The Internet of Things has been noticed as a shape-changing technology that has changed the shape and working process of everything it has touched, either businesses or our daily lives. It has changed the outlook of every individual living a mediocre life into a smart device-connected life.
IoT connected devices produce tremendous amounts of data wirelessly over the network without any human interference, which is proved to be best for organizations trying to offer the best services to their clients. The only challenge is that IoT generates immense data for traditional data science.
Data Science and How It Applies to IoT
We can simply define data science as a study of processes that assists in extracting value from data. In the IoT system, data is referred to information produced by sensors, devices, applications, and other smart gadgets. Meanwhile, value means predicting future trends and outcomes based on the data.
For instance, suppose you are using a fitness tracker that calculates the number of daily steps. Using this information, data science can predict that:
- Amount of calories burnt by you
- How many kgs do you lose
- When is the possible best time for your workout
This is a simple example of how data science works. Internet of Things is different as it produces high-volume data.
As per the reports, the amount of data to be produced by IoT by 2025 is around 73.1 zettabytes. This will cause trouble for standard data science as it cannot handle it, so it will have to update. Thus, IoT will help data science to go to the next level.
What are the Differences Between Traditional and Data Science for IoT?
There are only a few differences between traditional and IoT-based data science, so here we will check a few critical distinctions.
Data Science for IoT Is Dynamic:
The traditional version of data science is static as it is primarily based on historical information. For example, a company collects data from its clients about their choices and needs. The historical data becomes a base for predictive models that assist the company in understanding its future customers.
On the other hand, IoT changes the dynamic of data analysis as it is all about real-time sensor readings from smart devices. The gathered information permits data science consultants to create highly precise evaluations instantly.
In this case, customer data changes and updates- a feature that is not available in traditional data science. Data science for IoT allows continuous learning, changes with time, and improves operational processes simultaneously.
IoT Drives Larger Data Volumes:
Data science is developing with IoT because of its immense data processing. Here we are not discussing megabytes or gigabytes of data but data science for IoT deals with a massive amount of data that often reach zettabytes.
Better Predictive Analytics Method:
Data science for the Internet of Things is dynamic and wider than the traditional one. Additionally, it also makes a better predictive analytics method.
Thus, data science assists businesses in a great way; using it, businesses can develop better solutions that can diminish operational costs and acquire business growth.
IoT can improve this further through its real-time capabilities. IoT helps make decisions more accurate, assisting companies in identifying new opportunities and improving sales and customer experience while optimizing performance.
The Challenges faced by IoT Data Science:
We all know that data science for IoT holds vast potential, but it comes with challenges. Four major risks have to be overcome before it becomes mainstream.
Data Management and Security:
IoT produces a tremendous amount of data, which also implies that there are high chances of hacking or leaking private information. For example, Suppose hackers hijack the connection between the fitness tracker and doctor’s office app; they can easily access sensitive health records. Thus, it is pretty clear that privacy problems are the major issues with IoT data science.
For instance, many companies often face backlashes for releasing customers’ sensitive information without their consent.
Scaling Problems:
IoT data science is also important, but users often struggle to scale it up to fulfill their demands. When an organization plans to integrate an IoT system or add new sensors to its existing software solutions, it faces some issues and challenges.
Therefore, it is important to prepare for scaling projects in advance. Businesses must set up everything from software to personnel to scale data science processes successfully.
Data Analytics Skills:
Data science for IoT is extensively helpful, but classical data science consultant holds good dominance in the market as IoT analytics is still not very much embraced.
However, this could change soon as more companies adopt IoT technology. IoT scientists will have to add new skills and understand the oddities of the deployment process. For this purpose, they’ll have to learn about the following:
- Edge Computing: It is defined as the practice of processing data close to the source to improve performance and reduce network congestion.
- Computer-Aided Design: It is essential to know the logic behind the physical design of a smart device.
- IoT Computing Frameworks: Data scientists must also employ open-source learning tools to grasp IoT hardware.
Operating Costs:
Another major problem with data science for IoT is the huge cost required to introduce new technology. This is the case for most companies willing to join this latest technology on a larger scale but is restricted by budget.
The Bottom Line:
We can conclude that data science for IoT brings a major upgrade to traditional data analytics. It requires efforts and dedication to make data science more robust, powerful, and accurate. IoT can make it possible through data generation abilities. The interconnected devices over the internet constantly communicate to offer businesses a huge amount of user-related data. This allows data scientists to draw relevant conclusions from their databases.
However, the process of deploying data science for IoT is not an easy task, but the benefits it provides negate every challenge. So, we can expect data science for IoT to be a part of the future at a great scale.