How IoT and AI are driving analytics innovation

How IoT and AI are driving analytics innovation

How IoT and AI are driving analytics innovation

As we’ve reported previously, the Internet of Things is changing data science, and a visiting executive from analytics company SAS went into further detail into how IoT along with artificial intelligence is reshaping the industry.

Oliver Schabenberger is the executive VP of SAS’s research and development division and recently appointed CTO, and was recently in Sydney to discuss updates to the new SAS Viya analytics platform and to share his thoughts on the future of the analytics industry.

He said that IoT has led to the increasing importance of edge analytics, with data now being observed on a continuum, requiring differing techniques to be deployed depending on observation point, accuracy and speed of data movement.

“We can no longer just think about processing data in the cloud; we also have to think about event stream processing,” he added.

He also said that analytics software is quickly transitioning into the cognitive space, where sensing, listening and gesturing will become common forms of input, and reading and writing of human-like responses will become common forms of output.

Read Also:
Why CEOs must lead big data initiatives

“Now we expect things to adapt, to learn, to be ubiquitous, to be situationally aware, and be historically aware,” he said.

“We’re replacing processes that are very deterministic and rule-based with automated, self-learning processes.”

Schabenberger said that traditional statistical modelling, where humans would select a model they believe would best fit the data collected, will be replaced by data-driven machine learning.

However, he believes that there are two types of machine learning, classical and modern.

 



Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
Internet of Things: Connecting the Digital to the Physical World

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
12 Drivers of BigData Analytics

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
9 Questions Data Center CEOs Must Ask about Revenue Generation
Read Also:
How Relevant is Data Analytics to Businesses Today?

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
12 Drivers of BigData Analytics

AI Paris

6
Jun
2017
AI Paris

20% off with code AIP17-7WDATA-20

Read Also:
Why CEOs must lead big data initiatives

Leave a Reply

Your email address will not be published. Required fields are marked *