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Managing IoT Data with Event Stream Processing: Technology Review

   

Added on  2023-06-05

8 Pages2425 Words198 Views
Data Science and Big Data
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Big Data Basics
INFS 5095
2018
Student's Assignment Guide
Assignment 1 – Technology Review
(Internal and External/Online)
Technology Review for managing
or exploiting IoT Data
[Your Name]
[Date]
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Managing IoT Data with Event Stream Processing: Technology Review_1

Contents
Introduction...........................................................................................................................................3
About Internet of Things (IoT) Data.......................................................................................................3
About Event stream Processing.............................................................................................................4
Benefits of Using Event Stream Processing with IoT Data.....................................................................5
Limitations to Using Event Stream Processing with IoT Data................................................................6
Using Event Stream Processing with IoT Data.......................................................................................6
References.............................................................................................................................................8
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Managing IoT Data with Event Stream Processing: Technology Review_2

Introduction
Nowadays, organizations have access to and deal with large volume of data (Wu et al. 2014).
The organizations have realized that to become successful and in order to maximalise the advantage,
they need to harness data and utilize it for identification of new opportunities. The report discusses
the importance of big data and its utility in bringing about changes in organisation (George , Haas
and Pentland 2014). The use of Big Data analytics have many advantages in an organisation that
includes cost reduction of the company, faster and better decision making and creation of new
products and services .The report discusses about Internet about things(IoT) data and its
importance (Gubbi et al. 2013) . The report identifies a technology, Event Stream Processing and
discusses its benefits of using with IoT data in depth. The paper also shed light on the limitations of
using Event Stream Processing technology using IoT data. The paper also detail about the usefulness
of this technology in organization providing an in-depth analysis of this technology.
About Internet of Things (IoT) Data
IoT is an acronym for Internet of Things. By Internet of Things, it relates to the ever-
increasing network of all the physical objects that has IP address for connectivity of internet and it
relates to the communication that takes place among these entities and various other devices and
system that are internet-enabled (Lee and Lee 2015). The Internet of Things expands the internet
connectivity beyond the conventional devices, which are usually used like smart phones, tablets,
desktop computers and laptop to varying range of devices, and daily used things that make use of
embedded technology to make communication and interaction with the external environment all
through the help of internet. The components of Internet of Things (IoT) are smart device, sensors,
gateway, cloud, analytics and user interface.
Internets of Things (IoT) are revolutionizing products, it is considered as the major frontier
that can improve our lives in many aspects. The devices that were not earlier been able to connect
and networked now can be connected with the help of IoT. Thus, IoT is all set to bring about a
transformation to the world completely. It is estimated that by 2020 almost Fifty million devices
would be connected to the internet (Singh, Tripathi and Jara 2014).
Figure 1: Future of Internet of things
(Source : Singh, Tripathi and Jara 2014)
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Managing IoT Data with Event Stream Processing: Technology Review_3

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