Big Data & IoT (Internet of Things), are two crucial technological phenomena, cruising towards future as we build more and more connections amongst humans and devices. Huge data is being generated because of multi-fold connections across people and things. Big data systems have consequences with the speed of data which is being generated nowadays, further the data generation is increasing exponentially in volume and is getting more complex in nature. Resource Corner can help your organisation to collect, understand and analyse the data across multiple industries to give you a cutting-edge competitiveness in this fast-going world by utilising the best of the people, processes, practices and platforms.
The main aspect when it comes to Big Data is collection and access of Data, Storage of Data, Privacy of Data and Processing of Data. IoT & Big Data together are two main technological complimenting approaches which will help us to create a culture towards realization of value of data. This has a significant impact in terms of making better decisions, deepening customer engagement, optimizing operations, preventing threats & fraud, and capitalizing on new sources of revenue.
Enormous Data Production
Data is being produced exponentially by multiple things around us in a continuous manner. Every digital process and social media exchange produces different types of data. Various systems, sensors and mobile devices transmit the data. Big Data is arriving from multiple sources at an alarming velocity, volume and variety. To extract meaningful value from big data, you need optimal processing power, analytics capabilities and skills.
In a nutshell, the IoT can be applied to things like transportation networks, smart cities, energy grid and vice-versa. The more and more we think towards technological applications of these, the more they can help us reduce waste and improve efficiency across the spectrum, thus helping us understand and improve how we work on dealing with those situations.