Harness the Potential in Internet of Things with Big Data Analytics
What is Internet of Things?
The Internet of Things (IoT) is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment. The McKinsey Global Institute defines IoT devices as those that 'can monitor their environment, report their status, receive instructions, and even take action based on the information they receive.
Data from a network of connected devices provides new opportunities to analyze performance. Big data analytics gives you new insights to improve results.
Applying big data analytics to the complex interaction of products and processes gives executives new insights to better manage supply, demand, and resource availability.
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