The goal with edge analytics within Internet of Things (IoT) industry

The goal with edge analytics is to make better use of captured data to reduce critical issues in real-time and to improve predictive and prescriptive analytics models in the cloud. 

For those who are unfamiliar, in the early days of IoT, the focus was on the connectivity of the devices rather than their intelligence. Now, with edge analytics, organizations have access to a more granular degree of insight-generating data, which facilitates a system-level approach to improve operations and create new services. 

Analytics produced at the edge, and in the cloud, offer value across the enterprise, as well as the supply chain, from product operations to OEM suppliers to R&D.