Hands-On Industrial Internet of Things

Step 0 – problem statement

The first step is to always define the scope of the problem, the constraint of the problem, and the expected behavior. Then, we should align the business expectation with the technical expectation. It is a good practice during this step to define the success of our analytics. For example, you might accept 50% false positive results, or you might not want more than 2% false positive results.