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Bilateral Contracts and Grants with Industry
Bibliography
Bilateral Contracts and Grants with Industry
Bibliography


Section: Research Program

Real time data analytics

The challenge of deriving insights from the Internet of Things (IoT) has been recognized as one of the most exciting and key opportunities for both academia and industry. The time value of data is crucial for many IoT-based systems requiring real-time (or near real-time) control and automation. Such systems typically collect data continuously produced by “things” (i.e., devices), and analyze them in (sub-) seconds in order to act promptly, e.g., for detecting security breaches of digital systems, for spotting malfunctions of physical assets, for recommending goods and services based on the proximity of potential clients, etc. Hence, they require to both ingest and analyze in real-time data arriving with different velocity from various IoT data streams.

Existing incremental (online or streaming) techniques for descriptive statistics (e.g., frequency distributions, frequent patterns, etc.) or predictive statistics (e.g., classification, regression) usually assume a good enough quality dataset for mining patterns or training models. However, IoT raw data produced in the wild by sensors embedded in the environment or wearable by users are prone to errors and noise. Effective and efficient algorithms are needed for detecting and repairing data impurities (for controlling data quality) as well as understanding data dynamics (for defining alerts) in real-time, for collections of IoT data streams that might be geographically distributed. Moreover, supervised deep learning and data analytics techniques are challenged by the presence of sparse ground truth data in real IoT applications. Lightweight and adaptive semi-supervised or unsupervised techniques are needed to power real-time anomaly and novelty detection in IoT data streams. The effectiveness of these techniques should be able to reach a useful level through training on a relatively small amount of (preferably unlabeled) data while they can cope distributional characteristics of data evolving over time.