Chapter 1. Understanding the Big Data World

The intelligent TIR infrastructure—the Internet of Things—will connect everyone and everything in a seamless network. People, machines, natural resources, production lines, logistics networks, consumption habits, recycling flows, and virtually every other aspect of economic and social life will be connected via sensors and software to the TIR platform, continually feeding Big Data to every node—businesses, homes, vehicles, etc.—moment to moment in real time. The Big Data, in turn, will be analyzed with advanced analytics, transformed into predictive algorithms, and programmed into automated systems, to improve thermodynamic efficiencies, dramatically increase productivity, and reduce the marginal cost ...

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