IOT Analytics Market | Prognosticated To Accrue With A Whooping CAGR By 2022; Asserts MRFR

Market Highlights:

International Business Machines Corporation (U.S.), Intel Corporation (U.S.), SAP SE (Germany), AGT International (Switzerland), Accenture PLC (Ireland), Capgemini (France), PTC (U.S.), Mnubo Inc. (Canada), Cisco Systems (U.S.), Nokia Networks (Finland), Pentaho (U.S) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global IOT Analytics Market.

The IOT Analytics Market is driven by the factors such as business intelligence and advanced analytics. The high market penetration of connected devices and sudden outburst of data from IoT- enabled devices among others. The internet of things analytics are widely used in various sectors including manufacturing, healthcare, energy and utilities, retails and others. Some predominant trends such as the increasing number of IoT- enabled sensor, which releases a large amount of heterogeneous data simultaneously. The IOT Analytics can easily manage and handle all kind of machine log data, streaming data, to analyse and filter the fast-moving data. This helps in improving the system processes and helps in decision-making in a more convenient ways.

The cloud deployment is considered as a major driving factors of internet of things analytics market as the companies are availing these solutions for their business, end-to-end automation, and consumer-friendly IoT analytics platform. With these platform, the organizations are enabled for ingest, parse and analyse complex machine data logs of usage, performance, configuration, and settings information. The machine learning libraries and open-source technology are boosting the market growth of internet of things analytics market growth. These helps in predicting the potential failures or machine malfunctions and detect anomalies in less time and with high accuracy.

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Industry/ Innovation/ Related News:
March 21, 2017 – AT&T Inc. (US) and IBM Watson (U.S) has offered customers insights into their industrial IoT data via connected services. These solutions provides better prediction in maintaining and optimizing the machines. These analytics helps in detecting different kind of anomalies in very few seconds.
Apr 03, 2017 – Cisco and SAS has release Edge-to-Enterprise IoT Analytics Platform. This platform helps the organizations to apply analytics to the network based on their requirements. The Edge-to-Enterprise IoT Analytics is converting edge data collected via internet of things analytics.
Jan. 18, 2016 - Intel Corporation has revealed technological innovations which is driving internet of things analytics. It enables future retail systems with analytics and helps in understanding and connecting with customers. The company has invested in technology that uses data analytics and software to make smarter decisions.

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Global IOT Analytics Market – Segmentation

The Global IOT Analytics Market is segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Application Platform : Comprises Building Automation, Energy Management, Inventory Management, Infrastructure Management and Remote Monitoring among others.
Segmentation By Solutions : Comprises Gateway Analytics and Sensors among others.
Segmentation By Deployment : Comprises on Premises, On Cloud among others.
Segmentation By Vertical : Comprises Government, Healthcare, Financial Services, Retail, Manufacturing, Energy and utilities, Transportation and Logistics, among others.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Target Audience:
• OEMs
• System integrators
• Entertainment industry
• Education industry
• Research and consulting firms
• Small and large enterprises
• Government agencies

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This release was published on openPR.