Think IoT is just for workouts and home security? Wrong! If you can't compile business data from internal and external sources, your ERP system is not making the digital grade. See Why embedded intelligence makes ERP smarter for your business.
The Latest Trend to Stay Ahead
If the big names are using it, you know it's worth giving it a shot. SAP, Oracle and Microsoft are just a few of the companies that have embraced embedded intelligence and are combining the online world with the physical one in order to stay ahead. But What is IoT and how does embedded intelligence work in your ERP
system?
How the IoT Works
The Internet of Things (IoT) really is as simple as it sounds. Just like you network with other people in your industry, clients, potential clients and friends, things can now network with other things to provide data for manufacturers, service providers and end-users.
A Fitting Example
Take Fitbit for example. What started out as a glorified pedometer in a bracelet has become one of the fitness industry's leaders in wearable technology. This little device that comes in the form of a watch, bracelet or pendant does everything but move for you. It tracks the calories you need to eat and the ones you burn, measures the length of workouts, monitors your heart rate, tells you where you are With built-in
GPS and even controls your music. This information is collected, stored and shared so you can get the most out of your activities and stay in shape. So how does this calculate into your ERP system?
Getting Smart with Embedded Intelligence
Embedded intelligence works the same way. N 0, your ERP system isn't wearing a fancy wristband and running up and down the block, but it is getting a good workout by collecting data and providing it to you in real time so you can make great business decisions. Embedded intelligence uses wireless communication, microelectronics and sensor technology to integrate applications and monitor functions both inside and outside of your ERP system. This increases productivity and makes better use of all your resources.
Manufacturing a Smart Environment
For manufacturers, placing a chip in products that communicate With the ERP system accomplishes embedded intelligence simply and elegantly. The chip "talks" to the system while the product is still in the manufacturing process so that it provides data to the manufacturing execution system (MES). Combine this with other embedded intelligence sensors in manufacturing equipment and supply chain communication and you get a smart factory with more intelligent processes.
Keeping Smart Tabs
After the product leaves the factory, it generates product lifecycle management (PLM) information, which gives you powerful data about growth, maturity and decline that your business might not otherwise have access to. Information like how long a battery actually lasts, length of time a product is in use, what features are being used and what's being overlooked are no longer "best guesses" by customers on social media, but real-time
States that can help you improve your product and your strategies. Much more than sales data, MES and PLM data has become intelligent, realtime information that can take you to higher levels of success.
Using embedded intelligence allows your ERP system to stay aware of all of your business activities -unbiased and in real-time. No more need to jot down notes while you're on the run; when you jump on the IoT, your ERP is already
on top of it. Now that's a smart system.
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