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One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2
We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. However, businesses today want to go further and predictive analytics is another trend to be closely monitored. 4) Predictive And PrescriptiveAnalytics Tools.
When data science was in its “early days” within businesses, the data scientists mostly worked offline with static sources (like databases or web-based reports) to build and test analytics models for potential deployment in the enterprise. What is a non-disruptive upgrade (NDU)? Why Pure FlashBlade is truly evergreen.
According to a recent Forbes article, “the prescriptiveanalytics software market is estimated to grow from approximately $415M in 2014 to $1.1B IoT Integration : The Internet of Things (IoT) is generating vast amounts of real-time data through connected devices, enhancing monitoring and analytics across industries.
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