Shortly, the Internet of Things will play a big role, especially in the industrial sector. The Internet of Things creates a lot of buzzes because it enhances the capabilities of organizations and eliminates the shortcomings of traditional operations. IoT Analytics is an analytics platform that allows you to evaluate data collected from IoT devices. This variant of analysis is particularly well suited for IoT data analysis, as devices typically generate large amounts of information in a relatively short amount of time.

According to statistics, IoT devices generate 250 quadrillion bytes of data every day. Heterogeneous data sources make data integration a daunting task. This is where your IoT analytics begin. According to a 2021 study, the IoT will include more than 30 billion connected devices by 2021. This means that organizations are dealing with vast amounts of data that are difficult to process.

Incidentally, according to a recent survey, more than 26% of enterprises said their IoT initiatives were successful. However, without IoT analytics, organizations cannot reap the benefits of this technology. To disseminate more useful information on this issue, Group Futurista is hosting the "Future of IoT Analytics for Businesses," a virtual summit featuring a broad group of industry experts. Book your slots asap !!