A picture tells you what is the Internet of Things industry chain.

Simply put, the IoT industry chain can be divided into 4 parts, the bottom is the data collection suppliers (such as various sensors, RFID), the data collection up needs to be transmitted (such as China Telecom, Unicom), if the data is saved to the cloud, then it needs a cloud provider (such as Amazon cloud, Ali cloud), and finally, the software company that carries out the data analysis and visualization applications. Some companies only focus on a certain part, while others provide integrated resources to provide customers with solution services across the entire IoT platform (e.g. Shanghai New Ding Data Technology Co., Ltd.).

The future of the development of industrial IoT lies in the integration with big data, and it is only through big data analysis that the laws behind the data can be discovered, which can provide a scientific basis for decision-making for business managers, rather than just relying on experience.