Machine-learning Analytics Tools Will Be Building Block for IoT

Machine-learning analytics tools will reduce the complexity and increase the adoption of the Internet of Things (IoT), according to a new report from ABI Research. The firm estimates that revenue from machine-learning data analytics tools and services will hit nearly $20 billion by 2021 as machine-learning-as-a-service (MLaaS) models grow. What is Machine Learning? Machine learning is the study of algorithms that learn from examples of experience, according to Ryan Martin, senior analyst with ABI. “The challenge of hard-coded rules is that they don’t adapt well in real-world environments. Hard-coded rules can address some stuff but won’t hold up at scale.” Related Articles Machine learning, according to Martin, can automate a lot of processes, such as repetitive tasks. And the technology will be key to enabling analytics at the edge of…

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