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|The Age of Perfect Information
The implications of mining and analyzing machine data are immense; this is where the real core value creation opportunity lies within the Internet of Things.
Harbor Research, Inc.
Download new white paper
about how SkyFoundry is re-defining the concept of connected analytics
platforms and machine data intelligence
Sensors, machines and a wide range of devices generate massive amounts of structured and unstructured data, requiring a whole new class of data modeling, management and analytics tools to uncover and capture value. In the hands of talented users, analysts, domain experts and data scientists, these data can generate productivity improvements, uncover operational risks, signal anomalies, eliminate inefficient service cycles, and even drive enhanced security protocols.
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In a truly connected world of smart systems, not only people but all electronic and electro-mechanical products and machines will produce mountains of valuable information, all the time. Consider that today the number of connected devices on the planet has surpassed the number of people - 8+ billion - and depending on your definition of a sensor, there are already many more sensors on earth than people. This will generate phenomenal volumes of data ripe for value creation.
The ability to detect patterns from these devices is the holy grail of smart systems. Machine data analytics, often thought of as part of the evolving “big data” story, allows not only data patterns but a much higher order of intelligence to emerge from large collections of ordinary machine and device data. The implications of mining and analyzing machine data are immense; this is where the real core value creation opportunity lies within the Internet of Things.
Today, significantly better tools are required to organize and integrate the huge volumes of sensor and equipment data for analysis; the conventional tools available for professionals within the IoT or the operational technology (OT) arena still fall far short of real world needs.
Before delving into the new thinking that makes this story possible, let’s talk about why it’s necessary at all. IT professionals talk these days about the need for ever-evolving information services that can be made available anywhere, anytime, for any kind of information, yet the IT community rarely has the experience and background to architect and integrate real world physical systems. In the course of the last two decades, the world has become so dependent upon the existing ways computing is organized that most people, inside IT and out, cannot bring themselves to think about it with any critical detachment.
With each additional layer of engineering and administration based on historical IT design principles, computing systems come closer and closer to resembling a fantastically jury-rigged Rube Goldberg contraption with development and maintenance costs that inhibit the growth of IoT applications. The reason is simple. Today’s computing systems were not really designed for a world driven by pervasive and diverse information flow and interaction.
It has become evident that the larger software, data and BI players are not likely to become the defacto leaders in Smart Systems and IoT analytics. While the “traditional,” players may have what appears to be a head start they are just not accustomed to the unique characteristics and requirements of physical sensor and machine-based applications within the IoT arena. A growing number of relatively young companies are introducing products that have been purposely designed for IoT analytics. This paper is about an important new IoT data analytics platform and application offering from SkyFoundry.
The SkyFoundry team of innovators understand that
conventional IT and business intelligence tools we are working with
today to discover, manage and analyze machine data were not designed to
really address operational technology (OT as opposed to IT)
applications and challenges. SkyFoundry’s SkySpark platform has been
designed to provide an end-to-end software architecture that matches
the often unruly IoT world and efficiently provides business insight
for organizations by aggregating, mining and analyzing data generated
from sensors, equipment, machines and products, wherever those devices
and their data may be located.
SkyFoundry’s approach is not about leveraging aging IT technology into a new application context; it’s about looking forward to a single, unified platform for device data interactions which liberates information and value creation by abandoning traditional relational database and client-server computing models. SkyFoundry’s approach provides a single unified platform for data aggregation, management, search, discovery, analysis and prediction across diverse machine data types. The result is a truly new approach to data analytics that provides a complete picture of the myriad of interactions and states that machines evolve through.
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