What is Big Data?
Big data means a huge set (petabytes or gigabytes) of structured, unstructured or semi-structured data and analyzing that information to get the insights of the enterprises trend.
What is IOT?
Internet of Things (IoT) refers to a system of connected physical objects via the internet. The ‘thing’ in IoT can refer to a person or any device which is assigned through an IP address. A ‘thing’ collects and transfers data over the internet without any manual intervention with the assistance of embedded technology. It assists them to interact with the external environment or internal states to take the decisions.
Applications of Big Data:
The term Big Data is referred to as a huge amount of complex and unprocessed data. Now-a-days organizations use Big Data to make enterprises more informative and enable them to take enterprise decisions by allowing data scientists, analytical modelers and other professionals to analyze huge volume of transactional data. Big data is the valuable and powerful fuel that drives enormous IT industries of the 21st century. Big data is a spreading technology used in each business sector. In this section, we will discuss the application of Big Data.
Travel and Tourism: Travel and tourism are the clients of Big Data. It enables us to forecast travel facilities needs at multiple locations, enhance organizations through dynamic pricing, and many more.
Financial and Banking Sector: The financial and banking sectors use big data technology extensively. This assists banks and client Behaviour on the basis of investment patterns, shopping trends, motivation to invest, and some inputs that are used to obtain from the financial backgrounds.
Healthcare: It has started making a huge variation in the healthcare sector, with the support of predictive analytics, medical professionals, and health care personnel. It can produce personalized healthcare and Individual patients also.
Telecommunication and Media: This sector is the main client of Big Data. There are petabytes to be generated every day and handling huge scale data that need big data technologies.
Government and Military: This is also used technology at high rates. In the military, a fighter plane needs to process petabytes of data. Government agencies use Big Data and run many agencies, managing utilities, dealing with traffic jams, and the effect of crime such as hacking and online fraud.
E-Commerce: This is also an application of Big data. It maintains relationships with users that are required for the e-commerce industry. E-commerce websites have many marketing ideas to retail merchandise clients, manage transactions, and implement better strategies of innovative ideas to enhance organizations with Big data.
•Amazon: This is a tremendous e-commerce website dealing with lots of traffic daily. But, when there is a pre-announced sale on Amazon, traffic increases rapidly that may crash the website. So, to handle this type of traffic and data, it uses Big Data. Big Data helps in organizing and analyzing the data for far use.
Social Media: This is the largest data generator. As per the present statistics around 500+ terabytes of fresh data generated from social media daily, particularly on Facebook. The data mainly contains videos, photos, message exchanges, etc. A single activity on the social media site generates many stored data and gets processed when needed. The data stored is in terabytes (TB); it takes a lot of time for processing. Big Data is a solution to the problem.
Applications of IOT:
Smart Homes: One of the best and the most practical applications of IoT, smart homes really take both convenience and home security, to the next level. Though there are various levels at which IoT is applied for smart homes, the best is the one that blends intelligent utility systems and entertainment together. For example, your electricity meter with an IoT device giving you insights into your everyday water usage, your set-top box that provides you to record shows from remote, Automatic Illumination Systems, Advanced Locking Systems, Connected Surveillance Systems all fit into this concept of smart homes. As IoT evolves, we can be sure that most of the devices will become smarter, allowing developed home security.
Smart City: This is not only about internet access to people in a city but to the devices in it as well – that’s what smart cities are supposed to be made of. Efforts are being made to incorporate connected technology into infrastructural essentials and some vital concerns like Traffic Management, Waste Management, Water Distribution, Electricity Management, and more. All these work towards eliminating some day-to-day challenges faced by people and bring in added convenience.
Farming: This is one sector that will benefit the most from the Internet of Things. With so many enhancements happening on tools farmers can use for agriculture, the future is surely promising. Tools are being improved for Drip Irrigation, understanding crop patterns, Water Distribution, drones for Farm Surveillance, and more. These will enable farmers to come up with a more productive yield and take care of the concerns better.
Wearables: This remains a hot topic in the market, even today. These devices serve a wide range of purposes ranging from medical, wellness to fitness. Of all the IoT startups, Jawbone, a wearables maker, is second to none in terms of funding.
Smart Grids: One of the many useful IoT examples, a smart grid, is a holistic solution that applies an extensive range of Information Technology resources that allow existing and new gridlines to decrease electricity waste and price. A future smart grid enhances the efficiency, reliability, and economics of electricity.
Industrial Internet: The Industrial Internet of Things consists of interconnected sensors, instruments, and other devices connected with computers industrial apps like manufacturing, energy management, etc. While still being unpopular in comparison to IoT wearables and other uses, market researches such as Gartner, Cisco, etc., believe the industrial internet to have the highest overall potential.
Conclusion:
The convergence of IoT and big data can provide new opportunities and applications in all the sectors. Along with that, it has the potential to revolutionize many aspects of our society.
