In the rush to exploit telematics, machine data, social media, it will be hard to know what data to collect, join, analyse and action. Some good tips from Mike Fish at BigData4Analytics:
Read the article and you'll see it complements the article below.
Having achieved that you will need an agile analytics platform that helps experiment, test with users and iterate. This means you will be able to exploit the value of the data, new insights and turn these into better plans, decisions and outcomes.
One major new category is data from the emerging Internet of Things, or Iot, the vast global web network of connected devices – all of which generate data. Capturing, analyzing and leveraging this IoT data will begin to offer companies all kinds of business benefits – from competitive advantage to customer insights. Using this new data also requires a new data environment, however – one based in the cloud. The cloud, Internet of Things and agile infrastructure – all three of these elements are interlinked as the cloud fundamentally transforms how business is done in today’s digital world