The growing emphasis on digital transformation is encouraging more organizations to adopt initiatives driven by the Internet of Things (IoT).
While such initiatives enable enterprises to enhance customer experiences, create new business channels, or acquire new partner ecosystems, gaining the insights to realize these benefits can prove to be challenging. The sheer volume of data that these devices generate, the variety of data that comes in, and the velocity in which data is collected creates its own set of challenges in terms of storage, processing power, and analytics for such enterprises.
The growth of IoT adoption has been exponential across all industries, but organizations within each industry face a unique set of challenges along this journey. Enterprises leveraging all the big data generated from IoT devices in their machine learning models are able to use prescriptive and predictive analytics to make well-informed decisions.
Read this ebook to learn about the challenges of implementing data-driven IoT, and solutions for addressing the challenges across multiple industries.