EDI

New IDC Study – 66% Would use B2B Outsourcing to Support Digital Transformation

Digital Transformation

Over the past few months I have posted several blogs relating to digital transformation across the supply chain. My last blog discussed how OpenText’s Enterprise Information Management (EIM) solutions could potentially support an Internet of Things (IoT) platform and an article on Spend Matters looked at how B2B integration and B2B Managed Services are a core part of today’s digital transformation projects. So what’s driving this interest in digital transformation?  After all ‘digital’ emerged in the 1980s but this time around companies around the world and in different industries seem to be taking it more seriously. Why? Customers are driving the need. At OpenText I have met supply chain executives around the world and the subject of digital transformation is a hot topic, especially as it allows companies to leverage new and exciting technologies such as IoT and wearable devices. In customer meetings two key trends started to emerge, firstly companies were keen on establishing a ‘digital backbone’ across their business (to integrate external trading partners to internal business systems) and secondly companies wanted to consider outsourcing the management of their B2B integration platform so that they could focus internal IT resources on new digital transformation projects. Last year this got me thinking, does digital transformation drive supply chain transformation? Certainly an interesting theory and one that I was keen to explore in more detail. Over the years we have completed research projects with the analyst firm IDC so I was only too pleased to engage with IDC on a new study relating to digital transformation in the supply chain. The timing for this study was perfect, not only from a market interest perspective, but digital transformation is a key focus for OpenText and through this study I wanted to prove that B2B Managed Services could support digital transformation initiatives. I want to use this blog to highlight some of the key findings from the study. Due to the large amount of survey data obtained from this particular study I will post further blogs by different industry sectors, regional aspects and also the technologies being adopted today. So where shall I start? Last December we worked with IDC to send out a survey to 254 companies across five different industries and seven countries around the world. I wanted to test the hypothesis of whether digital transformation was driving supply chain restructuring initiatives. Over the years we have found that when companies restructure their supply chains they will consider outsourcing their B2B integration so they can focus on the restructuring process at hand. Overall, digital transformation was widely known, as a definition, across nearly all the companies surveyed, only 7% were not sure what digital transformation actually entailed. 57% of respondents said that their business had appointed a Chief Digital Officer (CDO), however some believe this is more of a transitional type of role as it is expected that the traditional CIO role will absorb this activity moving forwards. However when you look at the role of the CIO in recent years it was about ensuring for example that an ERP system goes live on time or a new warehouse management system could connect into various supply chain solutions. Today, and maybe this is why the CDO role has emerged, the CIO has to embrace new types of networks, new types of devices connected to these networks, and new types of information coming off these devices that needs to be processed, analyzed and then archived. In terms of the maturity of digital transformation projects, the survey had a range of results from 36% of respondents saying they considered themselves as a ‘Digital Transformer’ (business is a leader in its markets, providing world-class digital products, services, and experiences) to only 8% who said they considered themselves as a ‘Digital Resister’ (business is a laggard, providing weak customer experiences and using digital technology only to counter threats). So clearly there is more work to be done to help companies move along the digital transformation maturity curve and of course OpenText is here to help. The interesting observation in the enterprise world is that there are five pieces of disruptive technology that have been embraced more than other technologies and these same technologies are driving consumer driven markets as well. For the purposes of this study we wanted to understand which technologies were being adopted across supply chains and how these adoption rates would grow over the next three years. The table below provides an idea of the technologies that we surveyed against as part of the study, this chart shows technology adoption at the time the study was conducted in December 2016. From a technology adoption point of view there were some interesting observations. 70% of respondents said they were using B2B cloud networks today, interesting given that cloud really started to go mainstream in 2010. After cloud, IoT projects were the next most important investment area but interestingly machine learning and artificial intelligence is going to have the fastest growth rate over the next three years. Some other observations: The great thing about this study was that it was cross industry and covered the main industrial centers around the world. Given IoT is one of the main focus areas I thought it would be interesting to highlight the benefits that companies in different countries have realized from this disruptive technology. The table below ranks the benefits of IoT across some of the countries surveyed as part of this project. In addition to regional cuts of the survey data, there are detailed findings at an industry level. The chart below shows three of the five main industries that were surveyed and the expected benefits these industries have realized with the deployment of IoT based solutions across their supply chains. Needless to say many hours could be spent analyzing all the technology adoption levels by different countries and different industry sectors! So then moving on to how digital transformation is driving supply chain related restructuring initiatives, once again some really interesting findings as can be seen by the following statistics. In order for companies to implement new digital transformation strategies, the survey demonstrated that there is a certain amount of preparation or IT restructuring that has to take place before new technologies can be deployed across a supply chain. However to ensure that companies can focus on this restructuring and then implement these technologies with ease, there are certain business activities, such as B2B integration, that could be outsourced to a trusted partner. In analyst related studies there is usually a ‘golden nugget’ of information that helps to justify the whole research project. So when we asked the question about whether outsourcing the management of B2B integration would help free up internal resources to focus on new digital transformation initiatives, we found a surprising result. 66% of respondents said they would consider outsourcing their B2B integration to a trusted partner. This was an interesting study for another reason, it demonstrated that companies were thinking about their EDI or B2B integration strategy when considering the adoption of new leading edge technologies such as IoT and machine learning. This also helped to demonstrate that EDI was in the next stage of its evolution, a journey that has lasted more than 45 years so far. I have only scraped the surface in this blog with some of the results from this new study and I have more blogs planned that will provide further technology and industry specific insights from our new study, as well as webinars in the near future with IDC to discuss the findings. In the meantime if you would like to download a copy of this new IDC study then you can do so here.

