Share with your friends










Submit

Analytics Magazine

Inside Story – IoT: The next gen

Analytics data science news articles

While techies debate the state of the Internet of Things and its potential to transform the way we interact with almost everything, there’s little doubt that the IoT will continue to be a topic of great interest throughout the worldwide analytics community and beyond for many years to come.

For the record, and according to Wikipedia, IoT is defined as the “internetworking of physical devices, vehicles (connected devices and smart devices), buildings and other items embedded with electronics, software sensors, actuators and network connectivity that enable these objects to collect and exchange data.” The Global Standards Initiative cut to the chase and defined the IoT as “the infrastructure of the information society.”

Not to be outdone, the Analytics of Things (AoT) is the layer on top of the IoT that helps turn all the data that the IoT collects into useful information.

We’ve covered the development of IoT and AoT extensively in Analytics magazine for many years, and this issue will add to that legacy, starting with “Industrie 4.0: Analytics everywhere” by Arnab Chakraborty and Thomas D. Meyer of Accenture. A German initiative, Industrie 4.0 is related to the Industrial Internet of Things (IIoT), also known as Industry 4.0 since it’s considered the fourth industrial revolution. Confused? Read the article and “things” will become clearer.

Next, Neeraj Chadha of Cisco explains how “IoT unleashes endless business opportunities” in the era of big data, while Gal Horvitz, CEO of global software company PNMsoft, gives several examples of supercharging the IoT by combining it with business process management in his article, “BPM empowering IoT business users.”

While the world as we know it may soon revolve around the IoT, back here on Earth even more pressing issues persist, such as hacking, information warfare and how best to address them. The CIA, famed for its secrecy in combating such threats, has adopted an open access policy that could be even more effective in winning the information wars as longtime INFORMS member Doug Samuelson reports in “The CIA’s new transparency.”

This issue includes many other articles of interest such as “Driving smarter decisions on pricing and promotion” and “Analytics @ Google,” along with the remarkable story of the first female computer scientist in “Ada Lovelace: poetical scientist.”

Enjoy the journey.

Analytics data science news articles

Save

Save

Related Posts

  • 86
    The CUNY School of Professional Studies is offering a new online master of science degree in data analytics. The program prepares its graduates for high-demand and fast-growing careers as data analysts, data specialists, business intelligence analysts, information analysts and data engineers in such fields as business, operations, marketing, social media,…
    Tags: data, analytics, business
  • 85
    Benjamin Franklin offered this sage advice in the 18th century, but he left one key question unanswered: How? How do you successfully drive a business? More specifically, how do you develop the business strategy drivers that incite a business to grow and thrive? The 21st-century solution has proven to be…
    Tags: data, analytics, will, business
  • 85
    “Drive thy business or it will drive thee.” Benjamin Franklin offered this sage advice in the 18th century, but he left one key question unanswered: How? How do you successfully drive a business? More specifically, how do you develop the business strategy drivers that incite a business to grow and…
    Tags: data, will, business, analytics
  • 81
    IoT (Internet of Things) devices have become increasingly popular in recent years. They are all around us – from fitness trackers on our wrists to smart thermostats in our homes – and adoption will only continue to grow in the coming years. In fact, Gartner, Inc. reported that 5.5 million…
    Tags: iot, data, devices, business, will, things, internet
  • 77
    January/February 2017 The CIA’s new transparency Driving smarter decisions on pricing, promotion Industrie 4.0: Analytics everywhere Analytics @ Google IoT unleashes endless business opportunities BPM empowering IoT business users Ada Lovelace: ‘poetical scientist’ November/December 2016 Putin vs. Western analysts Making analytics work through practical project management Crowdsourcing – Using the…
    Tags: analytics, data

Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.

Headlines

Stereotypes hold back girls’ interest in STEM subjects

New research from Accenture reveals that young people in the United Kingdom and Ireland are most likely to associate a career in science and technology with “doing research” (52 percent), “working in a laboratory” (47 percent) and “wearing a white coat” (33 percent). The study found that girls are more likely to make these stereotypical associations than boys. Read more →

Gartner: Connected ‘things’ will jump 31 percent in 2017

Gartner, Inc. forecasts that 8.4 billion connected things will be in use worldwide in 2017, up 31 percent from 2016, and will reach 20.4 billion by 2020. Total spending on endpoints and services will reach almost $2 trillion in 2017. Regionally, China, North America and Western Europe are driving the use of connected things, and the three regions together will represent 67 percent of the overall Internet of Things (IoT) installed base in 2017. Read more →

U.S. News: Analytics jobs rank among the best

When it comes to the best business jobs, analytics- and operations research-oriented disciplines dominate the list, according to U.S. News & World Report’s rankings of the “2017 Best Jobs.” In order, the top five “best business jobs” listings include: 1. statistician
, 2. mathematician
, 3. financial advisor, 
4. actuary, and 
5. operations research analyst. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

CONFERENCES

2017 INFORMS Business Analytics Conference
April 2-4, 2017, Las Vegas

2017 INFORMS Healthcare Conference
July 26-28, 2017, Rotterdam, the Netherlands

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.