BI Insights

IoT Basics: Defining “Analytics Of Things”

18 March, 2016

IoT Basics: Defining “Analytics Of Things”

As someone who is in the business of consulting manufacturing companies, over the past 10 years I’ve noticed an increasing number of clients who are placing a greater reliance on operations data to drive their business on analytics. While their primary business is making products—which are becoming increasingly complex—they are becoming skilled in the use of analytics to improve their products’ safety and reliability, cost-effectiveness, performance, and end customer experience. They are striving to become analytics-based competitors.

Along comes the Internet of Things (IoT). As products become increasingly sophisticated as computing devices in their own right, so does the data they produce—the connected car, the connected wind turbine, the connected train, the connected oil rig—each producing accelerating amounts of data.

Read full story

Related Articles

16 July, 2015

Analytics Of Things: What Does It Mean, And Where Is It Taking Us?

Publication: Forbes

Shared:

12 January, 2015

Understanding The Nature Of IoT Data

Publication: Data Science Central

Shared:

7 January, 2016

Applying The Long-Tail To The Internet Of Things

Publication: Wall Street Journal

Shared:

1 February, 2016

Making Internet of Things (IoT) Pay In Manufacturing

Publication: Forbes

Shared:

9 February, 2016

What the Internet Of Things And Big Data Mean For Car Safety

Publication: Huffington Post

Shared:

The BI Guru
Presented by