The Growing Power of the Internet of Things

The Internet of Things continues to grow exponentially, continuing to disrupt markets, and causing enterprises to grapple with more data than ever before.

Without the right data management strategy, investments in IoT can yield limited results.

DBTA recently held a webinar featuring John O'Brien, principal advisor and CEO of Radiant Advisors, and Vijay Raja, solutions marketing lead, IoT, at Cloudera, who discussed key drivers and patterns for IoT adoption across industries.

According to a survey conducted by Unisphere Research and Radiant Advisors 65% of respondents have a favorable view of the Internet of Things along with 62% of people believing IoT can be a positive impact on their industry.

Businesses are driven by increasing new revenue sources, increasing customer knowledge and reach, and reducing operating expenses, according to the survey.

The leading industries tapping into IoT right now include telematics, smart cities, manufacturing, and healthcare. The top use cases for IoT consist of predictive maintenance, operational efficiency, and instrumentation.

However, the top three IoT challenges enterprises face include a lack of understanding of business value or finding a business case, calculating a return on investment, and data privacy and regulation compliance.

Cloudera offers a platform that can help businesses tap into this growing technological advancement, Raja said.

The platform provides Kudu, which enables real-time analytics and is ideal for IoT and time series data, said Raja. Along with that, Cloudera offers multi-cloud portability and a data science workbench.

An archived on-demand replay of this webinar is available here.


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