New Analytics Approaches for the Industrial Internet at the ARC Forum

​At ARC's Forum in Orlando next week I'll be moderating a session on new analytics approaches for the Industrial Internet of Things (IIoT).  I'm anticipating a warm reception from conference attendees – interest in IIoT analytics is decidedly warm, and it can only get hotter.  Many of the conventional business intelligence (BI) and analytics practices won't work for IIoT data for one reason:  Latency. 

Conventional BI has delays baked in between the generation of raw data and the presentation of management information.  For example, it may take some time for all data to be recorded in transactional systems.  Then, there is typically a lengthy delay while transactions are batched and then shuffled off to a data warehouse.  That won't work for the Industrial Internet of Things.  So much data will be generated so fast.  And the value of that data will be increasingly front-loaded, towards the infancy of its lifespan.

During the forum session, we'll discuss ways to take latency out of that process.  For example, analytics can be inserted further forward in the data lifecycle, much closer to the generation of the data.  One of our speakers, Adam South, will present how Kennametal has been able to do that using a complex event processing (CEP) solution from System Insights.  Often, current approaches to improving productivity focus on reducing downtime.  Kennametal took a different path – decreasing the cycle time to increase overall capacity.  If you'd like to learn more, it's not too late to register for the ARC forum in Orlando next week.