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
    “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
  • 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
  • 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
  • 79
    September/October 2018 Analytics revolutionizing healthcare Values that should guide AI revolution The future role of AI in fact checking Data science at Monsanto Strengthening global supply chains July/August 2018 Why optimization models fail AI: Path to an intelligent enterprise How to truly listen to customers Close the deal: marketing &…
    Tags: analytics, data


Headlines

Fighting terrorists online: Identifying extremists before they post content

New research has found a way to identify extremists, such as those associated with the terrorist group ISIS, by monitoring their social media accounts, and can identify them even before they post threatening content. The research, “Finding Extremists in Online Social Networks,” which was recently published in the INFORMS journal Operations Research, was conducted by Tauhid Zaman of the MIT, Lt. Col. Christopher E. Marks of the U.S. Army and Jytte Klausen of Brandeis University. Read more →

Syrian conflict yields model for attrition dynamics in multilateral war

Based on their study of the Syrian Civil War that’s been raging since 2011, three researchers created a predictive model for multilateral war called the Lanchester multiduel. Unless there is a player so strong it can guarantee a win regardless of what others do, the likely outcome of multilateral war is a gradual stalemate that culminates in the mutual annihilation of all players, according to the model. Read more →

SAS, Samford University team up to generate sports analytics talent

Sports teams try to squeeze out every last bit of talent to gain a competitive advantage on the field. That’s also true in college athletic departments and professional team offices, where entire departments devoted to analyzing data hunt for sports analytics experts that can give them an edge in a game, in the stands and beyond. To create this talent, analytics company SAS will collaborate with the Samford University Center for Sports Analytics to support teaching, learning and research in all areas where analytics affects sports, including fan engagement, sponsorship, player tracking, sports medicine, sports media and operations. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Annual Meeting
Nov. 4-7, 2018, Phoenix

Winter Simulation Conference
Dec. 9-12, 2018, Gothenburg, Sweden

OTHER EVENTS

Applied AI & Machine Learning | Comprehensive
Starts Oct. 29, 2018 (live online)


The Analytics Clinic
Citizen Data Scientists | Why Not DIY AI?
Nov. 8, 2018, 11 a.m. – 12:30 p.m.


Advancing the Analytics-Driven Organization
Jan. 28–31, 2019, 1 p.m.– 5 p.m. (live online)


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.