Predictive Analytics Meets the IoT: Harnessing the Opportunity, Overcoming the Challenges

The Internet of Things (IoT)—a network of physical objects accessed through the Internet—has big implications for both business and consumers. From data center environmental sensors to remote asset tracking, the IoT can help improve business processes and create new value. TDWI research indicates growing excitement around the IoT and machine data. Analytics, from the simple to the complex, will play a big role in deriving value from IoT data. The sheer volume and potential velocity of data streams from sensors and other IoT devices will necessitate that analytics, such as predictive analytics, be used to both manage and analyze this data. Organizations will face a series of questions, including: How do we get started? What skills will be needed? How will we manage the data? What technologies will be important? How do we overcome organizational resistance.