Creating value from data analytics in M2M: the Big Data opportunity
There has been a lot of buzz about Big Data in recent years and it is important to understand the true impact. This extensive Strategy Report examines the topic of Big Data and its impact on machine-to-machine (M2M) communications. It is based on detailed and exhaustive discussions with key relevant stakeholders, supplemented by Machina Research’s extensive understanding of the changing dynamics of the industry. The report starts by examining what we mean by the term ‘Big Data’, identifying the right ways to define and measure it, including a look at our own measure of ‘Data Significance Factor’. It then goes on to look at the impact that Big Data will have on M2M, and vice versa, in terms of creating new data sources and justifying new investments in sensor networks. The final two sections focus on the future, looking at the challenges faced in Big Data and how these can be overcome, as well as how Big Data, M2M and the Internet of Things will evolve and merge. The report provides invaluable analysis for enterprises seeking to gain an improved understanding and awareness of Big Data, and service providers looking to identify opportunity areas to develop and improve data processing services for their customers (e.g. IT infrastructure improvements and cloud services).
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