Assessing the analytics applications

While the APM applications may include the analytics framework, the architects would have to assess how this ties to the analytics application needs for the rest of the Industrial Internet and enterprise applications. The main categories of the analytics capabilities are as follows:

• Descriptive
• Diagnostic
• Predictive and
• Prescriptive

The following is an illustration of the categories of the analytics framework: 

Source: http://blog.lnsresearch.com/understanding-big-data-analytics-in-manufacturing-comparing-splunk-seeq-sight-machine-monday-musings

Next, we will look at the details of the different kinds of analytics capabilities that are needed in conjunction with the APM to unlock its full business potential. Let's start with descriptive analytics.

Descriptive analytics

When the asset data is plotted as a line chart or bar chart, it is a simple representation of the description of the event. The accompanying figure shows the variation in the temperature of air...