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How IoT is Changing the Industrial Landscape?

Lot Industrial

The rush for digital transformation among industrial companies is not a technological shift but a long-term cultural shift to streamline their future business processes. A recent study combining an extensive survey of 200 IoT decision makers at industrial companies in North America reveals that only 16 percent of respondents consume IoT data in enterprise resource planning (ERP) software. Which resides to 84 percent of industrial companies face a disconnect between data from connected devices and strategic decision making and operations, limiting the digital transformation potential of IoT.

IFS, the global enterprise applications company latest study posed questions about companies’ degree of IoT sophistication. The study also explores how well their enterprise resource planning (ERP), enterprise asset management (EAM) or field service management (FSM) software prepares them for digital transformation and to consume IoT data within enterprise software.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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