There is no doubt that our world excels at creating data, of all types and of all origins, in a context of datification, especially with the growth of connected objects.
The Internet of Things is the link between connected objects. It allows the connection of devices and the collection of data to ultimately enable its valuation.
The data generated has a wide range of uses, but is generally seen as a means of determining the health and status of objects, whether inanimate or alive.
The Internet of Things is moving into virtually every industry, opening up new opportunities and new security threats.
The opportunities include:
Big Data refers to the processing of data sets that are so large that they become difficult to process with traditional database management tools.
For example: transforming the terabytes of Tweets created daily into a thorough analysis on the opinions of a product.
For example: analyzing in real time the large volume of events to identify potential frauds.
For example: Using video feeds from surveillance cameras to manage points of interest
Sometimes veracity is also mentioned to qualify the accuracy and validity of the data.
Artificial intelligence is a generic term that refers to the ability of systems to learn on their own, allowing them to respond autonomously to signals from the outside world.
As a user, we constantly resort to artificial intelligence without even noticing it. This is particularly the case when we ask Siri to do a search for us or when Amazon recommends products based on our purchase history.
Autonomous cars and automated recognition also rely on artificial intelligence.
In our connected world, the Internet of Things is the data capture, Big Data is the fuel and artificial intelligence is the brain.
Devices connected to the Internet of Things generate large amounts of data that will all be collected.
This data is stored and processed.
Machine learning will then use these huge oceans of data to improve processes and increase system autonomy.
To take operations to another level, be more efficient and stand out, companies need the information generated from the data to be used to address their most pressing challenges.
From this perspective, the first step is to identify these challenges, the data required to respond to them and to evaluate the efforts and resources required.
Present and its partners can help you evaluate your options based on technologies in the market.
Feel free to reach out to start the conversation.
The right use of technology addresses business challenges and drives business growth in all areas of an enterprise. We hope this blog will offer insight into developing strategies and tactics to enable you to identify those key drivers of growth and keep pace with and anticipate the rapid technology change of today.