taking place across the entire
supply chain in real-time.
The data and connectivity
provided by such connected
devices within the IoT may
prove invaluable. If used
properly, this data can enable
faster decision-making, more
efficient streamlining, and
greater stock management
oversight from end-to-end.
The challenge, however, is in
the collection, storage, and
manipulation of this machine
data.
To make the most of the
information that the IoT
can deliver, manufacturing
organisations must ensure
their systems and data
centers, or those of their
supply chain management
providers, are capable of
handling the rapidly
increasing volumes of data
being produced by connected
devices.The IoT can deliver reams
of useful data that can help
manufacturers improve
their design, manufacturing,
marketing, sales and,
importantly, their supply
chain. It provides a pragmatic
approach for manufacturers
to optimize and innovate
for sustainability, resource
maximization, and competitive
advantage. Manufacturers
that overcome the challenges
of effectively managing and
analyzing such volumes of
information will realize these
benefits and more.Information sourced
from Garter and
McKinsey & CompanyGlen Bernardino has more
than 20 years’ experience
in the IT industry and
deep expertise in working
with large enterprises
to use infrastructure,
software, and services to
solve complex business
challenges. Glen recognizes
that the agenda for many
government agencies and
large corporations going
forward will be dominated
by the integration of
big data analytics, cloud
computing, mobile
technology, the Internet
of Things, and social
media into the enterprise.
Glen works closely with
organizations as they
navigate the myriad of
options open to them,
to understand what will
best deliver clear and
quantifiable value to their
business.June 2018 | VENTURE Innovation | 27