Book Image

Analytics for the Internet of Things (IoT)

By : Andrew Minteer
5 (1)
Book Image

Analytics for the Internet of Things (IoT)

5 (1)
By: Andrew Minteer

Overview of this book

We start with the perplexing task of extracting value from huge amounts of barely intelligible data. The data takes a convoluted route just to be on the servers for analysis, but insights can emerge through visualization and statistical modeling techniques. You will learn to extract value from IoT big data using multiple analytic techniques. Next we review how IoT devices generate data and how the information travels over networks. You’ll get to know strategies to collect and store the data to optimize the potential for analytics, and strategies to handle data quality concerns. Cloud resources are a great match for IoT analytics, so Amazon Web Services, Microsoft Azure, and PTC ThingWorx are reviewed in detail next. Geospatial analytics is then introduced as a way to leverage location information. Combining IoT data with environmental data is also discussed as a way to enhance predictive capability. We’ll also review the economics of IoT analytics and you’ll discover ways to optimize business value. By the end of the book, you’ll know how to handle scale for both data storage and analytics, how Apache Spark can be leveraged to handle scalability, and how R and Python can be used for analytic modeling.
Table of Contents (20 chapters)
Title Page
Credits
About the Author
About the Reviewer
www.PacktPub.com
Customer Feedback
Preface

The data retention strategy


Even big data eventually gets too big and costly to maintain. Remembering the goal of minimizing costs while still maximizing value, make sure to develop a retention strategy for IoT data. Data could be simply deleted after it is retained for a certain amount of time. However, by doing this, you could miss out on building a future profitable analytics service that was not thought of before the data was thrown away.

There are other options that allow you to retain value of the data while minimizing the costs. We will discuss some of these next.

Goals

The goals of a retention strategy for IoT analytics are twofold:

  • Maintain Value: Advanced modeling techniques, such as deep learning, need lots of history to maximize prediction effectiveness. It is also difficult to know ahead of time which fields will be valuable for a future unknown project. The traditional data retention strategies of storing records for a fixed period of time and then deleting the full dataset could...