Traditional supply chains face challenges at every step. Deliveries are vulnerable to delays, theft and spoilage, and issues are not always apparent until goods arrive at their destination (or fail to). With entire shipments routinely at stake, the logistics industry has long needed a smart, modern solution.
The Internet of Things (IoT) will impact virtually all industries but none more so than manufacturing. In fact, IoT—with its potential to transform traditionally linear systems into dynamic and interconnected ones—may be the biggest driver of change in factories and other facilities.
Smart, connected devices have already had a huge affect on people, culture and the workplace. However, we haven't even begun to see the disruptive potential of IoT innovation.
Can we change our corporate cultures and the ways we train and reward our people as rapidly as new technology is changing the work we do, the products we make and how we engage with customers?
Internet of Things (IoT) technology holds incredible promise for transforming the enterprise, but one of the biggest hurdles for companies implementing IoT will be extracting insight from the incredible volumes of fast-moving data these systems produce and integrating that resulting intelligence into business processes in real time.