When we talk about IoT, Bigdata or Machine learning the three different things being indifferent. These three are playing the most exciting role in Business Technology since past few years. They are like the graphical depiction that is arising with every new technology and people often had been flustered or overlapped their uses for different purposes.
These three processes or system are bringing drastic changes in our business too, let me make a clear point about their difference and what role they play in our business technology.
IoT is the interconnection between two devices. It allows devices to work as per need for human input.
To frame it properly in the picture of understanding, IoT allows your refrigerator to interact with a can of coke inside it. Without any kind of intervention from a human, the refrigerator will be able to see when the expiration date of the coke is, then once it is past that date, it will automatically inform to the user and order a new coke.
Big data is a term that describes the large volume of data both structured and unstructured. Big data can be analyzed for insights that lead to better decisions and strategic business moves.
It also means the organization can collect data on almost everything in huge quantities. Big data is the act of collecting and storing this data.
Machine learning is the science of getting computers to act without being explicitly programmed. In the past decade, machine learning has given us self-driving cars, practical speech recognition, effective web search, and a vastly improved understanding of the human genome.
As for now, IoT is small which is going to be very huge in comparison with today as it is vastly growing. Big data is already a collection of huge data which is been analyzed and stored, whereas Machine learning is similar to IoT that is growing rapidly.
Devices that will be connected to the Internet of Things is going to create a huge amount of data which would be needed to store and analyze and this is where Big data is going to play its role after that Machine learning can use this large amount of data improve the process and efficiency of systems. These things are again been processed back to devices connected with IoT and the process starts again.
Each part has its own unique qualities and importance, this how these three things are been so interconnected to each other that they are gonna be the next business era. We can them same thing at a time and not as well in the other because a time they are required together but at some time not as depends on the specific purpose.