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IoT and IOD – The Internet of (Very Big) Data

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The IoT will give rise to the IoD – the Internet of (very Big) Data. The business opportunity is big too, but what about the costs?

How Big is Big Data ?

Let’s start by discussing how big is Big Data. For example, Walmart customer transactions generate about 1 million data points per hour. Big, isn’t it ?

Well, one single energy meter generates 1 million data points per day. This means that about 20 energy meters would generate as much data as 20,000 Walmart stores.

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Big Data = Big Money ?

If this sounds scary, it’s because you are thinking that big data equals big data storage – and consequently big money. And you’d be right, since this is what we have always been doing with data generated by human activities – store data first, use it later. But with the data volumes generated by things we need to rethink this approach.

Why do we need Big Data ?

Let’s start by reflecting upon the reasons why we might need big data generated by things. I believe that we can trim them down to 2 main categories:

  • To discover something that we do not expect
  •  To respond to something that we do expect

We will discuss how can we achieve these goals effectively and without having to invest in huge data storage infrastructures.

>> Read : IoT and IOD – The Internet of (Very Big) Data

Source : iiot-world

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No Web Agency Staff

No Web Agency est un site spécialisé dans la Publication & Diffusion de Communiqués de Presse, actus... édité par Sébastien Mugnier !

Notre objectif est simple, c’est d’accompagner les entreprises dans le développement de leur image, comme diffuseur de leurs actualités, ou encore en relais de leur stratégie marketing (lancement de produits, salon…).

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Notre objectif est simple, c’est d’accompagner les entreprises dans le développement de leur image, comme diffuseur de leurs actualités, ou encore en relais de leur stratégie marketing….++