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How Mature Are You? Embrace Digital Transformation in Measured Steps

digital transformation

Embracing digital transformation will not typically be a step function or a sea-change for most organizations. It is an evolution—a path of measured steps. To make digital transformation meaningful and digestible for your organization, focus on your digital maturity.  Where are you today, and where do you need to be in one, three, or five years?  Benchmark internally, to industry peers and leaders. Research from SCM World (now Gartner) provides a model to benchmark current maturity relative to industry peers, and it outlines a roadmap of steps others have taken in their journey to digital supply chain maturity. Research from IDC outlines the business benefits of digital maturity in the supply chain, where “leaders” compare to “laggards” with: 156% Faster invoice processing 89% More responsive to unforeseen events 48% Improvement in customer order delivery time 35% Faster inventory turns 22% Reduction in cash conversion time 16% Increase in successful product launches 3% Improvement in perfect order rate If digital transformation is an evolution of maturity, consider the importance of having your digital information backbone—connectivity, exchange, and integration—mature with you. Solutions to today’s immediate needs may not get you where you need to be to thrive in the future. OpenText™ Business Network 16 EP2 introduces several enhancements that help organizations mature their digital supply chain and secure information exchange—all built on the core foundation of digitizing the exchange of structured and unstructured content with your trading partners and customers. Gain deep supply chain insights. Mature beyond information exchange to providing advanced analytics on business transactions. EP2 extends OpenText™ Trading Grid Analytics and data blending capabilities to all OpenText Messaging customers. EP2 also provides extended support for Automotive, High-Tech and global Retail industry standards. Optimize unstructured data exchange. Move beyond send and receive fax reports to analytics that help optimize business processes. EP2 introduces Analytics for OpenText Notifications and OpenText™ Fax2Mail in the cloud, as well as OpenText™ RightFax Analytics for on-premises users. Manage orders anywhere, anytime. Consider evolving customer responsiveness with new mobile support for OpenText™ Active Orders, enabling users to review, accept, or reject orders on the go. Manage non-events to reduce risk. Mature operational efficiency and agility with advanced supply chain event management. A new Business Event Notification service in Business Network 16 EP2 empowers users to create real-time alerts of events and non-events (e.g., it’s Monday 9:30 a.m. and I haven’t received my typical 9 a.m. order from Acme Corp.) to quickly identify issues and improve responsiveness—all from within primary business applications such as SAP Expand digitization to the entire ecosystem. Expand digital transactions from larger trading partners to those still using paper and email attachments. EP2 extends data quality and automation by auto-provisioning non-EDI partners who still email PDF invoices Integrate complex business processes. With the integration of OpenText™ Process Suite into the Business Network, EP2 enables organizations to digitize and integrate complex and unique business processes—evolving beyond automation of simple linear information flows See these and other Business Network EP2 solutions in action at Enterprise World 2017, July 10-13 in Toronto.

