Data Science service – The new intelligence of things

Each component in the Internet of Things can produce massive data points each day. Manipulating the volume, velocity and the type of data from IoT is a huge challenge, which can be processed by Data Science and Analytics.

A recent report says by 2025, every business will spend nearly 30% of the entire IoT cost on technologies and services that store, analyze, integrate and visualize IoT data, which is just double of what companies spend today.

For more information visit: http://canopusdatainsights.com/

The IoT has higher demands of data science because of the volume, velocity, and variety of the data it generates. RFID readers, sensors, and tags have become an inherent part of manufactured objects which is able to relay data to each other. A single device may stream numerous messages per second, and this data can be processed locally or over a network. Smarter ways need to be implemented over the conventional techniques to get the proper insight from the IoT data and testing algorithms need to be applied to track the process.

Currently, a lot of potentially useful data is lost which can be analyzed and processed using Data Science. Newer devices can capture this "hidden data" and expose it to analytics.

The IoT data can be used by Data Scientists in a variety of ways like:

Predicting model equipment failure rates.Streamlining inventory management.Target energy-inefficient components.Checking thresholds like if the temperature too high? and alerting the concerned person or taking the right action.Building predictive models that can drive actions such as maintenance.

An Indian Data Science Company, Canopus Data Insights is a leading provider of Data Science Products, Solutions and Services, to clients, from start-ups to large enterprises. It has expertise in generating insights from IoT data and converting it into profitable business outcomes, be it Big Data or traditional data, structured or unstructured.

About the Company:

Canopus Data Insights provides Data Science and Data Analytics services that enable customer centricity by giving insight into data, which improves productivity and increases the depth of customer engagement and predictive modeling to make big decisions. Canopus Data Insights has an extensive knowledge and experience working with many domains including Data Analytics, Machine Learning, Pattern Recognition, Statistics, Artificial Intelligence, Operations Research and Big Data.

Canopus Infosystems is an Iso 9001:2008 Certified Company that specializes in providing outsourced web & mobile development and testing services to clients worldwide.