This IDC Perspective provides insights into the current trends in IoT data integration. As the Internet of Things continues to grow and expand, questions about how best to harness the data that flows from sensors and collectors at the edge to be used at different levels of decision making continue to be asked. This IDC Perspective provides a framework of looking at making decisions using IoT data based on who, what, how many, and how often decisions need to be made, taking into consideration the scope, latency, variability, ambiguity, and risks associated with the data and the decision. Using real-world case studies, trends of IoT data integration are provided within the context of known IoT data integration and newly discovered data intelligence patterns."Data coming from the IoT is being used to make decisions at multiple levels, from executives through middle management to frontline and assembly-line workers," says Stewart Bond, research director, Data Integration and Data Intelligence Software research at IDC. "Decisions that leverage the diversity and veracity of data coming from the IoT requires data integration functionality similar to what has existed in the marketplace and custom solutions for some time, but the nonfunctional requirements of IoT data volume, frequency, and connectedness requires architects to approach these solution differently yet consistently to promote consistency and reuse."
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This IDC study provides an update to IDC's worldwide IoT market outlook, according to IDC's December 2020 Worldwide Internet of Things Spending Guide. It also updates Worldwide Internet of Things Forecast, 2020-2024 (IDC #US45861420, August 2020).This IDC study provides key considerations for technology suppliers in this evolving and complex...
The IoT insurance market is expected to grow at a CAGR of 40% over the forecast period (2021-2026). Insurance is one of the fastest-growing sectors in the global IoT market. Growth of the insurance sector in parallel with innovative insurance models and growing usage of IoT to reduce the premium and risk-related costs are some of the major...
While Internet of Things (IoT) adoption is a strategic imperative, companies struggle with legacy infrastructure, connectivity, and implementation decisions.IoT providers can help companies advance IoT plans by using their expertise and portfolio of solutions. Instead of following a build-and-own approach, companies should opt for IoT-managed...
Report Scope:
In this report, the market is segmented by component, data type, application, industry and geography.The report provides an overview of the global IO-Link system market and analyzes market trends and challenges that affect the vendor landscape.
Using 2019 as the base year, the report provides market...
The aerial CONOPS is undergoing a major change with network-centric warfare and connected combat elements emerging as a global trend.Advances in the Internet of Things, combat clouds, data processing, and data sharing elements have given rise to a connected battlefield where all elements operate on a common operating picture.
Even...
The global earthing equipment market grew at a CAGR of around 5% during 2014-2019. Earthing equipment refers to various devices used for transferring electricity directly to the earth’s plate. Some of the commonly used earthing equipment includes low resistance cables, insulated operating rods, pruning heads, clamp...
The global inventory tank gauging system market grew at a CAGR of around 5% during 2014-2019. The inventory tank gauging system refers to the instruments used to measure liquid levels in a tank accurately. Two of the commonly used tank gauging systems include point level instruments and continuous level instruments,...
The Global Small Cell 5G Network Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include emergence of smart and wearable gadgets, increased deployment of indoor small cells, and increasing popularity...
The global software defined radio market reached a value of US$ 27.4 Billion in 2020. The software defined radio (SDR) refers to a radio frequency communication tool that performs signal-processing tasks using the software installed in a desktop computer. It operates through a receiver, transmitter, software application and various other auxiliary...
Market Overview: The global test and measurement equipment market reached a value of US$ 24.34 Billion in 2020. Test and measurement equipment refers to various tools used to measure, analyze, display, test and record electrical data. These tools generate electrical signals and capture the responses from multiple devices...
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