A company plans to develop IoT solutions for both horizontal and vertical markets. What is the major difference in designing solutions for different industries?
- Solutions for a horizontal market industry should be usable for a longer time, whereas solutions for a vertical industry would have a short limited time usage.
- Control software for a horizontal market industry should be coded with C, whereas control software for a vertical market industry should be coded with Python.
- Solutions for a horizontal market industry will deal with many general network devices, whereas solutions for a vertical market industry will deal with only specialized equipment.
- Solutions for a horizontal market industry should meet general needs across the industry, whereas solutions for a vertical market industry should meet specialized needs for the industry.
Explanation: The IoT solutions suitable for a horizontal market should meet similar needs for a wide variety of industries that have different products and customers. They tend to be less specialized than a product designed for a certain type of industry with specific needs. On the other hand, the IoT solutions suitable for a vertical market should meet specialized needs for companies with products for a set of customers.
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