By
Saurabh Saxena
In the coming years, enormous volumes of machine-generated data from the Internet of Things
(IoT) will emerge. If exploited properly, this data - often dubbed
machine or sensor data, and often seen as the next evolution in Big Data
- can fuel a wide range of data-driven business process improvements
across numerous industries.
There is no doubt that IoT
is a huge opportunity, and organizations that put IoT to work can
increase revenues, cut costs, and improve efficiencies and customer
satisfaction. But it's not enough to just collect massive amounts of
data. To capitalize on IoT and implement data-driven business models,
organizations need a platform that helps them generate connected
intelligence by collecting, managing and analyzing huge volumes of
sensor data in a cost-effective and scalable manner.
The first
step in this process, data collection and integration, remains a
challenge because there is currently a lack of common (vendor and
platform-agnostic) connectivity standards in the industry. In fact, we
view this as a factor inhibiting wider IoT adoption.
For these
reasons, it is critically important to utilize a big data platform that
can consume or read many diverse data sources, streamlining and
accelerating data integration. This will enable the delivery of
connected intelligence from big data for both the business and its IT
operations. In addition, IoT data must be able to be loaded and queried
simultaneously to avoid missing out on real-time, immediately actionable
insights. By the time the data is loaded into a database and analyzed,
an organization may have missed a critical chance to respond or act upon
a small window of opportunity with a connected product.
The
cloud represents a bright spot and opportunity for IoT initiatives in
terms of ease of adoption and the journey for businesses to transform
technology into a service broker model in today's hybrid IT
environments. Cloud-based analytic capabilities bring IoT to the masses
for all businesses, enabling them to get up and running more quickly,
easily and cost-effectively. The cloud as a deployment model makes years
of intellectual property immediately available to anyone that seeks to
incorporate IoT into their big data strategy.
Beyond these
advantages, today's cloud-based analytics platforms offer critical
capabilities for structured IoT data, including columnar storage (means
the analytic engine reads and retrieves only the needed columns,
yielding faster results against larger data sets); aggressive data
compression (which supports very fast parallel load and query times);
scalable, multimode infrastructure (which eliminates single points of
failure) and integration with the market's leading open source software
for statistical computing. As a final note, the cloud enables companies
to tie all its data resources together - structured and unstructured -
to generate connected intelligence from all types of data, including
Internet of Things data in greater context.
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