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Wednesday, January 20, 2016

Analyzing the Internet of Things

Teradata's Bill Franks on the IOT.   Nice concise thoughts.  Like Big Data, the IOT's engine is analytics and then translating that to decison.  Not sure we need another acronymn (AoT), but I accept it as a reminder of the fundamental need for value from data.

" .... To date, a lot of effort has been put into creating sensors, deploying them, and generating masses of data. However, lagging behind that effort is the analysis of the data. As with any data, no value is driven without analysis and action. It would have been better if more thought was given to how to utilize the data generated prior to creating sensors that stream it out. Given that we are where we are, the best path forward is to begin to aggressively analyze the data of the IoT. This is what I, and others, have begun to call the Analytics of Things (AoT). ... "

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