Our Blog

Categories

The Internet of Things: Changing Big Data Analytics

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.

 

Data Analytics and the Internet of Things

One of the major promises that discussions of the Internet of Things (IoT) have put forward, is the advances to be made in consumer insight. The idea is that sensors and connected devices can send data on an open loop back to the manufacturer for analysis. This process would presumably secure many advances in a wide variety of things; not only would companies be able to understand their clients, but sensors may even be able to tell us more about the product in general. For example, pedometers on livestock have given scientists more knowledge about when cows are in heat, allowing for a 66% increase in insemination rates.

Get our monthly newsletter for product and technology updates