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Pre-internet assets lack the connectivity of newer pieces of equipment. These legacy devices, however, still have years of remaining value if they can be linked to the cloud, enabling their data to be analyzed and revealing actionable insights that could perhaps potentially transform business. Wael Elrifai, Sr. Director of Enterprise Solutions at Pentaho, offers insights on how older systems can be made to work with current ones, and talks about the human side of machine learning.
To make the most of data, it has to be transformed into information, which then has to be transformed into intelligence. As companies seek to leverage data – whether it’s internal, external, structured, or unstructured – to improve profitability or boost operational efficiency, analytics makes it possible to gain insights on business areas that were previously out of reach. Alun Jones, Data Scientist at Konecranes, talks about how organizations can best use IoT data analytics to arrive at more impactful business decisions.