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Unlocking the Value of Big Data in
Big Data doesn’t just help promote smart building adoption; Big Data itself also represents a huge growth opportunity within the smart building space.
solutions and innovations are kick starting a smart building
revolution; advances in lighting control, physical security, building
management systems and the Internet of Things (IoT), among others. Each
has created a multitude of control benefits and sensory opportunities,
but that has also produced masses of unstructured data that demands a
new style of data management – Big Data.
Memoori’s new report entitled Big Data for Smart Buildings: Market Prospects 2015 to 2020 explores the role of Big Data within the increasing smart building adoption. Interviewing leading BAS manufacturers, technology firms, software providers, middleware companies, consultants and end users of building systems; the report identifies the improved business case for smart buildings with the addition of Big Data systems.
Big Data describes
a set of complex data that is difficult to process
using traditional database management tools. The processing includes
capturing, storing, searching, sharing, transferring, analysing and
visualisation. The fundamental advantage of current Big Data
architectures is the ability to process unstructured data.
Traditional database tools required structured datasets with relationships to process the data. However, Big Data architecture such as Hadoop allows processing of unstructured data at high speed. Hadoop allows big problems to be decomposed into smaller elements so that analysis can be done quickly and cost effectively. It is a versatile, resilient, clustered approach to managing files in Big Data environment. This architecture has been a key breakthrough in smart building data management as unstructured data is ever increasing in building technology.
Instead of relying on expensive, proprietary hardware and different systems to store and process data, Hadoop enables distributed parallel processing of huge amounts of data across inexpensive, industry-standard servers that both store and process the data, and can scale without limits. In today’s hyper-connected world where more and more data is being created every day, Hadoop’s breakthrough advantages mean that businesses and organisations can now find value in data that was recently considered useless.
Big Data doesn’t just help promote smart building
adoption; Big Data
itself also represents a huge growth opportunity within the smart
building space. Memoori’s report estimates that the market for Big
and Cloud Based Software and Services in Smart Buildings will grow from
$9.17 Billion in 2015, at a rate of 33.2% CAGR to nearly $30 Billion by
During the next
five years, and beyond, the smart building industry is
expected to scramble for Big Data solutions to their rapidly growing
data processing demands. The power of Big Data will then create a data
driven innovation revolution within the smart building space,
constructing data relationships and revealing new statistics beyond the
bounds of human imagination. No doubt reshaping our imaginations to the
new possibilities created by Big Data processing. Smart
future is bright and data rich.
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