Azure IoT is a collection of managed and platform services across edge and cloud that connect, monitor, and control billions of IoT assets. It also includes security and operating systems for devices and equipment, along with data and analytics that help businesses to build, deploy, and manage IoT applications.
Azure IoT Hub and Azure Digital Twins provide the building blocks for companies to construct customized solutions for complex IoT scenarios. This solution is the right fit for businesses with cloud solution and device expertise, and align with:
Management
I want full control over the underlying services of my solution, including taking ownership for managing and scaling to meet my needs, and leveraging my in-house or partner-driven expertise to onboard devices and services.
Control
My business requires total customization and control over the solution architecture.
Pricing
I want to fine-tune services to control my overall cost.
For more details: Microsoft Azure IoT