451 Research aims to make it easier to compare IoT cloud platform pricing.

Using machine learning, 451 Research aims to make it easier to compare IoT cloud platform pricing.
Applying a variant of the age-old idiom, understanding the best bang for the enterprise buck when it comes to selecting a cloud platform for IoT deployments is rocket science.

Costs related to AWS IoT Core, Google IoT Core and Microsoft Azure IoT Hub are structured so differently that manual cost comparisons “are almost impossible,” according to Owen Rogers, director of 451 Research’s Digital Economics Unit and architect of the Cloud Price Index. Aiming to ease that challenge, 451 Research recently used machine learning including Python and Watson Analytics to compare pricing for those cloud platforms and output the cheapest options for different scenarios.

The Economics of IoT, which compares the pricing models of the three major cloud platforms, and aims to help enterprise decision-makers understand the cost implications of different IoT deployments.