The Azure IoT Suite is a set of Azure services that provides you with a complete solution which helps with the following:
Collecting data from devices
Analyzing data streams in-motion
Storing and querying large datasets
Visualizing both real-time and historical data
Integrating with backend systems
Managing your devices
IoT Suite architecture from Microsoft Azure documentation
The Azure IoT Suite can connect with a broad range of devices with the help of IoT SDKs. The data generated by devices can be any operational data.
These devices can send that data to the Azure IoT Hub using the Azure IoT cloud gateway. The IoT solution backend receives, processes, and stores the data from these devices. The Azure IoT and Power BI enables you to analyse the data and present it in the form of dashboards or Power BI reports.