IoT-connected devices generate a vast amount of data. The biggest impact of the internet of things (IoT) for businesses in the future will be how to manage big data. The future will see companies being forced to upgrade their processes, technologies, and security to align with this need.
Big data and IoT are entwined. How? Every device around us is connected to the cloud, sharing every minute bit of our data. Smart farming, e-health, smart retail, smart home, smart cities, smart environment are few applications of IoT in today’s world. A lot of data is generated from these applications that industries gather with the aim to improve their business workflows, enhance customer experience, and stay relevant in the ever-increasing competition. This means that IoT directly impacts data, making it swell in size (ergo, big data), and companies should leverage new-age technologies to draw accurate insights from the data to make informed business decisions.
Making sci-fi fantasy into reality, IoT is touching every aspect and every corner of our life. The benefits offered by the technology is beyond imagination. IoT is the new way of connecting one machine to another. In the future, we will envision automated services and systems, that will take care of our comfort as well. Hence, most of the major business leaders and even start-ups are making significant investments in this area by gathering large troves of data. The goal is to harness the power of big data that comes from sensors, actuators, and cameras and gain actionable insights by analyzing the data with big data analytics.
Right from data acquisition to data security to data analysis, IoT has a great impact on big data. The success of any company depends on how well they harness big data generated this way with the right analytics tools.
Naveen is the Founder and CEO of Allerin, a software solutions provider that delivers innovative and agile solutions that enable to automate, inspire and impress. He is a seasoned professional with more than 20 years of experience, with extensive experience in customizing open source products for cost optimizations of large scale IT deployment. He is currently working on Internet of Things solutions with Big Data Analytics. Naveen completed his programming qualifications in various Indian institutes.