The analytical systems introduced help to detect anomalies, predict equipment failures and recommend the best form of performance.

The Internet of Things (IoT) allows you to collect a lot of data, but the companies that are deploying it are not seeing enough return on investment.

Oracle has introduced new features designed to help organizations gain more value from all the sensors and IoT devices they have deployed.

“Millions of devices are connected to the IoT, but only a very small amount of the data are being used today ,  said Bhagat Nainani, vice president of Oracle’s IoT group.

The latest services in the cloud of Oracle are destined to solve this deficiency. Oracle IoT Cloud now incorporates artificial intelligence and auto-learning capabilities to give customers greater visibility into IoT operations.

The analytical systems introduced help to detect anomalies, predict equipment failures and recommend the best form of performance. Oracle has also announced several industry applications, such as Digital Field Service, with intelligent remote monitoring and fault prediction. This system also makes use of augmented reality to help guide the technicians in repairing the equipment.

Another system, Digital Fleet Management, offers real-time tracking of shipments, risk management and logistics synchronization.

Oracle’s IoT cloud is a Software-as-a-Service (SaaS) platform that integrates with other enterprise systems . Earlier this year, Oracle announced four IoT applications: IoT Asset Monitoring Cloud, IoT Connected Worker Cloud, IoT Fleet Monitoring Cloud and IoT Production Monitoring Cloud. The manufacturer has just begun delivering Connected Worker, which tracks employees in the field of safety and compliance initiatives.