Big Data Analytics is the big differentiator in IoT.The value in IoT and the biggest revenue opportunities lie not in IoT sensors, modules, components and devices but in the associated Analytics applications.This Report examines the crucial role that IoT-enabled predictive and prescriptive Analytics will play in helping organizations sift through the data deluge to make informed decisions and derive real business value from their applications. Analytics can make businesses more efficient, enabling them to cut costs and lower ongoing operational expenditures and ultimately become more competitive and drive top line revenue.
This Report examines the business and technology drivers propelling organizations to adopt the new predictive and prescriptive capabilities in Analytics. It also presents the best use cases for deploying Big Data Analytics in crucial verticals like banking/finance, healthcare, retail, industrial, manufacturing and transportation to turn the results of analytic models into tactical, practical and strategic actions that benefit business’ top and bottom lines. IoT enabled Big Data predictive and prescriptive Analytics can help organizations:
- Identify and Analyze Data to make informed decisions in real-time
- Make Tactical, Proactive Responses to Cut Costs, Drive Operational Efficiencies
- Improve Business Performance and Customer Satisfaction
- Make long-range forecasts
- Take Strategic Action to Drive Top-line revenue