The Internet of Things is the network of billions of devices around the world all now connected to the internet, capable of sharing information between each other.
Any device can become an IoT device capable of communicating IoT data with others. The only addition needed is a sensor to collect IoT sensor data and the ability to connect to the internet.
In recent years, huge strides have been made in this area and by 2025, IDC predicts that over 46 billion devices will make up the Internet of Things. These devices all produce IoT data, and this data can vary depending on the specific IoT device.
When a device produces IoT data, this data flows from sensors into a data lake, where engineering data takes place. An example of a device producing this kind of data may be a driverless truck that produces all kinds of IoT sensor data, from fuel levels to traffic reports.
Using IoT big data, companies can run analytics simultaneously to the data collection, supporting real-time decision making and providing advantages in business optimization.