mathworks case example
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1© 2015 The MathWorks, Inc.
R&D for an IoT Product:Analysis vs. Analytics
Rob Purser
Manager of Hardware Integration
MATLAB Products
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Internet of ThingsCase Study
Communication Connectivity
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Mapping to theInternet of Things
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What Data Analytics is NOT ?
“It would appear, Hopkins, that your gut feel was only indigestion”
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Data Analytics
Business critical
What Data Analytics is
Data Analytics uses data to drive decision making It enables organizations to derive insights, drive business actions,
and therefore produce better business outcomes.
Analytics Maturity
Level of Sophistication
Prescriptive
Predictive
Diagnostic
Descriptive
What should happen?
What will happen?
Why did it happen?
What happened?C
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Data Analysis
Ad Hoc
Lisa Kart, Gartner – Advance Analytics
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Analytic Investment Drives ROI
Collect
HistoricalAnalysis
OnlineAnalytics
ROI
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Iterative Workflow Developing IoT Systems
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Takeaways
Analytics drive ROI on Internet of Things systems Analytic development is an iterative process You won’t know in advance everything to analyze At the start, have a few questions you want answered Take a little more data than you think you’ll need