The IoT devices, from location-tracking solutions to wearable sensors, generate a massive amount of geospatial data in real-time at an astounding rate. This phenomenon imposes a set of unique challenges on geospatial IoT platforms in terms of data ingestion, processing, and visualization, which are necessary steps to derive insights from the data and improve the decision-making processes. In this presentation, I discuss how we, at SensorUp, are building a modern and scalable geospatial IoT platform using an open ecosystem. I also demonstrate how such a platform can solve real-world problems across different industries.