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What is Big Data Analytics in IIoT about?

Big data analytics is the process of analyzing large amounts of data from various sources to discover patterns and insights that can help companies make better business decisions. It uses technologies like business intelligence tools to analyze structured and unstructured data. There are four main types of analytics - descriptive (details reports and visualizations), diagnostic (understand why problems occur), predictive (predict trends using machine learning), and prescriptive (provide solutions using AI).

Author

Manikannan Govindasamy

Language

EN