What Does Analytics of Things Mean?
Analytics of Things is the term used to describe the analysis of the data generated by the Internet of Things devices. In other words, analytics of the Internet of Things is Analytics of Things. Analytics of Things is required so as to make the connected devices smart and to give the devices the ability to make intelligent decisions.
Techopedia Explains Analytics of Things
Analytics of Things is still evolving and needs significant time and effort for achieving real business value. Like all other analytics, Analytics of Things comprises data collection and analytics. There are different categories of Analytics of Things, such as understanding patterns and the analysis for variation, detection of anomalies, predictive asset maintenance, optimization by analysis of a procedure or process, prescription and situational awareness.
