The constant momentum driving ever-changing trends in technology has been gaining a new kind of thrust. The effect on society and how we live reflects this -and sometimes it can seem suffocating. The Internet of Things (IoT) is one of those major tech trends. But like so many developments, it is only when combined with other technologies that it becomes powerful. In fact, IoT devices don't actually offer much on its own.
Making the connection
An IoT device only becomes useful when the user collects, stores and analyzes the data it provides. This link between the IoT and data analytics is critical. Big data gives a company the opportunity to assess, predict and as a result, improve efficiency by learning more about how their assets and products are consumed.
With IoT devices providing new sources of data, the picture of what is actually happening is more complete. Often this will reveal an insight which had previously been overlooked.
IoT storage and computing
The other component of connected IoT system is cloud storage and compute. By connecting the device to the internet, users are able to store its valuable data, prior to analysis and manipulation. This only works with the right environment, though. With the increase in connected devices (according to Gartner, 5.5 million new things were connected to the Internet every day in 2016) having a platform which performs at scale can be complex.
Architecting for scale—and doing it in a cost-effective way—is challenging. It requires a specialist set of skills and expertise. A platform that allows you to collect and analyze the data is the foundation for delivering the business insights you are looking to deliver.
Cloud platforms are well-placed to provide the capacity for growth needed and the explosion in features from providers such as Amazon and Microsoft mean they are now available at an unprecedentedly low cost of entry.
IoT, data analytics, and the cloud
In isolation, IoT, data analytics and cloud are limited, but when combined to build a business platform, they can transform how a business operates.
Each has a part to play in the continued development of technology adoption. Measure, store and analyze are the three vectors which are powering today's most successful businesses.
The 7 laws of IoT cloud data
Mike Bainbridge, chief digital technologist, Rackspace. This article originally appeared on Internet of Business, a CFE Media content partner. Edited by Chris Vavra, production editor, Control Engineering, CFE Media, cvavra(at)cfemedia.com.