IoT and analytics: a strong partnership in the making

19 January 2016
Report type: Research Note
Author(s): Emil Berthelsen
Keywords: IoT, Internet of Things, analytics, Big Data, Operational Data spaces, predictive analytics, prescriptive analytics, corrective analytics, artificial intelligence, open data, Industry 4.0, healthcare, augmented analytics, Subnets of Things, SoTs
Companies: IBM, AiCure, National Instruments, Bristol City Council, Future Cities Catapult, Connected Digital Economy Catapult
Number of Pages: 8

Consult any group of executives, and key topics of common interest are likely to include the Internet of Things and analytics. The trend for connecting products and services has progressed from hype to reality, as more and more enterprises begin to explore the value of product data and analytics. Many enterprises have had a longer tradition of exploiting data for business insight and competitive advantage, and these benefits will continue. The combination of IoT and analytics adds the ability to design and launch new services, business models and customer experiences.

This Research Note explores the growing opportunity open to enterprises to generate, manage, and make use of IoT and analytics, identifying the various analytical techniques and their outcomes. Ultimately, access to better data assets and the application of analytics will enable enterprises to discover and generate new and valuable insights.

Keywords: IoT, Internet of Things, analytics, Big Data, Operational Data spaces, predictive analytics, prescriptive analytics, corrective analytics, artificial intelligence, open data, Industry 4.0, healthcare, augmented analytics, Subnets of Things, SoTs

Companies covered in this report: IBM, AiCure, National Instruments, Bristol City Council, Future Cities Catapult, Connected Digital Economy Catapult

8 pages

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