The arrival of the Internet of Things (IoT) brings new connections and remarkable potential to the equipment people use on a daily basis. Sharing this data also provides businesses with opportunities to gain insights into how people work and live, improving their products and services accordingly. As the IoT continues to grow, job openings are also emerging for professionals with expertise in gathering and analyzing data.
Organizations striving to take full advantage of IoT systems need highly trained individuals who are skilled in using big data to find business opportunities. Earning a master’s in data analytics readies graduates to find a career working with the technology currently shaping how organizations function. The first step toward that future lies in understanding the way the IoT is transforming operations and the insights that extensive quantitative analysis can offer.
Big data and the Internet of Things
The IoT has become a crucial part of everyday operations for organizations. Devices that constantly exchange information offer advantages in areas from manufacturing to consumer goods. These updates allow logistics to run more efficiently, factory machines to inform workers of required maintenance, or a home security system to react to possible dangers.
The convenience and foresight possible with these connected items are derived from the way they collect and exchange information, speedily making adjustments and sending alerts. Devices are equipped with sensors that collect relevant information and then stream the latest developments through the internet, either in real time or periodic batches. A central system organizes the findings and runs them through models and algorithms to identify meaningful patterns and trigger useful responses.
Each event can be recorded, with information retained using the massive capacity of cloud storage. Analytics experts can then dig into the findings and discover how to optimize processes and make the devices more responsive. Discovering insights from IoT-connected devices allows organizations to strategize more effectively for the long term and scale for growth.
How the IoT is creating job opportunities
For people with advanced skills in gathering, interpreting and applying data, the IoT unlocks numerous employment possibilities. There is a wide range of jobs devoted to keeping these systems functioning at their peak and helping companies make the most of what they learn.
Ensuring the various parts of an IoT are working together correctly and communicating vital information to users calls for advanced software solutions. Software developers may be charged with creating and updating applications that are tailored to an enterprise’s needs for connected devices. These professionals are in demand at companies, with the Bureau of Labor Statistics projecting a 17 percent increase in available positions through 2024.
Connecting large numbers of devices comes with risks for a company’s data. That’s why information-security analysts are important to businesses adopting IoT-based operations. Cybersecurity experts establish policies and conduct training to protect the business from hackers who might gain access to sensitive data.
Computer-systems engineers may have the most indispensable part to play in implementing and maintaining IoT solutions. For a connected device to fulfill its purpose, it must be incorporated into a system designed for maximum efficiency, safety and reliability. Engineers construct the technological infrastructure to keep IoT devices on track, whether they are regulating temperature in a home or monitoring the electric grid.
The skills IoT-powered companies need
Capturing the possibilities presented by the IoT requires professionals with deep expertise in analytics and business. Connected devices rely on quality data collection through well-constructed systems, and can reveal how an enterprise is functioning and where it has prospects for improved processes.
As more organizations embrace the IoT, they will need leaders who grasp systems engineering, security, programming and business operations. Experts with a master’s in analytics are positioned to take advantage of connected devices, setting organizations on a path toward agile strategy, streamlined logistics and successful expansion.
Villanova School of Business offers students the education they need to make quantitative information a powerful force within their companies. Courses in business analytics, programming, structured data analysis and optimization give them the technical skills in demand at organizations that are making an investment in the Internet of Things. Visit the program page to learn more and find out how you can apply.