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For 2017, OpenText Enterprise World is a Business Network Event

customer experience

If you’re a Business Network customer, OpenText Enterprise World 2017 is a must-attend event. OpenText Business Network has grown and evolved to become the leader in global B2B information exchange services. And we have invested and innovated to deliver new sources of business value with managed services, supply chain insights, P2P automation, cloud fax and notifications, and more.  Attend Enterprise World 2017 to experience the new Business Network: Hear from your industry peers how B2B Managed Services drives out cost, as well as accelerates time to market and improves customer service—both driving top line growth. Get a first-hand look at how our developments in analytics and process orchestration can help your business gain critical business insights and optimize complex integration processes. See the latest product and service innovations in action, and learn what’s on the horizon as we share strategic investment plans and product roadmaps. Gain the tools to enable your digital transformation initiatives with the latest market research on trends in digital supply chain, including disruptive technologies such as 3D printing, drones, IoT, block chain, and Big Data. Meet and interact with the experts in product, development, and support. Below are just a few of the ‘can’t-miss’ sessions in the Business Network track of 30 breakouts: BNN-101: How Digital Disruption is Driving New Supply Chain Transformation Initiatives BNN-103: Gain Supply Chain Intelligence with Trading Grid Analytics BNN-107: Simplify & Optimize Your SAP Implementation with B2B Managed Services BNN-202: What’s New in RightFax 16.2? What does the future of digital supply chain and secure information exchange hold for you and your organization? Find out at OpenText Enterprise World 2017.  Register today!

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GDPR. An Opportunity More Than a Threat for B2B Companies?

GDPR

The EU’s General Data Protection Regulation (GDPR) is definitely a game changer – but perhaps not in the way you think. A great deal has already been written about the stringent obligations – and hefty fines – it places on organizations managing the personal data of EU citizens. Much less has been made of its other stated aim: To facilitate the exchange of information for businesses that operate in the EU. But the GDPR is not limited to only EU companies, so… how best to capture the opportunity within GDPR implementation? An opportunity? Really?!! It’s easy to focus on the amount of change – at an organizational, technical and process level – that every company will need to undertake to get ready for the May 2018 deadline. But, that is to overlook the bigger picture. GDPR is explicitly designed to harmonize data security and privacy laws across Europe. This is, by far, the most far-reaching legislation of its type ever attempted. It represents a single data protection approach for 28 trading countries and, indeed, beyond. As all companies that hold personal data on EU citizens must comply – and let’s face it, today that’s pretty much everyone – the success of GDPR is very likely to make it a global standard by default. To date, organizations have not addressed their data protection and privacy risks in a consistent way. GDPR now makes this essential. The opportunity arises when you see this as more than simply a compliance issue. As PA Consulting suggests, companies “can take a more business- and customer-centric approach that will allow them to explore how they can manage personal data to help make more informed decisions and create a better experience for their customers”. Understanding GDPR There are really two core elements to the obligations of B2B companies under the GDPR. The first is to store and manage personal data in a way that it’s always quickly accessible for the data subject and is removable if required. For B2B organizations, you must remember that, for the GDPR, personal data means data about individuals, including your customers, suppliers and service providers. It also covers how and why you exchange personal data within your supply chain or trading partner network. Secondly, personal data must be defended and secure at all times – in transit or while at rest.  The International Association of Privacy Professionals recommends some of the security actions to undertake include: The pseudonymization and encryption of personal data The ability to ensure the on-going confidentiality, integrity, availability and resilience of processing systems and services The ability to restore the availability and access to personal data in a timely manner in the event of a physical or technical incident A process for regularly testing, assessing and evaluating the effectiveness of technical and organizational measures for ensuring the security of the processing A focus on technical infrastructure It’s clear that the correct technical infrastructure has a key role to play when implementing the GDPR. Organizations will really struggle if they continue to hold silos of information. Instead, they must have a clear end-to-end view of all the personal data they hold. This is both structured and unstructured data – everything from emails and social media behaviors to contracts or service documentation. This does require a significant change in thinking. Organizations will need to introduce Privacy-by-Design and Data Protection-by-Design as core foundations of their infrastructure. These strategies have been at the heart of solution development at OpenText for years. The OpenText™ Business Network portfolio of solutions – including OpenText™ Trading Grid Messaging Service, OpenText™ Active Applications, OpenText™ Managed Services, and OpenText™ Fax Solutions – include the highest security standards, encryption and best practices. These solutions enable the processing and exchange of information with comprehensive encryption to mitigate risks associated with the processing of sensitive data. Rigorously auditing, testing and enforcing compliance with security regulations such as the GDPR across extended and sophisticated supply chains is a fundamental part of OpenText operations. For example, the OpenText™ Cloud Fax network is an environment made up of connectivity protocols that keep customers aligned with the most pertinent regulatory and compliance mandates.  With options including secure web connections via TLS and HTTPS or VPN connections, organizations remain securely connected to the OpenText Cloud and privacy is maintained. With encryption at rest and in transit, content is securely protected where it rests or on the move. Keep calm. Carry on. The good news is that GDPR is not meant to cripple you as a business – quite the opposite. But, it does demand a much more proactive and consistent approach to data protection. For B2B organizations, that really doesn’t have to be a threat. Almost every organization has Digital Transformation at the heart of its business strategy. Almost every organization is looking for ways to optimize the value of the data it holds. In this context, GDPR can be seen as a legal framework to make this happen. Now, there’s an opportunity! Learn more about OpenText’s secure information exchange solutions. Watch the webinar with Digital Clarity Group and learn how the GDPR will transform business practices across the organization.

