The Internet of Things - Everything is Connected

The Internet as we have known it for the past two decades is primarily about connecting people, from email to online social networks. And Big Data is largely associated with connecting people as well, in applications such as providing fine-grained marketing data. But the "Internet of things" – connecting industrial and other devices to each other – is on the verge of dramatic expansion. And it too will be transformed by Big Data.

We are already beginning to see a wide range of applications for the connected device throughout our daily life.

  • Body:  Sensors and Connectivity for tracking your activity levels, monitor your baby or aging family members and tracking with reminders to take your medication.
  • Home: Remotely monitor and manage your home such as smart thermostats , appliances, track down lost items, home security and even hydroponic sensors for the house plants.
  • City: Monitor and manage city wide resources like smart trash cans, traffic sensors, available parking spaces, pollution warnings or intelligent street lighting.
  • Industry: Optimize operations, boost productivity and save in resources and cost utilizing equipment monitoring, asset tracking and  inventory tracking.
  • Environment: Understand and better manage the resources that we currently have by monitoring pollution levels, track water and wildlife.

General Electric (GE) is one major advocate of the Internet of things (though the company prefers to call it the Industrial Internet). And GE offers one handy example of the potential impact of Big Data: operating and performance data from jet engines.

A single typical jet engine produces not only thousands of pounds of propulsive thrust, but also some 20 terabytes of data per hour of operation. And as Thor Olavsrud notes at CIO, this performance data adds up in a big way, providing a treasure trove of operational Big Data.

Some 43,000 jet engines are currently in service, with another 30,000 expected to take to the air within the next 15 years. And over those 15 years, a one percent improvement in fuel economy could add up to $30 billion in savings.

Purely hardware-based improvements in jet engine performance are hard to come by – but the vast quantity of operating data that all those jet engines could provide might readily allow fuel economy to be improved by one percent. Operational data could offer similar margins of improvement across a host of technologies and processes, from power plants to medical processes.

This is the transformative potential offered by applying Big Data analytics to the enormous wealth of operational information that the Internet of things will make available over the next few years. GE is already offering an integrated suite of tools for managing Big Data from industrial processes, and other vendors will surely join in the parade.

For companies and organizations of all sorts the Internet of things, and its Big Data potential, are an emerging opportunity. It may provide savings, or new service offerings. Let GRT Corporation help you join the Big Data revolution in industrial processes.

Big Data and related technologies – from data warehousing to analytics and business intelligence (BI) – are transforming the business world. Big Data is not simply big: Gartner defines it as "high-volume, high-velocity and high-variety information assets." Managing these assets to generate the fourth "V" – value – is a challenge. Many excellent solutions are on the market, but they must be matched to specific needs. At GRT Corporation our focus is on providing value to the business customer.

To learn more, please contact us.