Mathworks case example

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1© 2015 The MathWorks, Inc.

R&D for an IoT Product:Analysis vs. Analytics

Rob Purser

Manager of Hardware Integration

MATLAB Products

2

Internet of ThingsCase Study

Communication Connectivity

3

Mapping to theInternet of Things

4

What Data Analytics is NOT ?

“It would appear, Hopkins, that your gut feel was only indigestion”

5

Data Analytics

Business critical

What Data Analytics is

Data Analytics uses data to drive decision making It enables organizations to derive insights, drive business actions,

and therefore produce better business outcomes.

Analytics Maturity

Level of Sophistication

Prescriptive

Predictive

Diagnostic

Descriptive

What should happen?

What will happen?

Why did it happen?

What happened?C

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pe

titi

ve

Ad

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nta

ge

Data Analysis

Ad Hoc

Lisa Kart, Gartner – Advance Analytics

6

Analytic Investment Drives ROI

Collect

HistoricalAnalysis

OnlineAnalytics

ROI

7

Iterative Workflow Developing IoT Systems

8

Takeaways

Analytics drive ROI on Internet of Things systems Analytic development is an iterative process You won’t know in advance everything to analyze At the start, have a few questions you want answered Take a little more data than you think you’ll need