Book Image

Smarter Decisions - The Intersection of Internet of Things and Decision Science

By : Jojo Moolayil
Book Image

Smarter Decisions - The Intersection of Internet of Things and Decision Science

By: Jojo Moolayil

Overview of this book

With an increasing number of devices getting connected to the Internet, massive amounts of data are being generated that can be used for analysis. This book helps you to understand Internet of Things in depth and decision science, and solve business use cases. With IoT, the frequency and impact of the problem is huge. Addressing a problem with such a huge impact requires a very structured approach. The entire journey of addressing the problem by defining it, designing the solution, and executing it using decision science is articulated in this book through engaging and easy-to-understand business use cases. You will get a detailed understanding of IoT, decision science, and the art of solving a business problem in IoT through decision science. By the end of this book, you’ll have an understanding of the complex aspects of decision making in IoT and will be able to take that knowledge with you onto whatever project calls for it
Table of Contents (15 chapters)
Smarter Decisions – The Intersection of Internet of Things and Decision Science
Credits
About the Author
About the Reviewer
eBooks, discount offers, and more
Preface

Chapter 8. Disruptions in IoT

With the Internet of Things paradigm sensing increasing penetration in every industrial vertical, we have witnessed phenomenal disruptions in the IoT fraternity. Success stories are shooting up in every industrial vertical by demonstrating the value and potential of IoT. Artificial intelligence, machine learning, deep learning, robotics, genomics, cognitive computing, fog computing, edge computing, smart factory, and a plethora of other disruptions have emerged with IoT. We have directly or indirectly benefited from these disruptions while leveraging the innovations in technology used in our daily chores. As time progresses, we can affirmatively expect to scale this even better.

Connected assets and connected operations have now become a reality, and we will see disruptions in IoT with the convergence of innovation from multiple disciplines. To name a few, the increasing volume of data has fostered the growth of deep learning in IoT, edge computing or fog computing...