Senior analyst, Aapo Markkanen, from ABI Research forecasts that the M2M analytics and big data industry will grow 53.1% over the next 5 years from US $1.9 billion in 2013 to US $14.3 billion in 2018.
The forecast includes revenue segmentation for the five components that together enable analytics to be used in M2M services:
1) Data integration
2) Data storage
3) Core analytics
4) Data presentation
5) Associated professional services
Predikto is uniquely positioned to make an impact in this transformational trend. Predikto is not a consulting company. Our solutions harness the power of Predictive Analytics to address operations challenges in asset intensive industries. We use our clients data and turn it into actionable insights to reduce asset failures, predict production yields, and improve operational performance. Our solutions enable clients to perform an action.