Reply To: Does your FinTech business need data analytics outsourcing?
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Collecting, storing, and visualizing raw data is just the beginning of any meaningful IoT project. The economic effect is achieved by management decisions to optimize existing processes and bring new products and services to the market for end users. Technically, this is achieved by aggregating, processing and in-depth analysis of data received from devices, more details https://www.eliftech.com/insights/iot-data-management-and-analytics-for-manufacturers-eliftech/ . However, for each significant decision, these operations will be unique – optimizing harvested storage space is fundamentally different from orchestrating transactional data in smart grids or managing a forklift fleet.