white-paperWhite Paper

How to maximize business value for your IoT projects using Advanced Analytics

advanced-analytics-for-iot-wp

The value from the Internet of Things (IoT) will come from the data, making Big Data analytics a main ingredient for the success of IoT initiatives.

The ability to analyze Big Data from your assets and other “things” in real-time, combined with the ability to take timely intelligent actions will be key to delivering optimal value for your IoT initiatives.

Businesses can generate significant value by applying Advanced Analytics tools and methodologies to the proliferation of new data in IoT environments to predict problems early, generate new sources of revenue, and create improved customer experiences.

Applications for Advanced Analytics include asset optimization, predictive maintenance, fraud detection, predictive 1-1 marketing, and more.

The white paper discusses the concept of the Analytics Value Chain in Advanced Analytics, and how this new methodology can help you generate optimal business value via:

  • Faster Analytics using an analytics engine that unifies historical, real-time streaming, predictive, and prescriptive analytics for all data types
  • Smarter Actions by combining prescriptive analytics with intelligent actions via real-time via alerts, notifications, and other automated workflows
  • Better Outcomes Faster using self-service and automation capabilities to empower teams to accelerate time-to-value and create analytics solutions in minutes vs. months

Complete the form to get a free copy of the Advanced Analytics for IoT white paper!

About the Author – Dale Skeen, Ph.D.

Dr. Dale Skeen is the CTO and Co-Founder of Vitria Technology, where he is responsible for overall technology direction and product development.

A computer scientist at heart, Dale is currently spearheading innovative advancements of analytics for the Internet of Things (IoT) and big data initiatives.

For more than 25 years, Dr. Skeen has designed and implemented large-scale computing and fast data systems for some of the world’s largest companies in Financial Services, Telecom, and Energy. He is a recognized industry visionary in Publish-Subscribe Communication, Intelligent Business Process Management, and Real-Time Analytics, with dozens of patented inventions in these areas.

Prior to co-founding Vitria, Dr. Skeen was the co-founder of TIBCO Software, where he served as the Chief Scientist, and held faculty positions at the University of California, Berkeley, and Cornell University.