IoT related revenue is expected to grow significantly from $130 billion in 2015 to $883 billion by 2022, representing a compound annual growth rate of 32.4% according to a market analysis. Future trends in big data and analytics include generating data from machines and sensors, processing vast amounts of structured and unstructured data from various sources using techniques like machine learning, and applying insights to improve business outcomes. Open source platforms are commonly used to ingest, store, analyze and act on big data in solutions that address tasks such as predictive maintenance, fraud detection, and customer experience optimization.