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Excellence in Sales Order Entry – From Document to Digital

digital sales orders

Sales orders, the documents with the odor of company success attached to them! Physical (or electronic) proof that your company sells products that your customers like. Proof that you make money and create and retain jobs. So what could there be that is not to like about sales orders? Well, the question here is: Are your sales orders solely creating value and financial success for your company? Or are they also costing you money? Are they slowing down your business? Maybe even creating conflicts with your customers? Fully digital sales order process – why? In a digital world, you should consider automating your sales order entry process from beginning to end. The digital sales order process should start the minute a sales order enters your company, from document to digital. This should be independent from your input channel – whether your sales orders reach you via EDI, email, fax or paper document, make sure to digitize your sales orders when they first touch your company. Many of our customers have EDI in place for 60 – 80% of their sales orders. However, the remaining 20-40% slows down their business, preventing them from having full insight and transparency of the status of ALL sales orders. The impact When our customers started to capture the data also from PDFs, emails and paper documents, they realized how valuable a fully automated a digital process is. With their model from document to digital they turned the sales order process into a fast, customer-friendly and fully transparent process. They now have full insight into the status of any sales order. If a customer has a request referring to a sales order, they can answer it within seconds, independent from its input channel or process status. Reporting and transparency have exponentially improved. Management is now able to track the performance of the sales order process across countries, from month to month or year over year. Now, even the performance tracking task is a simple activity, too. It is fast and it is accurate. Not only for the electronic input channel, but for all sales orders. The information extracted is also proof that with the new integrated sales order automation, customers have been able to cut sales order cycle time in half by also automating the remaining 20-40% of sales orders. Customer relationships have also improved because disputes over orders and invoices or wrong deliveries have reached an all-time low. The analysis of sales orders allows making purchasing recommendations to customers from evaluating other customer orders – those who regularly order specific products in combination with other products. These cross-sell opportunities are well-received by customers as they create value and often help to meet their core business needs. Have you identified a need to further digitize your sales order entry process? Take a look at how OpenText™ Business Center for SAP Solutions helps to improve the sales order process and much more.

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Banking Trends from SIBOS: Technology Solutions to Tame Rampaging Workflows

