Author: Holly Connor
We are entering a shift from the Internet of the people, to the Internet of things (IoT). Where we once created and consumed data solely in interconnectedness is now opening up to machines. The dawn of the mobile revolution has created a proliferation of inexpensive yet efficient microprocessors and networking devices, which are bringing in a new age of Machine-to-Machine Internet (M2M). The complete platform comprised of sensors, network, gateway devices, device identity management, event processing and a new class of smart applications and services is referred to as the Internet of Things.
This interconnected platform where machines and software interact to analyze data will allow us to make better decisions in virtually all aspects of life. IoT is a disruptive innovation creating smarter enterprises and leading a revolution in modern manufacturing, agriculture, utilities, energy, mining, and other industry segments.
Any organization can benefit from the technology advances prevalent in the Internet of Things. For example, where an employee is currently needed to manually inspect a piece of equipment, automation reduces safety hazards and inspection costs, while eliminating travel costs. Automation helps anticipate and therefore avoid failures to keep projects moving forward and on budget.
Currently, many organizations use machine sensors for data acquisition and supervisory control. However, the number and variety of sensors and proprietary protocols are very limited and rigid in their functionality, which can be daunting. The Internet of Things, by contrast, is a seamless appliance based on existing open standards, which allows you to gain unmatched operational effectiveness and top-line revenue.
Issue: Perishable goods – what if you could constantly monitor the temperature, humidity, and location of your goods as they travel through your supply chain? Monitoring critical factors and quickly taking action on alerts enables you to significantly reduce spoilage and, as a result, increase revenue by reducing costs accompanying wasted inventory.
Factory/ Warehouse/ Manufacturing Plant
Issue: Heavy machinery –by monitoring factors such as the location of your company’s equiptment, along with environmental conditions, you can ensure that the equipment is being operated properly and prevent sudden machine failures.
Issue: Unsafe working conditions – what if you could monitor the operating environment of a dangerous situation without endangering lives? By monitoring atmosphere, pressure, sound, radioactivity, temperature, etc. using remote sensors you can ensure the safety of your employees before exposing them to hazards.
Issue: Product support – imagine if the products that you sell to your customers could communicate back to your maintenance organization the current status, diagnostics, and availability of products? By capturing this data, you are able to deliver a better customer experience by capturing potential failures before they cause problems.
Issue: Operational roadblocks– what if you could track the quality and state of your services in real time as opposed to a manual inspection? This unprecedented insight into operating metrics will allow companies to quickly respond to and solve any issues before they impact end customers or the company’s environment. The data acquired over time will give you deeper insight into the relationship between various operational factors, allowing for highly optimized and effective business practices to emerge.
Now you can envision a new industry revolution that allows your software and hardware assets to work in sync, providing you with:
1. Transparency into the true operating conditions of your business.
2. Fast reaction to any adverse conditions and limit their impact.
3. Improved quality of the products being produced and services delivered in real time.
4. Analytical insight with data collected over time to optimize production to the highest yield and quality of product.
Oracle JD Edwards applications, combined with a layered architecture, is uniquely well-positioned to leverage the capabilities of Internet of Things technologies and to offer highly differentiated solutions to its customers. The Oracle JD Edwards IoT platform is a complete set of technologies providing a framework that allows for very fast deployment of sensor-to-server connections.
Learn more about how your business can leverage an IoT platform to improve business processes.
To discuss your IoT vision with WhiteLight Group, contact us here.