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How does IoT contribute to big data?

The Internet of Things (IoT) contributes to big data by constantly collecting vast amounts of information from various devices and sensors. This data, generated in real time, is then processed and analyzed to provide valuable insights, helping businesses make informed decisions and improve operations.

Stats:  

“Over 150 existing and potential IoT applications are projected to collectively contribute between $3.9 trillion and $11.1 trillion to the global economy annually by 2025.” *McKinsey

How is IoT connected to big data

Think of IoT as collecting lots of data from things like sensors and devices (for example, temperature readings from a thermostat). This data is like puzzle pieces. Big data is like the tool that helps us put these puzzle pieces together to see the whole picture. 

 

How is IoT connected to big data (explanation)
How is IoT connected to big data (explanation)

What benefits does your business get by using  IoT and Big Data together?  

Explained with 6 examples

Example 1: predictive maintenance

US companies can use IoT sensors to monitor the condition of machinery and equipment in real-time. Big data analysis of this information allows businesses to predict when maintenance is needed, reducing downtime and maintenance costs.

Predictive Maintenance

Example 2: inventory optimization

IoT sensors can track inventory levels and product demand. Big data analytics help companies optimize their inventory, ensuring that they have the right products in stock while minimizing excess stock or stockouts.

Inventory Optimization

Example 3: energy efficiency

IoT systems can monitor energy usage in facilities and adjust settings for lighting, heating, and cooling. Big data analysis allows companies to identify patterns and make data-driven decisions to reduce energy consumption, leading to cost savings and environmental benefits.

Energy Efficiency

Example 4: supply chain optimization

IoT sensors can track the movement of goods throughout the supply chain. US companies can use big data to gain visibility into their supply chain operations, reduce inefficiencies, and make informed decisions to optimize the entire process.

Supply Chain Optimization

Example 5: quality control

IoT devices can monitor product quality during manufacturing and in real-world use. Big data analysis can help identify defects and patterns of product performance, enabling companies to improve product quality, reduce defects, and enhance customer satisfaction.

Quality Control

Example 6: enhanced customer insights

IoT devices can collect data on customer behavior and preferences. By analyzing this data, businesses can tailor their products and services to meet customer needs more effectively, leading to increased customer satisfaction and loyalty.

Enhanced Customer Insights

We at SumatoSoft develop custom Big Data analytics and IoT software for any business challenges.

Get proof of our successfully completed IoT projects in the profile.

What is the relationship between IoT, big data, and cloud computing?  

Learn how IoT, big data, and cloud computing work together

IoT as the Data Source

IoT as the data source

IoT devices generate a vast wellspring of data, collecting information from countless sources such as sensors, devices, and applications. This data is the lifeblood of the digital age, providing real-time insights into operations, user behavior, and more.
Big Data as the Analytical Engine

Big data as the analytical engine

Big data serves as the analytical platform, processing and deciphering the deluge of data from IoT. Its powerful algorithms and data processing capabilities help uncover valuable insights, patterns, and trends. This transformative process turns raw data into actionable knowledge, offering businesses the competitive edge.
Cloud Computing as the Storage Hub

Cloud computing as the storage hub

Cloud Computing acts as the bedrock where IoT-generated data and big data analytics coexist. It offers scalable, secure storage and the capability for rapid data access, facilitating real-time decision-making. The cloud provides a robust infrastructure for businesses to store, manage, and retrieve their valuable data assets.

Stats:  

“The latest IoT Analytics “State of IoT—Spring 2023” report shows that the number of global IoT connections grew by 18% in 2022 to 14.3 billion active IoT endpoints. In 2023, IoT Analytics expects the global number of connected IoT devices to grow another 16%, to 16.7 billion active endpoints.” *IoT Analytics

What advantages can you get from
IoT and Big Data

Explore the pros of SumatoSoft custom IoT solutions.

Enhanced Decision-Making

Get enhanced decision-making

Access to real-time data enables informed, data-driven decisions.

Improved Efficiency

Get improved efficiency

Optimize processes, reduce downtime, and enhance resource allocation.

Cost savings

Get cost savings

Identify areas for cost reduction and resource optimization.

Predictive Maintenance

Get predictive maintenance

Prevent equipment breakdowns and reduce maintenance costs.

Environmental Sustainability

Get environmental sustainability

Monitor and reduce energy consumption and waste.

New Revenue Streams

Get new revenue streams

Monetize data and create new business opportunities.

Why do people choose SumatoSoft

98
%
User satisfaction rate
200
+
Successful projects
25
+
Countries
70
%
Senior engineers
3
+
Years of Сlients’ engagement
10
+
Years on the market

Our Rewards & Recognitions

SumatoSoft has been recognized by the leading analytics agencies from all over the world. We deliver value, not just software.
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Our Clients talk about us

The system has produced a significant competitive advantage in the industry thanks to SumatoSoft’s well-thought opinions.

They shouldered the burden of constantly updating a project management tool with a high level of detail and were committed to producing the best possible solution.

I was impressed by SumatoSoft’s prices, especially for the project I wanted to do and in comparison to the quotes I received from a lot of other companies.

Also, their communication skills were great; it never felt like a long-distance project. It felt like SumatoSoft was working next door because their project manager was always keeping me updated. Initially.

We tried another company that one of our partners had used but they didn’t work out. I feel that SumatoSoft does a better investigation of what we’re asking for. They tell us how they plan to do a task and ask if that works for us. We chose them because their method worked with us.

Together with the team, we have turned the MVP version of the service into a modern full-featured platform for online marketers. We are very satisfied with the work the SumatoSoft team has performed, and we would like to highlight the high level of technical expertise, coherence and efficiency of communication and flexibility in work.

We can say with confidence that SumatoSoft has realized all our ideas into practice.

The Rivalfox had the pleasure to work with SumatoSoft in building out core portions of our product, and the results really couldn’t have been better.

SumatoSoft provided us with engineering expertise, enthusiasm and great people that were focused on creating quality features quickly.

Your IoT project starts here.

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    Headquarters

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    Boston, MA 02108,

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    Frequently asked questions

    How can SumatoSoft assist in developing IoT projects?

    We offer end-to-end IoT Software Project development, including device integration, data analytics, and application development, tailored to your specific needs.

    What’s the benefit of partnering with SumatoSoft for Big Data solutions?

    We can help you leverage Big Data to derive valuable insights from your data, enabling better decision-making and business growth.

    What’s the process of custom IoT and Big Data solution development at SumatoSoft?

    We start with a detailed consultation, followed by solution design, development, testing, and ongoing support.

    Can you assist in integrating IoT and Big Data with our existing systems and software?

    Yes, we specialize in seamless integration to ensure compatibility with your current infrastructure.

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