Analytics can be applied for different purposes and using different techniques. They are generally separated into three different families: descriptive, predictive, and prognostic. These are ordered from the simplest to the most advanced.
The different classes of analytics
Descriptive analytics
Descriptive analytics are the most basic class of analytics. They analyze past data to try and provide a broad view of the fleet. In other words, descriptive analytics tries to answer the question What happened? These analytics use data mining, aggregation, or visual intelligence techniques to understand the status of the assets. In the I-IoT, the most common technique used for descriptive analytics is KPI monitoring.
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