology to drive growth, efficiency, and innovation.


  • Device monitoring and management
  • Data aggregator
  • Device provisions

Why use SensorCloud? 

SensorCloud is an exceptional platform offering storage, visualization, and remote sensor data management. It harnesses the power of Cloud computing technologies to deliver superb scalability, swift visualization, and customizable data analysis. Key features of SensorCloud include FastGraph, MathEngine®, LiveConnect, and the OpenData API.


  • Remote management
  • Sensor data storage
  • Data visualization

Why use Ubidots? 

Ubidots is an IoT Platform that empowers innovators and industries to prototype and scale IoT projects for production. With the Ubidots platform, users can effortlessly send data from any Internet-enabled device to the cloud. Additionally, it allows users to configure actions and alerts based on real-time data, all while leveraging powerful visual tools.


  • Drag-and-drop dashboards
  • Scheduled reports
  • Data visualization

What is an Internet of Things (IoT) Analytics Platform?

The Internet of Things (IoT) Analytics Platform is a tool that allows businesses to collect and analyze data from various connected devices and objects. These platforms enable companies to derive insights from this data and utilize it for efficient business operations. They can help companies enhance performance, streamline processes, and improve productivity. One of the most significant advantages of IoT analytics platforms is the ability to predict maintenance needs. With constant monitoring of devices, businesses can preemptively schedule maintenance checks to prevent problems and avoid unexpected downtime.


There are numerous benefits to using the best IoT analytics platform to ensure operational efficiency and compliance. Here are some key advantages:

  • Enhanced data collection and analysis – These platforms provide advanced data collection capabilities, allowing businesses to gather vast amounts of real-time data from various IoT devices and sensors. This data can then be analyzed to gain valuable insights and make informed decisions.
  • Improved operational efficiency – By analyzing data from IoT devices, businesses can identify bottlenecks, inefficiencies, and areas for improvement. This allows them to take proactive measures to streamline operations, reduce downtime, and optimize resource allocation.
  • Enhanced predictive maintenance – By continuously monitoring the performance and condition of IoT-connected assets, businesses can detect potential equipment failures or maintenance needs before they occur. This proactive approach to maintenance minimizes unplanned downtime, reduces maintenance costs, and extends the lifespan of assets.
  • Compliance and risk management – Businesses can monitor and analyze data for regulatory compliance, ensuring adherence to industry standards and data protection regulations. By identifying risks and vulnerabilities in real-time, businesses can implement security measures, mitigate risks, and safeguard sensitive data.
  • Data-driven decision-making – Analyzing IoT data helps businesses understand customer behavior, market trends, and performance. These insights drive data-driven decisions, strategy optimization, and competitive advantage. Leveraging analytics drives innovation identifies opportunities, and fuels sustainable growth.

Key Features

When choosing an IoT analytics platform for your business, consider key features for operational efficiency and compliance. These features are critical in managing and analyzing data from IoT devices, impacting your initiatives’ success. Some of the features to look for include:

  • Data integration and connectivity
  • Real-time data processing
  • Advanced analytics
  • Data visualization and reporting
  • Scalability and flexibility
  • Security and compliance
  • Integration with existing systems

Choosing the Best Internet of Things (IoT) Analytics Platform

The following table provides a comprehensive overview of IoT analytics platforms, including information on free versions, pricing, and mobile app availability. It’ll help you identify the most appropriate platform for your needs.

Internet of Things (IoT) Analytics Platform Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
AWS IoT Analytics Yes $0.20/gigabyte (GB) None
Microsoft Azure Yes Custom pricing Yes
ThingSpeak Yes $710/unit/year None
Oracle IoT Cloud Service Yes Custom pricing Yes
Datadog Yes $15/host/month* Yes
Cisco Edge Intelligence None Custom pricing None
Fogwing Yes $15/month Yes
SensorCloud Yes $35/100,000 transactions/month None
Ubidots None $199/month None

* billed annually

Rob Paredes
Article by
Rob Paredes
Rob Paredes is a content contributor for SafetyCulture. He is a content writer who also does copy for websites, sales pages, and landing pages. Rob worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade before joining SafetyCulture. He got interested in writing because of the influence of his friends; aside from writing, he has an interest in personal finance, dogs, and collecting Allen Iverson cards.