This post is a contribution from Cheryl Wiebe, Partner of Advanced Analytics at Teradata West Region.
If you follow Gartner, Forrester and other industry analysts, you’re probably a reader of Gartner’s ‘Hype Cycles’ and Forrester’s ‘Waves’. According to Gartner, IoT is at the top of the Hype Cycle, and is forecast to deliver economic value of £1.2 trillion by 2020 ($1.7 trillion USD, for those of you who like to cover all the currency bases). Thus it should be obvious to all of us that the Internet of Things has taken the place of Big Data in the Hype Cycle.
I’d like to go further, using a