The MachNation TCO Calculator is a great tool for quantifying the benefits of BUYING an IoT platform versus building your own on raw infrastructure. Here are some tips for the most efficient use of the calculator.
LOW Device Types
These device types are categorized as the most typical IoT product and does not require data processing at the edge for local analytics or decision making. Data is typically sent to the cloud at some set interval, such as every 1 to 30 minutes +. Example products include HVAC, ceiling fans, consumer products, and general commercial building automation.
MEDIUM Device Types
Streams data constantly to the cloud platform and requires some processing at the edge for higher level data analysis and decision making. Example products include automobiles, cameras monitoring a crowd at the airport or a manufacturing environment.
HIGH Device Types
Streams data constantly to the cloud platform and requires major level of data processing at the edge for local analysis and decision making. An example environment would be an automated factory.