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

Cost considerations for IoT analytics


There are some cost considerations associated with IoT analytics specifically. They are not unique to IoT but become more pronounced with the scale and processing needs associated with it.

Cloud services costs

IoT analytics requires multiple layers of cloud services. There is often an IoT hub, message queue, load balancing, compute, storage, ML service, data warehouse, and security services included in an IoT analytics solution.

As mentioned previously, these costs can add up quickly if not designed carefully and monitored closely. Make sure to include all services in a business case and use cloud flexibility to minimize costs.

Expected usage considerations

Model your expected IoT analytics usage requirements carefully. A business case should not include only the services used for analytics during data processing and storage. It should also include costs for both ad hoc analytics and data science modeling on the stored historical data.