IoT analytics: Reaping value from IoT data

The internet of things (IoT) is increasingly becoming a key component of many companies' data-driven transformation strategies. Indeed, organizations that have embraced IoT are already seeing benefits such as improved operational processes, better inventory management, and enhanced equipment maintenance -- to name a few. But a successful IoT strategy is more than just connecting a bunch of devices and sensors to the internet and gathering data from these "things." IT must establish the ability to effectively analyze the vast amounts of data IoT creates in order to make sense of it and gain real business insights. That's why an analytics strategy for IoT should be a top priority for any company looking to get the most out of all the connectivity.