A new report by ABI Research confirms the growing role of Big Data in machine-to-machine (M2M) communications and the Internet of Things (IoT), with the analysis firm forecasting that integrating, storing, analyzing, and presenting IoT data will reach $5.7 billion in 2015.
The firm says that in the next 5 years, the market will expand to such an extent that in 2020 it is estimated to account for nearly one-third of all big data and analytics revenues.
“About 60% of this year’s revenues come from three key areas: energy management, security management, as well as monitoring and status applications,” Aapo Markkanen, principal analyst at ABI Research, said in a statement. “Within these segments, we can generally find analytic applications that reduce the cost base of asset-intensive operations (condition-based maintenance), automate routine workflows (surveillance), or even enable new business models (usage-based insurance). “
Aeris offers solutions in all of these markets and is laser-focused on Big Data for its M2M/IoT solutions.
The AerPort M2M device monitoring and management portal relies Big Data analytics to provide a rich information window into the status of an M2M deployment. With real time reporting of usage and costs, flexibly grouped in ways that fit the customer’s business, AerPort gives customers the tools needed to have a thorough understanding of critical operational details.
Aercloud is a cloud platform for collecting, managing and analyzing sensor data for IoT and M2M applications. AerCloud leverages analytics to enable applications to seamlessly scale up to millions of devices while ensuring bullet-proof reliability.