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Articles tagged as big data

The Hidden Risks of Unreliable Data in IIoT

One of the key goals of Industry 4.0 is business optimization, whether it’s from predictive maintenance, asset optimization, or other capabilities that drive operational efficiencies. Each of these capabilities is driven by data, and their success…

How to Build an Industrial IoT Project Without the Cloud

Contrary to what you might think, you don’t need cloud providers or platforms to run your enterprise IoT project. In fact, it might be to your advantage to just stick to edge computing. If you’re considering…

The new rise of time-series databases

Time-series data storage and management has long been an interesting—if quiet—market category. It’s been a multibillion-dollar business for years and a mainstay in process-manufacturing plants since the 1980s. But recently, the category has been getting another look…

Industrial IoT and the (Data) Sharing Economy

Where is the real money in IIoT? Industrial IoT (IIoT) is a huge business opportunity. According to IndustryARC research (June 2016), the IIoT market is estimated to reach $123.89 Billion by 2021 at a high CAGR.…

The Hydrocarbon Industry and IIoT Transformation

After years of high and rising oil prices, the latest drastic drop in Oil prices put indebted Oil and Gas companies on credit rating agencies watch lists and resulted in some oil and gas companies going…

IoT and IoD – The Internet of (Very Big) Data

The IoT will give rise to the IoD – the Internet of (very Big) Data. The business opportunity is big too, but what about the costs? How Big is Big Data? Let’s start by discussing how…