Table of Contents
Relevance of IOT to ERP systems.
Identification of case studies.
case study 1.
case study 2.
The use of IoT is increasing in various business and most specifically in the Enterprise Resource
Planning (ERP). ERP provides a single source of data to the companies, which have always been limited because the data inside the organization is targeted only. Therefore, the Internet of Things (IoT) is putting a beneficial impact on ERP. IoT is important because it is going to allow for the data to travel in real-time from external touchpoints to internal ones. IoT can increase the level of availability of the data and its accuracy. IoT has been benefiting the ERP systems in areas like forecasting, inventory, customer service. IoT has also provided the benefit to the manufacturing sectors of ERP as well as the communication has been improved a lot. Business intelligence has also improved as the businesses in ERP systems can monitor the machine operations in any corner of the globe, and real-time analysis of the streaming data is made possible through it.
Two case studies showing the importance and benefits of IoT in the ERP systems are discussed below.
Case Study 1
IoT is playing a significant role in the sensor integration in the ERP systems as these sensors have been providing value to the businesses over time. The ERP systems have realized that the integration of these active sensors should be part of their processes. Mentioning a case of a commercial organization NFC, when a customer reports to swipe that smart device through the terminal of NFC. The transactions take place and are delivered to the local POS. The transaction can also be pushed to the ERP platform of the company through which the organization NFC can reside and interact with marketing, sales and finance modules. The result given by IoT is that entire transaction information will be available to all the operations departments of the organization. This approach is instrumental, and through this case study, it is seen how the IoT is playing a crucial role in providing the value to ERP businesses.
Case Study 2
The second case study identified targets another benefit of IoT in the ERP systems, which is the enhancement of Augmented reality. IoT is mostly working in the development of sensor technologies, and for this purpose, a lot of middleware augmented reality devices are released. There is the case of the release of the first generation of smart glasses, which is made to be used in the manufacturing operations in future. According to the case study, these glasses will serve as the sensor devices that will convert the human or machine activity into the data, which will effectively get resolve into the information needed for an understanding of computers, and that will enhance the efficiency of machines on the platform of ERP systems. The loops will continue in this process through those glasses, and when the final results arrive, they will revert to the helmet display of the operator in real-time.
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