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Davra achieve 5 years on Gartner's Magic Quadrant for Global Industrial IoT Platforms

Davra has been included in the Gartner® Magic Quadrant™ for Global Industrial IoT platforms for the 5th consecutive year. This makes Davra one of only five companies to receive this honour.

“We are delighted to be featured on the Gartner IoT Magic Quadrant for the 5th year in a row – one of only a small handful of companies to do this,” said Paul Glynn, CEO of Davra.

“To be consistently one of the top IIoT platforms in such a competitive market speaks to the quality of our product and the team's dedication. I am extremely proud of my team for their hard work and dedication to improving for our customers year-on-year."

Report Overview

Gartner's annual report and accompanying graphic provide an overview of the IIoT platform market and its participants. The report splits vendors into four categories: Niche Player, Visionary, Challenger, and Leader. Davra has been named a Niche Player in 2024.

Eighteen vendors are recognised on the quadrant in 2024, up from sixteen in 2022. This makes it one of the busiest IoT Magic Quadrants to date. Gartner added three companies to the quadrant this year (Aveva, Losant, and Cognite), and dropped one (Hitachi).

The IIoT platform market continues to be highly competitive. More than 40 vendors were excluded from this Magic Quadrant - making Davra’s achievement all the more impressive.

Davra’s Strengths

Among the strengths identified by Gartner, they highlight Davra’s deployment flexibility, saying, “[Davra] differentiates through deployment flexibility and excelling in environments that have fewer devices producing large amounts of data.”

“Davra now offers a LoRa Network Server and LwM2M server fully managed as part of the Davra platform. This reduces complexity of integration and the onboarding of LwM2M and LoRa devices.”

As a Niche Player, Davra can be far more agile and customer-focused than our competitors. We work closely with each client, creating bespoke solutions to their unique business problems. Davra is not just a vendor - we are a partner who plays an active role in ensuring our customer’s success.

We’re delighted that Gartner has recognised this. In particular, they reference Davra’s high customer satisfaction scores, saying, “Customer satisfaction scores are high due to Davra’s dedication to IIoT solutions only, which prevents distractions and promotes solution results.”

Davra is one of the highest-rated IIoT Platforms on Gartner Peer Insights (opens new window), receiving 4.7 out of 5 stars.

A Shift in Focus

We note a shift in focus in the evaluation criteria this year, with increased emphasis on domain-specific solutions. Scot Kim, Lead Analyst on this year’s quadrant, told us that this is driven by market forces, as customers seek more off-the-shelf solutions to deliver quick ROI.

As part of our platform, Davra offers a wide range of templates for various industries and use cases, e.g. manufacturing, mining, transport, asset tracking, condition monitoring, and many more.

These are particularly helpful for small and medium sized organisations to get to market quickly. Such organisations often don’t want to dedicate resources to building IoT solutions from scratch.

That is why we recommend a strategy of Buy and Build. Invest in an IoT platform, get to market quickly, scale and add new applications/use cases when ready.

Davra customers love the platform's flexibility, and often add IoT use cases that were previously outside the initial roadmap. This strategy of multiple IoT solutions is the key to IoT success.

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What is the Magic Quadrant?

The Magic Quadrant is a research methodology and visualisation tool developed by Gartner. It provides a visual representation of a market's direction, maturity, and participants. Gartner launched the Magic Quadrant for Global Industrial IoT Platforms in 2018.

Gartner is a global technology research and consulting firm widely regarded as a trusted source of information for decision-makers across various industries.

Gartner defines the IIoT platform market as “a set of integrated middleware software capabilities facilitating and automating asset management decision-making.”

IIoT platforms are deployed to solve industrial operations challenges such as sustainability, automation, remote operations, transformation of OT and industrial applications, and global scalability.

The Evaluation Process

The evaluation process for inclusion in the quadrant is extensive. It starts with some basic inclusion criteria, followed by a comprehensive questionnaire with over 100 questions, a platform demo, and a direct briefing to the analysts.

Customer feedback and reviews are also considered, while factors such as company size, revenue, and number of customers also impact weighting.

The quadrant is divided into four sections from bottom left to top right:

Niche Players: Niche Players have a more specialised focus and may excel in certain aspects of the market.

Visionaries: Visionaries in a market are innovators who drive the market forward by responding to emerging, leading-edge customer demands and offering new opportunities to excel.

Challengers: Challengers have excellent IIoT platform technical abilities, but they have to continue to build and grow their vision.

Leaders: Leaders invest in and shape the future of IIoT, perform skilfully and often exceed expectations regarding outcomes achieved with their technologies and services. Between 15 and 20 vendors make it onto the Gartner IoT platform Magic Quadrant each year. Gartner lists those who did not quite make it onto the quadrant as Honorable Mentions/Notable Vendors.

Davra made the list as a Notable Vendor in 2018 and joined the quadrant the next year (opens new window). We have featured every year since.

Evaluation Criteria

In order to be considered for the Magic Quadrant, vendors must show that their platform meets the following critical capabilities.

Device Management: Devices are fundamental to any successful IoT solution. If device health decays, data can be compromised and the overall solution will be undermined. Having robust device management as part of any IIoT platform is vital.

Integration: An IIoT platform must provide flexible integration options. This includes southbound connectivity to IoT devices and APIs, but also east, west, and northbound integration.

This allows customers to integrate their IoT solutions into their entire IT landscape, e.g. ticketing, inventory, ERP, etc. With the Davra platform, you can ensure that you will never hit a brick wall when integrating with any system.

Data management: An industrial IoT platform manages vast amounts of data. Data Management is about how that data is harvested, filtered, forwarded, stored, enriched, aggregated, visualised, and analysed. The Davra Platform manages your data, providing consistent SLA’s from built-in Big Data components. Analytics: Analytics involves processing and analysing the vast amounts of data IoT devices generate. The Davra platform comes with a full suite of analytics capabilities, from simple data visualisations and rules engine to complex algorithms and deployment of ML/AI models.

Application Enablement & Management: Tools to develop and deploy custom applications and services. The Davra Platform offers tools, APIs, and development environments for building applications that interface with IIoT devices and data. Kubernetes and Docker based infrastructure supports various coding languages and runtime environments. No-code, low-code and pro-code elements accelerate development timelines and support different developer personas.

Security: Strong security and compliance are absolute necessities for an industrial IoT platform to protect critical infrastructure and data. This includes data encryption, authentication, authorisation, network and device security, and threat detection. All of this must be managed in the context of a compliance lifecycle management programme audited to standards such as ISO 9001, ISO 27001 and SOC 2.

Ease of implementation and use: This relates to the user experience and how easy it is to leverage the platform to build solutions, and manifests itself as time-to-market.

Davra customers consistently get to market within 4-6 months (top 10 percentile across the industry). The industry median is 14 months. This is thanks to the suite of developer tools, API’s, and managed PaaS components, reducing the effort required to build and deploy enterprise IoT solutions.

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