Considering the amount of data being amassed from IoT sensors every second, it’s imperative to have advanced analytics systems in place to collect and harness data effectively. These systems should be capable of finding correlations and revealing trends so that enterprises can gauge actionable insights, which can then be used to improve business capabilities.
There has been rapid growth in the Internet of Things (IoT) and big data technologies amongst organizations and individuals. According to Forbes, it’s predicted that the amount of data generated will increase to 175 zettabytes by 2025. This would have tremendous implications in the way data is collected, analyzed, and reported.