David Friedman says, “Big data is one of the greatest economic opportunities of our time.

It’s also incredibly vague. You’ve probably been in conversations where the different participants were using “big data” to refer to (a) large amounts of data; (b) data sets that exceed the capabilities of traditional databases; or (c) the software tools employed to analyze the data sets in the first two definitions.

One of the most significant benefits of the Internet of Things is the fact that it will vastly expand our ability to monitor and measure things taking place the real world. A shop-floor manager knows that a small whining sound in a motor might mean trouble. A typical homeowner will also know that the ventilation system in your dryer can clog up with lint and create a safety hazard. Data systems are finally giving us an ability to understand these problems with precision“.

Get To Know The Four Types Of Data In The Internet Of Things

ReadWrite

Sharing is caring