Internet of Things Services – PEAK Matrix™ Assessment and Market Trends – IoT: Bigger than the Hype

15 Dec 2016
by Chirajeet Sengupta, Yugal Joshi

Internet of Things (IoT) is being rapidly adopted by enterprises across industries to achieve higher efficiency, enable data-driven decision making and explore new revenue opportunities. It is being heralded as the next industrial revolution, leading to disruption in existing business models. Technology vendors and service providers play a significant role in helping enterprises explore and invest in IoT technology. Enterprise expectations from their technology partners are also increasing as they seek not only implementation services, but also strategy and consulting support. Given the huge potential of IoT, most of which is yet to be uncovered, enterprises are making significant investments in partnership with key service providers to explore new growth areas.

In this research, we discuss the latest IoT market trends and present the assessment and detailed profiles of 16 IT service providers featured on the IoT services PEAK Matrix. This is a composite index of a range of distinct metrics related to a service provider’s scale, scope, technology/domain investments, delivery footprint, and resultant market success in the context of a given service function. Each service provider profile gives a comprehensive picture of their IoT services vision, services suite, scale of operations, and domain investments.

Scope of the analysis

This research also captures fact-based trends impacting the IoT services market and provides an assessment of IT service providers / system integrators that are involved in delivering IoT services such as system engineering, platform orchestration, application development, data analytics, and infrastructure & security services.

This report provides an assessment of IT service providers (native system integrators) that provide IoT services. It includes the following providers: Accenture, Atos, Cognizant, CGI, EPAM, HCL Technologies, HPE, IBM, Infosys, L&T Infotech, Luxoft, NTT DATA, Prodapt, TCS, Tech Mahindra, and Wipro.


The research focuses on IoT services and includes:

  • Overview of IoT services market and key trends
  • PEAK Matrix assessment of 16 leading IoT service providers
  • Service provider profiles covering the following aspects:
    • Overview of the provider’s IoT services business – scale, overall portfolio of services, and relative focus across service lines & geographies
    • Assessment of the provider’s IoT services delivery capability, domain investments, key solutions, and key partnerships
    • Strategic focus areas and market success for IoT service areas
    • Two short IoT case studies

Everest Group has a complimentary four-page PEAK Matrix preview document for this service provider landscape report.


Application & Digital Services

Cloud & Infrastructure Services


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