A number of posts in this blog have dealt with the increasing variety and sheer number of ‘things’, be they sensors, wearables, appliances, actuators, industrial components etc. that will gain connectivity over the coming few years. There will however be no point adding connectivity to these items if they do not produce meaningful data, and in turn there will be no point collating this data unless insights are obtained that can be acted upon. This is why the ‘Internet of Things’ is invariably coupled with its close relative in the family of hyped buzzwords – Mr ‘Big Data’.
To give an example of the scale of data being produced, Cisco estimates that by 2018, connected devices will generate 400 zettabytes of data annually. (I too needed to look that up. Apparently a zettabyte is 1021 bytes or 1 billion terabytes).