Kx Insights: Machine learning and the value of historical data

2 Aug 2018 | , , ,

Data is being generated at a faster rate now than ever before. IDC has predicted that in 2025, there will be 163 zettabytes of data generated each year—a massive increase from the 16.1 zettabytes created in 2016. These high rates of data generation are partially an outcome of the multitude of sensors found on Internet of Things (IoT) devices, the majority of which are capable of recording data many times per second. IHS estimates that the number of IoT devices in use will increase from 15.4 billion devices in 2015 to 75.4 billion in 2025, indicating that these immense rates of data generation will continue to grow even higher in the years to come.

Top three ICT data themes at NXTAsia 2018

25 Jul 2018 | , , , ,

By Thomas Kearney  Collecting and analyzing big data in order to differentiate services in a competitive marketplace has been a common theme for many years­­­­ among Western developed nations. In recent years, emerging markets have seen double-digit growth rates from similar provision of cheaper, faster telco services and from digitizing and optimizing their delivery chain. Now,

Kx Insights: SaaS for IIoT Predictive Maintenance in the Cloud

23 Jan 2018 | , , ,

Cloud computing is increasingly becoming critical to business, especially as digital technologies like IIoT become widespread.  Gartner predicts that in the next year, the cloud-based Software as a Service (SaaS) market will grow 85%, five times faster than traditional software. For industrial companies who want to use the IIoT for predictive maintenance, cloud-based SaaS solutions offer tremendous opportunities that have the potential to disrupt the equipment maintenance world.