banking trends from SIBOS

Editor’s Note: Gerry Gibney, Senior Industry Strategist at OpenText and resident expert on the financial services industry, was recently interviewed on the banking trends and technical needs he discovered at SIBOS (the annual trade show hosted by SWIFT, provider of global secure financial messaging services).  I always come back from SIBOS having learned new things, it’s one of the largest banking events in the world and this year, one of the big topics was domestic payments. Many people aren’t aware that for large banks, corporate internet banking payments represent around 24% of their revenue. They benefit from payment money while it is in their hands and they can charge fees for the payment services. It’s a big market because payments have to be made, whether regular payments such as rent and utilities on buildings or one-time money transfers. And they add up. For bigger banks, we’re talking several hundred million dollars each. Of course, they would prefer to keep that balance in their bank or extract it over time. I see a big role for OpenText here. Our BPM solution can be deployed to help with business networks, so banks can manage the workflow, the processes, and the controls. Managing the controls is important because with the SWIFT processes (payments and messaging), issues include: Who is authorized to send the money? Who else can do it? Who else can approve it? What if that person leaves? How do we add them into the system or remove them? Automating Banking Workflow Our own experience at OpenText is typical. Every year, our company  goes through the payment permissions updating process. What do we need to know? What do we need to get? How do we get it? Where do we apply it? How many accounts are responsive? Doing business in, say, Hong Kong, Shanghai, or Japan, we may have 10 or 20 people with different signatory levels, each needing to sign an eight page statement. Eight pages times 10 people, every year, for every account – that’s 80 pages per account every year, and that’s typical of many companies. A company might well have several hundred accounts with just one bank, and this has to be managed every year, with ever changing rules, like regulators now requiring the CFO’s home address for example. Another workflow example is client onboarding, which has to be done every time. Even if the customer has 200 accounts and they want to add number 201, you still have to go through the onboarding process. So all the information is out there in different places, who knows how well protected it all is? OpenText’s security capabilities, our ability to add workflow, control workflow, minimize, and automate it, adds a lot of value. OpenText is also a SWIFT service bureau. We help with payments reporting, via EDI and our Business Network, to enhance what banks do. We help banking in many areas, across all our solutions – for example, with analytics, on the content side for unstructured data, or helping with records management, which is strong on compliance. With embeddable analytics we can gather all sorts of information, whether it’s for bank employees internally or their clients and customers. This information can be transformed into reports, perform sophisticated analysis, and help companies find new ways to get revenue from it. It can also help to track things more efficiently, comply with government regulations more easily, and improve bottom line without increasing operating costs. In summary, it can be a tremendously powerful component of a bank’s overall offering. The second half of this interview will be published next week.

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How Many Gold Medals Could Your Company win at the ‘B2B Integration’ Olympics?

