Industrial Internet Application Development

Predictive analytics - understanding the future failure modes of the device

Predictive analytics has its roots in the ability to predict what might happen based on analysis of the sensor data, typically using machine learning algorithms, given a training dataset. These analytics are about understanding the future based on past data models. Predictive analytics typically provides the user with actionable insights based on past data. In IoT applications, these types of analytics can generate actionable alerts or advisories or KPI.

Predictive analytics, using machine learning, is, at its root, the basic practice of using algorithms to parse data, learn from it, and then make a determination or prediction about something in the future. So, rather ...