MachNation (www.machnation.com), an insight services firm, has released an in-depth evaluation and rating of 18 Internet of Things device management vendors.

According to survey data collected from participating vendors in the scorecard, Internet of Things (IoT) device management revenue will grow 107% in 2017 with only 33% of the revenue coming from North America. MachNation forecasts that 2017 worldwide IoT platform revenue will reach $2 billion as enterprise buyers invest in the underlying technology to power their IoT solutions. The firm’s survey data show that sectors including energy/utilities, transportation, industrial, manufacturing and smart cities generate the most revenue for device management vendors.

"MachNation, the industry's most knowledgeable researchers for IoT middleware and platforms, has coordinated the publication of our scorecard with the product launch of our new IoT Device Management research program," said Dima Tokar, co-founder and head analyst, MachNation. "Our newest research program focuses on best-in-class approaches to help enterprises and service providers deploy and manage IoT devices at scale.”