The collection of data through large datasets is becoming increasingly popular among businesses. The prominence of the Internet of Things (IoT) has created a surplus of data that is now being utilized for statistical analysis. Big data analytics and IoT devices are interconnected in the sense that IoT devices enable companies to access large quantities of information. This information is then used to help gather details about the consumer and the product. IoT technology is transforming the collection of data and the information that the data provides allows for the development of more advanced IoT devices.