Last month, at Cisco’s Internet of Things (IoT) World Forum in Dubai, I had the opportunity to lead a panel discussion on IoT Analytics with a group of my industry peers – each who play a different role within the space. Together, we discussed the unique opportunities and challenges of doing analytics in an IoT environment, as well as what the future holds.
During our panel, a key theme really stood out. The IoT is an area in which there is an impressive amount of industry collaboration among customers and vendors. There isn’t one vendor who can address all IoT challenges with one solution. This is exactly why events like IoT World Forum are so valuable. It brings together collective thinkers in an effort to address collective challenges.
IoT is a great example of a hyper-distributed data environment, meaning that massive amounts of data are being created and in very distributed way. In these types of environments, challenges arise with collecting, storing and analyzing data that can’t be solved with traditional solutions that rely on data to be in a central location before it can be used to derive meaningful insight. To do this in an IoT environment the strategy needs to be reverse engineered; it requires a new approach and the capability to capture, store and analyze data in the place where it is actively created.
I encourage you check out the video to hear our full discussion (4th video from the top – Enabling Analytics in a Hyper Distributed Data Environment). I also look forward to hearing from you….what do you think will be the biggest change in IoT analytics next year?
Interested in continuing the conversation? Join me at Intuition 2016 on February 18th at the Intercontinental Hotel in San Francisco. Along with other executives, industry luminaries, analysts and business leaders, we’ll be taking a look at key insights and trends in data and analytics.
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Question – I heard Karen Walker say yesterday on Cisco Beat that “it is not IoT anymore, its digitization” what did she mean by that statement? Are we re-positioning our messaging now around digital transformation and not IoT/IoE? Appreciate your insight!
Digitisation is putting together Operation and IT so that technology transforms end to end business value. IoT is one technology but can be others, read this from BCG http://www.bcg.com/expertise/capabilities/technology-digital/digitalization-strategy-framework.aspx
Please check my article on IoT @ https://www.linkedin.com/pulse/internet-thingsiot-universe-perala-r-chakrapani
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