I assume arg_max() can help you here
let iotdata = datatable(location:string, sensorName: string, value: real, timestamp:datetime)
[
"Warehouse1", "Temperature", 19.1,"2022-09-17 08:01:32",
"Warehouse1", "Temperature", 19.3,"2022-09-17 08:20:32",
"Warehouse1", "Temperature", 19.5,"2022-09-17 08:28:32",
"Warehouse1", "Temperature", 19.7,"2022-09-17 08:45:32",
"Warehouse1", "Temperature", 20.2,"2022-09-17 09:01:25",
"Warehouse1", "Temperature", 20.2,"2022-09-17 09:15:32",
"Warehouse1", "Temperature", 20.3,"2022-09-17 09:20:17",
"Warehouse1", "Temperature", 20.4,"2022-09-17 09:22:12",
"Warehouse1", "Temperature", 20.7,"2022-09-17 09:45:32",
"Warehouse1", "Temperature", 20.6,"2022-09-17 09:46:32",
"Warehouse1", "Temperature", 20.7,"2022-09-17 09:57:32",
"Warehouse1", "Temperature", 21.1,"2022-09-17 10:01:32",
"Warehouse1", "Temperature", 21.2,"2022-09-17 10:10:32",
"Warehouse1", "Humidity", 60,"2022-09-17 08:01:34",
"Warehouse1", "Humidity", 59,"2022-09-17 08:20:34",
"Warehouse1", "Humidity", 59,"2022-09-17 08:28:34",
"Warehouse1", "Humidity", 58,"2022-09-17 08:45:34",
"Warehouse1", "Humidity", 58,"2022-09-17 09:01:27",
"Warehouse1", "Humidity", 57,"2022-09-17 09:15:34",
"Warehouse1", "Humidity", 57,"2022-09-17 09:20:19",
"Warehouse1", "Humidity", 56,"2022-09-17 09:22:14",
"Warehouse1", "Humidity", 55,"2022-09-17 09:45:34",
"Warehouse1", "Humidity", 54,"2022-09-17 09:46:34",
"Warehouse1", "Humidity", 53,"2022-09-17 09:57:34",
"Warehouse1", "Humidity", 52,"2022-09-17 10:01:34",
"Warehouse1", "Humidity", 51,"2022-09-17 10:10:34",
"Warehouse1", "Button", 0,"2022-09-17 7:10:34",
"Warehouse1", "Button", 1,"2022-09-17 9:00:01",
"Warehouse1", "Button", 0,"2022-09-17 9:00:03",
"Warehouse1", "Button", 1,"2022-09-17 10:00:01",
"Warehouse2", "Temperature", 19.0,"2022-09-17 08:00:32",
"Warehouse2", "Temperature", 19.1,"2022-09-17 08:19:32",
"Warehouse2", "Temperature", 19.2,"2022-09-17 08:27:32",
"Warehouse2", "Temperature", 19.5,"2022-09-17 08:46:32",
"Warehouse2", "Temperature", 20.0,"2022-09-17 09:05:25",
"Warehouse2", "Temperature", 20.1,"2022-09-17 09:13:32",
"Warehouse2", "Temperature", 20.2,"2022-09-17 09:21:17",
"Warehouse2", "Temperature", 20.3,"2022-09-17 09:23:12",
"Warehouse2", "Temperature", 20.4,"2022-09-17 09:46:32",
"Warehouse2", "Temperature", 20.5,"2022-09-17 09:47:32",
"Warehouse2", "Temperature", 20.5,"2022-09-17 09:58:32",
"Warehouse2", "Temperature", 20.8,"2022-09-17 10:02:32",
"Warehouse2", "Temperature", 21.2,"2022-09-17 10:11:32",
"Warehouse2", "Humidity", 61,"2022-09-17 08:01:34",
"Warehouse2", "Humidity", 59,"2022-09-17 08:20:34",
"Warehouse2", "Humidity", 58,"2022-09-17 08:28:34",
"Warehouse2", "Humidity", 59,"2022-09-17 08:45:34",
"Warehouse2", "Humidity", 58,"2022-09-17 09:01:27",
"Warehouse2", "Humidity", 57,"2022-09-17 09:15:34",
"Warehouse2", "Humidity", 56,"2022-09-17 09:20:19",
"Warehouse2", "Humidity", 56,"2022-09-17 09:22:14",
"Warehouse2", "Humidity", 54,"2022-09-17 09:45:34",
"Warehouse2", "Humidity", 53,"2022-09-17 09:46:34",
"Warehouse2", "Humidity", 52,"2022-09-17 09:57:34",
"Warehouse2", "Humidity", 51,"2022-09-17 10:01:34",
"Warehouse2", "Humidity", 50,"2022-09-17 10:10:34",
"Warehouse2", "Button", 0,"2022-09-17 7:10:34",
"Warehouse2", "Button", 1,"2022-09-17 9:00:02",
"Warehouse2", "Button", 0,"2022-09-17 9:00:03",
"Warehouse2", "Button", 1,"2022-09-17 10:00:01",
];
iotdata
| summarize arg_max(timestamp, location, sensorName, value) by location, sensorName