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Internet of Things

Internet of Things (IoT)

Enabling digital transformation for manufacturers

Internet of Things (IoT) with ERP

The Internet of Things (IoT) is the concept of connecting any device with an On/Off switch to the internet and/or to each other, in order to create a network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators and network connectivity, and enables objects to connect and exchange data.

If you are considering an Enterprise Resource Solution (ERP) solution and you want to leverage the power of the Industrial Internet of Things, the SYSPRO ERP ecosystem will enable your business to leverage new technologies and turn your blue-sky ideas into reality.

$144.3 Billion

The global industrial IoT market reached a value of US$ 144.3 Billion in 2020.

source: www.globenewswire.com

The Benefits of IoT for Industry

Digitize and streamline operations

Strategic sourcing policies can control the requisition process and align procurement activities with the organizations’ strategic goals. By better managing the processes and policies that deal with the sourcing of goods and services during your purchasing cycle – with SYSPRO’s Preferred Supplier capability– you can decrease your purchasing risk, improve purchasing governance and ultimately achieve cost reductions.

Improve customer service

This data can enable companies to pick up on inefficiencies and problems sooner, saving time and money, and can support automation and business intelligence efforts that drive optimal business performance – ultimately delivering a better service to their customers.

Analyze data faster, with greater accuracy

By incorporating AI, especially machine learning, into their IoT applications, these technologies can automatically identify patterns and detect anomalies from the sensors and data generated from the machines such as temperature, pressure, humidity, air quality, vibration and sound. Companies are finding that machine learning has significant advantages over traditional business tools for analyzing IoT data, including the ability to make operational predictions 20 times earlier and with far greater accuracy.

Improve quality control and traceability

Technology such as RFID chips and IoT sensors in inventory holds great potential for quality control, sustainable traceability and overall supply chain efficiency – improving and automating the process from inventory management to delivery, all in real-time and without human intervention. And by harnessing the power of Artificial Intelligence together with IoT, the e-commerce user experience is enhanced, from product recommendations and selections to more efficient delivery.

Stay connected and continuously updated

With the Industrial Internet of Things, individual items, cases, pallets, containers and vehicles can be equipped with auto identification tags and tied to GPS-enabled connections to continuously update location and movement.

Key Uses of IoT for Industry

Connect IoT in the warehouse and AI with e-commerce platforms to enhance the customer user experience and improve service delivery
Streamline and automate business processes by automatically delivering business intelligence and alerts directly to operators and service agents
Better manage Inventory in the warehouse in real-time using IoT sensors to monitor and track incoming and outgoing items – improving traceability across the supply chain and significantly reducing the need for human intervention
With The Industrial Internet of Things, individual items, cases, pallets, containers and vehicles can be equipped with auto identification tags and tied to GPS-enabled connections to continuously update location and movement
Manufacturing execution systems are embracing The Industrial Internet of Things technology to enable closer monitoring of more parameters and more sophisticated control of processes and quality as a result

SYSPRO’s IoT Platform

SYSPRO has the means to interface into the Internet of Things through the use of our RESTful APIs. Within the Microsoft Azure hub you can connect telemetry sensor data from your IoT devices into SYSPRO utilizing SYSPRO’s RESTful APIs. This provides you with the integration capability of your devices to send the key messages that will initiate the workflows for transactions within your ERP:

Device Management Service

SYSPRO has leveraged Azure’s IoT Hub to deliver a management service of all of your IoT devices. The Device Management service connects to all of your IoT devices, scattered across the globe, and provides a unified and central location where devices can be configured, turned on or off, settings changed, and even firmware updated – all without leaving the office.

Message Management Service

SYSPRO provides a messaging management service to manage the vast multitude of messages sent hourly from your IoT devices. By leveraging Azure IoT messaging management, this service communicates with devices and transfers data to the IoT Data Storage Database, and to the SYSPRO Core Database using a robust message queue.

Data Storage Service

SYSPRO’s AI infrastructure is leveraged to provide an IoT Data Mining Service, aggregating and analyzing the multitude of data transmitted, and offering the information in a structured, relevant and meaningful format that can be used to provide analysis, insight, trends, and empower accurate and real-time decision making.

Data Mining Service

With IoT devices scattered all of the world, transmitting terabytes of data each hour, over an extended time, SYSPRO provides a high performance IoT Data Storage Service. For primary cloud storage we utilize Azure’s COSMOS database which offers low latency, with a high fidelity and boasts SLA’s that no other database engine can match.

More on how SYSPRO ERP uses IoT

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Internet of Things (IoT)

Enabling digital transformation for manufacturers