Ergodicity is one of the most important concepts in statistics. More importantly, it has a lot of real world applications. In this case, it's applicable to the staggering number of internet connected devices in the world of Internet of Things (IoT). Most of the experiments conducted by research labs, businesses, and marketing agencies often rely on … Continue reading Ergodicity In The World Of IoT
Tag: IoT
Undestanding IoT Gateways
The Internet of Things (IoT) ecosystem is rapidly expanding. Some analysts predict that there will be around 50 billion connected devices by 2020. If you are new to IoT, it refers to the collective ecosystem of devices that are connected to the internet. These devices can be sensors, actuators, health monitors, meters, and so on. … Continue reading Undestanding IoT Gateways
Estimating The Predictability Of Time Series Data – Part II
In the previous blog post, we discussed various types of time series data. We understood the concepts of stationarity and shocks. In this blog post, we will continue to discuss how we can estimate the predictability of time series data. People say that future is unpredictable. But that's grossly reductive! What they actually mean to … Continue reading Estimating The Predictability Of Time Series Data – Part II
Estimating The Predictability Of Time Series Data – Part I
Time series data refers to a sequence of measurements made over time. The frequency of these measurements are usually fixed, say once every second or once every hour. We encounter time series data in a variety of scenarios in the real world. Some examples include stock market data, sensor data, speech data, and so on. … Continue reading Estimating The Predictability Of Time Series Data – Part I
Understanding The Industrial IoT Technology Stack
Internet of Things (IoT) has emerged as one of the hottest trends in the technology world. It has the potential to radically change the way we experience life. It will particularly have a huge impact on the industrial world where we have to deal with massive machines, buildings, and open fields. Industrial technologies have direct impact … Continue reading Understanding The Industrial IoT Technology Stack