What must leaders do to drive adaptation for the IoT analytics and what are the key success factors
Ambuj Kathuria
CTO || CDO || Catalyzing Transformation through Domain, Data, Digital & AI Engineering || Gen AI Lead Practitioner || Data & AI Leadership in Shaping Future-Ready Enterprises || Advisor to CXO || Pursuing PhD in Gen AI
When we talk about IoT, Digital transformation - everyone looked for a solution to tackle a Aggregator, scale streaming, multiple formats, harnessing of data from IoT devices. And it concludes all our energy & money goes into modernizing infrastructure...
But with my experince major challenges lying somewhere else
- Data is everywhere therefore data management and analytics capabilities everywhere. All kind of analytics ( descriptive, diagnosis, predictive and prescriptive) are relevant for IoT
- More data results into more complexities in terms of processing, transforming real value out of data
- End point integration with operation system, partner system and bidirectional communication & control of end points
- Action based analytics at edge
- we can apply AI in two ways - Harnessing IoT data, driving behaviors