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IoTIoT

Y
Yuvaraj S

Posted on 27th February 2024|38 views

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Do We Need Data Analytics In IOT?

Can anybody please explain the importance of data analytics in IoT 

Answers
P
Christopher Lawrence

Posted on 27th February 2024

Data analytics is a critical component needed in any IoT rollout. Let us find out the reason why data analytics is important:

Volume - With time, businesses have to deal with loads of data on a daily basis. That is why data scientists require some new breed of analytics tools to extract useful business insights.

Structure - Data volume is not the only reason why we need data analytics. When we gather data from several data sources, they are unstructured, and therefore data analytics helps us to keep the data in an organized manner.

Drive revenue - When IoT and data analytics work in tandem, businesses generate more revenue by studying real-time insights deeply.

 

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