This is a question you will need to consider if you are planning to introduce apps that use IoT data.
IoT data is not very useful if it isn’t analysed and transformed into actionable information. It is obvious that simple sensors cannot do this – the data needs to be transferred from them and stored, at least for the time it takes to analyse it.
Simply put, there are three choices for storing data:
on-premises storage
private cloud
public cloud.
Your best choice depends on how much budget and resources you have and on how critical and confidential your data is.
Your organization may already be using on-premises technologies and systems to store data. That may be your preferred choice for IoT data in the future as well. But if your data rooms start getting bigger and bigger, or if your organization recognizes a need for more streamlined sharing of data, you may need to look at cloud storage.