New Machina Research report explores the evolving landscape of IoT data and analytics

Machina Research, the world's leading provider of strategic market intelligence on the Internet of Things, has unveiled its most recent Strategy Report, exploring the changing landscape of IoT data and analytics and how these changes form an essential map in the IoT journey.  

For many decades, enterprises have solidly built their knowledge, strategic insights and processes around well-established approaches to data management and analytics. Terms such as ETL (extract-transform-load), data warehouses, data-marts and business intelligence became solid ground on which to build strategic and business approaches and decisions. While the value of historical and descriptive analytics persists, the balance has been tipped towards more predictive and prescriptive analytics.

With millions and millions of connected devices providing real-time data about the physical world as it is, data management and analytics processes have been inundated with new requirements and opportunities. Business and strategic decisions are being augmented with highly operational and predictive/prescriptive analytics, shifting the ground from ‘look at what happened’ to ‘what may happen’ and how best to address those potential scenarios.

Author of the report, Emil Berthelsen, Principal Analyst at Machina Research comments, “One of the more significant developments as part of, and in parallel to, developments in IoT, is the approach of two different ‘waves’ in data management—Big Data and Fast Data. Both are characterized by scale and speed, and the combination or aggregation of these two waves have led to significant changes and new requirements on data management technologies.”

The landscape of IoT data and analytics is certainly evolving and will include a new age of machine learning, augmented insights and managed autonomy, as well as a new set of enabling technologies and data governance tools. With this report, Machina Research sets out to share the insights, challenges and opportunities from this changing landscape. From executives in enterprises to programmers, business analysts and data scientists, from service providers, solution providers, and manufacturers of devices, this changing landscape forms an essential map in your IoT journey.

The report is available as part of the IoT Strategies Research Stream. For more information on these insights, see the full Strategy Report ‘IoT data and analytics: a new landscape emerges’.

About Machina Research

Machina Research is the world’s leading provider of strategic advice on the newly emerging Internet of Things, M2M and Big Data markets. Our Advisory Service provides comprehensive support for any organisation interested in these opportunities. Our vertical market information and forecasts cover sectors such as Industry, Healthcare, Cars and Cities. Furthermore, we provide guidance on commercial and technical best practice supporting all stakeholders in the sector including users, manufacturers, service providers, investors and regulators. In addition to our syndicated Advisory Service research we also undertake a wide range of client-specific custom research projects ranging from White Papers through to full go-to-market strategies. Machina Research is staffed by the leading industry analysts in the sector.

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