The Internet of things is a concept many industries around the world are adopting today. The concept of IoT is very simple to understand but tremendously powerful. IoT is anything that can be connected to the internet, like devices, appliances, machines, and cars, who exchange data between each other (Morgan, 2014). It is almost like a network of devices. IoT is important because the data that is generated between all these devices, which is data analytics in real-time, can be a live network that can produce deeper insights and improve business decisions (Goerlich, 2016).
IoT relates to many of the concepts I learned in 2502 Data Analytics. One of them is, MySQL. In class, we were able to see trends of what customers bought and where, and use this data to build a customer profile. IoT generates a tremendous amount of data, but where will we store all this data? The potential answer to this question is, MySQL. Data that is collected from IoT can be stored in a database management system, like MySQL. Another concept I learned in class was, what we can do with data. Everything starts with data. With the data that has been created from IoT, we need to make sense of it by gathering, storing, retrieving, and interpreting it. This is important because businesses can use the data to make business decisions and future predictions as well.
In practice, IoT is used every day, to the point where it is a part of our lives. One example is smart homes. IoT has enabled us to turn off lights in our homes when we are far away, or unlock the door for a family member or friend when you are not home. This helps homeowners save time and money.
References:
Goerlich, K. (2016, June 20). Live Business: The Importance of the Internet of Things. Retrieved from http://www.digitalistmag.com/executive-research/live-business-the-importance-of-the-internet-of-things
Morgan, J. (2017, April 20). A Simple Explanation Of ‘The Internet Of Things’. Retrieved from https://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can-understand/
