IIC Journal of Innovation 11th Edition | Page 50

Accelerating Performance with the Artificial Intelligence of Things Figure 6: The IoT Analytics Life Cycle Unify the Complete Analytics Life Cycle To achieve value from the connected world, the AIoT system first needs access to diverse data to sense what is important as it is happening. Next, it must distill insights from the data in rich context. Finally, it must get rapid results, whether to alert an operator, make an offer or modify a device’s operation.  Successful IoT implementations will link these supporting capabilities across the full analytics life cycle:   Data analysis on the fly. This is the event stream processing piece of it described earlier. Event stream processing analyzes huge volumes of data at very high rates (in the range of millions per second) – with extremely low latency (in milliseconds) – to identify events of interest. Real-time decision making/real-time interaction management IIC Journal of Innovation  - 46 - The streaming data about an event of interest – such as a car’s constantly changing location, direction, destination, environment and more – goes into a recommendation engine that triggers the right decision or action. Big data analytics Getting intelligence from IoT devices starts with the ability to quickly ingest and process massive amounts of data – most likely in a distributed computing environment such as Hadoop. Being able to run more iterations and use all your data – not just a sample – improves model accuracy. Data management IoT data may be too little, too much and certainly in multiple formats that have to be integrated and reconciled. Solid data management can take IoT data from anywhere and make it clean, trusted and ready for analytics.