Big Data: The Coming Sensor Data Driven Productivity Revolution

When it comes to Big Data, we often think of user (human) generated social media data. But sensor (machine) generated data is a much bigger story as sensor data will drive the next wave of productivity growth and innovation. Consider this for example, “Boeing jet engines can produce 10 terabytes of operational information for every 30 minutes they turn. A four engine jumbo jet can create 640 terabytes of data on just one Atlantic crossing, multiply that by the more than 25,000 flights flown each day” (Source: Information Management). Almost all of this data is lost on completion of the flight, but this is about to change.

Thanks to Big Data tools and technology, we can identify, store, retrieve and analyze this data in a cost effective and timely manner. Think about the possibilities this opens up in the area of preventive maintenance and fault prevention – resulting in reduced flight delays and cancellations because of technical issues with the plane. And given the cost effectiveness of Big Data tools and technology, vast amount of sensor data can be analyzed in almost real time in a wide array of fields, not just in aircraft maintenance.

Smart electric meters are another good example of sensors generating vast amount of data that can be used to drive productivity. Because of smart meters, electricity providers can read the meter once every 15 minutes rather than once a month. This not only eliminates the need to send some one for meter reading, but as the meter is read once every fifteen minutes, electricity can be priced differently for peak and off-peak hours. Pricing can be used to shape the demand curve during peak hours, eliminating the need for creating additional generating capacity just to meet peak demand, saving electricity providers millions of dollars worth of investment in generating capacity and plant maintenance costs.

These are just two examples. Now imagine the possibilities of what can be done with a vast array of sensor data that is analyzed and used in industrial/business processes in real-time. In my opinion, we are on the cusp of a major sensor data driven productivity revolution that will fundamentally change the way we do business, for the better!

 

 

 

 

  • Harish Kotadia

    Interesting use cases from a diverse set. If one extrapolates (non-linearly,given accelerating uses/benefits and decreasing sensor costs), one could envision the emergence of an “electronic epidermis” monitoring human activity, and the planet, eventually.
    Interesting use cases from a diverse set. If one extrapolates (non-linearly,given accelerating uses/benefits and decreasing sensor costs), one could envision the emergence of an “electronic epidermis” monitoring human activity, and the planet, eventually.

  • About Dr. Harish Kotadia


    That's me with photo gear,  taking snaps of Texas wild flowers. #texas

  • Dr. Harish Kotadia

  • Dr. Harish Kotadia is an industry recognized thought leader on Big Data and Analytics with more than fifteen years' experience as a hands-on Big Data, Analytics and BI Program/Project Manager implementing Enterprise Solutions for Fortune 500 clients in the US.

    He also has five years' work experience as a Research Executive in Marketing Research and Consulting industry working for leading MR organizations such as Gallup.

    Dr. Harish Kotadia's educational qualification includes Ph.D. in Marketing Management. Subject of his doctoral thesis was Customer Satisfaction and it involved building a statistical model for predicting satisfaction of clients with services of their ad agency.

    His educational qualification also includes M.B.A. and B.B.A. with specialization in Marketing Management and Diploma in Computer Applications.

    Dr. Harish Kotadia currently works as Principal Data Scientist and Client Partner, Big Data and Analytics at a Global Consulting Company. Views and opinion expressed in this blog are his own.



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