Industrial Analytics: the Engine Driving the IIoT Revolution

March 29, 2017

The Industrial Internet of Things (IIoT) seeks to connect industrial assets and machines the things to enterprise information systems, business processes and people who operate and use them. Advanced analytics is at the core of this next-generation level of integration and, when applied to machine and process data, provides new insights and intelligence to optimize decision-making significantly and enable intelligent operations leading to transformational business outcomes and social value. If data is the new fuel, data analytics is the new engine that propels the IIoT transformation. As a fledgling new discipline combining advances in mathematics, computer science and engineering in the context of Information Technologies (IT) and Operational Technologies (OT) convergence, industrial analytics plays a crucial rule in the success of any IIoT system. Operating in industrial settings, analytics has unique requirements, characteristics and challenges compared to business analytics and so requires special considerations in its implementation. Much needs to be explored since industrial analytics is in its early stage of development. This paper is intended to spur discussions and research, and speed up the development and maturity of this indispensable technology.

Spotlight

Tele2

Tele2 is committed to fearlessly liberate people to live a more connected life. Ever since Jan Sten beck founded the company in 1993, it has been a tough challenger to the former government monopolies, other established providers and outdated mindsets. Tele2 offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions. Our 17 million customers, spread across 9 countries, enjoy a fantastic wireless experience through our award-winning networks. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996.

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