article thumbnail

A 5D model to assess your IoT readiness

Cloudera

The number one challenge that enterprises struggle with their IoT implementation is not being able to measure if they are successful or not with it. Most of the enterprises start an IoT initiative without assessing their potential prior hand to be able to complete it. Each metric is associated with one or more questions.

IoT 54
article thumbnail

Optimizing the IoT Infrastructure for Enhanced Big Data Performance

Smart Data Collective

According to a report by Gartner, the economic impact of all products connected to the IoT will exceed $300 billion by next year. A number of factors are contributing to the proliferation of the IoT. Big data is the foundation of the IoT. Here are some reasons that big data advances will improve the IoT.

IoT 90
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Digital KPIs: The secret to measuring transformational success

CIO Business Intelligence

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives. As a result, outcome-based metrics should be your guide.

article thumbnail

Building Better Data Models to Unlock Next-Level Intelligence

Sisense

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. What is data modeling?

article thumbnail

The New Way Companies are Harnessing Data at the Edge for Value Added in Real-Time

CIO Business Intelligence

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Outcome-based solutions delivered in an as-a-service model allow companies to realize this rapid time-to-value. These scenarios are not imaginary.

IoT 123
article thumbnail

Top 10 Data Innovation Trends During 2020

Rocket-Powered Data Science

MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase. MLOps “done right” addresses sustainable model operations, explainability, trust, versioning, reproducibility, training updates, and governance (i.e.,

article thumbnail

The journey to a mature asset management system

IBM Big Data Hub

Sensoring and monitoring also contribute to the direct measurement of sustainability environmental, social and governance (ESG) metrics such as energy efficiency and greenhouse gas emission or wastewater flows. Machine connectivity through Internet of Things (IoT) data exchange enables condition-based maintenance and health monitoring.