TECH SUPPLIER Jul 2020 - Market Perspective - Doc # AP45984120
Business Models for the Long-Term Storage of Internet of Things Use Case Data
By: Abhishek MukherjeeSenior Market Analyst, Digital Engineering, Operational Technology, & IoT Services, Bill RojasAdjunct Research Director, IDC Asia/Pacific, Hugh UjhazyVice President, IoT and Telecommunications
Based on the cost, the level of security, and the type of data and access policy (depending on the application area/use case), a suitable storage model for the data generated from connected devices is to be designed and deployed.
"Although IoT is becoming an acceptable term across various application areas, managing and archiving data generated from connected devices are critical success factors for industries," says Abhishek Mukherjee, senior market analyst, IDC Asia/Pacific (excluding Japan) (APEJ) Telecommunications and IoT. "Based on this, the criticality of data to the application/use case, the redundancy and granularity of information generated from connected devices, and the decision toward levels of compression and timelines for storage are decided and implemented based on the security and governance policies around the storage as well," he adds.
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