B2B integration

So the eyes of the world are on the Olympic Games in Rio de Janeiro, and following on from my previous blog relating to the use of Marginal Gains theory at Rio 2016, I thought I would continue the Olympic theme for this blog. The sports that make up the games are varied in nature and it got me thinking, how would companies fare if they were to compete in the B2B Integration Olympics? An event designed to see how well companies are using B2B technologies to address specific business and supply chain challenges. OpenText recently completed a research study with IDC Manufacturing Insights to look at how B2B integration drives superior supply chain performance. The study demonstrated that companies can be segmented into experts, leaders or laggards in terms of their adoption of B2B technologies. Similar I guess to winning gold, silver or bronze at the Olympics! Is it possible to compare an Olympic sport with a specific supply chain challenge? Well let me try and explain during this blog. I will focus on five Olympic sports and compare them with the various B2B challenges that many companies face today. How many of the following ‘events’ would your company be able to take part in, based on whether you are using the B2B technologies described for each sport listed, one, two or possibly all events? First up, archery. Archery – This sport is one of the oldest in the Olympics and requires utmost accuracy and patience on behalf of the competitors. Archery dates back around 10,000 years when bows and arrows were first used for hunting and warfare, before it developed as a competitive activity in Medieval England. Trying to hit a target 122cm in diameter, let alone hit the center ring measuring just 12.2 cm takes a lot of nerve, skill and determination on behalf of the athletes taking part. So as archery is focused primarily on accuracy, have you ever thought about how accurate your business transactions are as they flow across your supply chain or into your back office enterprise system? How much manual rework do you have to undertake to correct documents before they enter an ERP system for example? An ERP/B2B integration study conducted by OpenText found that up to 34% of data entering an ERP system comes from outside the enterprise, what if this externally sourced data contains inaccurate information? OpenText™ Active Intelligence is one solution that can ensure increased accuracy of business transactions flowing across your supply chain and into enterprise platforms such as ERP systems. Do you have an automated process for checking the quality of business documents across your supply chain? If so then you can award your company your first gold medal! Triathlon – This event is thought to have started between the two world wars and others say that it originated in the United States in the 1970s. The first triathlon was held at the 2000 Olympics in Sydney, and the event consists of a 1500m swim, a 43km bike ride and a 10km run with no breaks and the transition between each event has to be seamless, and is part of the competition. The triathlon is almost multi-modal in nature, similar to many of the services offered by global logistics companies where they ship goods across land, sea and air routes around the world 24/7. But how do you keep track of these global shipments? One way is via OpenText’s logistics Track and Trace capabilities on our Business Network, a new capability which allows you to have a window into your global supply chain and keep track of shipments as they pass across different modes of transport, different country borders and then onto distribution centers or retail outlets. The OpenText™ Business Network is connected to many of the world’s logistics providers and allows you to keep track of shipments and also monitor the performance of your logistics partners through our embedded analytics capabilities. Do you have a way to seamlessly track shipments anywhere around the world, across multi-modal logistics partners? If yes, then you can award your company another gold medal! 4 x 100m Relay – The Olympic stadium surrounds a 400m oval track and this event relies on four runners being able to effortlessly transport a baton in the quickest possible time from the start to finish line. If the baton is dropped for any reason during the handover period between two runners then it can add significant time to the lap of the track. The runners in this case have to be very fit and also have to be able to handover/receive the baton in a seamless manner otherwise they will lose the relay race. Being able to exchange the baton seamlessly between runners is a bit like transferring a B2B transaction between different trading partners across a business network. B2B transactions need to be carried by a provider who can transport the transaction from one location to another, in a relatively short time and at the same time adhere to local or regional B2B standards where required. OpenText™ Trading Grid Messaging Service (TGMS) provides a highly available messaging platform that ensures that your business transactions get from A to B as smoothly as possible. These transactions may need to be sent via different communication protocols or converted into different document formats, either way TGMS can mediate between any format and provide inter-connectivity to many different networks around the world. Do you have the ability to send B2B transactions anywhere in the world irrespective of the communication protocol or document format being used? If yes, then you can award your company another gold medal! Weightlifting – This ultimately showcases a test of pure strength and it represents the oldest and most basic form of physical competition. Weightlifting appeared at the first modern Olympic Games in 1896 and today’s sport is divided into 15 weight categories, eight for men and seven for women. The aim of weightlifting is simple, to lift more weight than anyone else and in some cases the strongest competitors may lift more than three times their body weight. Many companies today have a requirement to exchange very large files, securely between trading partners across a supply chain. Large files in this case could be point of sale data, cheque images, financial data or engineering type files. These files are typically much larger in size than normal B2B transactions being exchanged across a business network. OpenText™ Managed File Transfer solution provides a way to exchange large or important files across a secure network. Large file transfer in the past has been through the simple exchange of files on CDROMS or other medium, today this can be achieved securely via an MFT solution. Do you have a means to exchange large files securely across your supply chain? If yes, then you can award your company another gold medal! Beach Volleyball – In 1895 William G Morgan devised a game he called ‘mintonette’ which he intended as a gentle alternative to basketball for older members of his YMCA gym. Over a hundred years later and volleyball is anything but gentle and made its first appearance at the Tokyo Olympics in 1964. Rio de Janiero is the home of the first beach volleyball world championships, so only appropriate that this year’s beach volleyball event should take place on the world famous Copacabana beach. There are two key requirements for members of a beach volleyball team, collaboration and communication. Two requirements that are also required across many of today’s supply chains. Being able to collaborate with trading partners is important for improving operational efficiencies and being able to communicate during for example some form of supply chain disruption is equally important. OpenText Active Community provides a collaborative platform that helps to improve collaboration and information management across a trading partner community. Active Community provides an effortless way to manage supplier contact information, send out mass communication notices to suppliers, undertake assessments, perhaps as part of a quality procedure, and generally improve the day to day way in which you manage your trading partner community. Do you have a means to effectively manage the day to day collaboration and communications with your entire trading partner community? If so you can award your company your final gold medal! So now comes the interesting part, based on just these five areas, how many gold medals did your company win, one?, two?, three?, four? or five? Adoption of B2B technologies can appear to be a slow and complex process but OpenText is here to help, if you would like to go for gold and win the B2B Integration Olympics why not contact us to see how we can help. More information is available from our website. If you would like to put the Marginal Gains theory being used at Rio 2016 into practice across your supply chain operations then please visit our dedicated website where you can find more information.

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Unlock the Value of Your Supply Chain Through Embedded Analytics

supply chain analytics

Over the past few months I have posted a couple of blogs relating to the use of analytics in the supply chain. The first one really discussed the ‘why’ in terms of the reasons for applying analytics to supply chain operations, Understanding the Basics of Supply Chain Analytics. The second blog discussed the ‘how’, in terms of the methods of obtaining meaningful insights from B2B transactions flowing between trading partners, Achieve Deeper Supply Chain Intelligence with Trading Grid Analytics. The blogs were written in support of our recently announced OpenText™ Trading Grid Analytics, one of the many Business Network related offerings in Release 16. Release 16 is the most comprehensive set of products to be released by OpenText to enable companies to build out their digital platforms and enable a better way to work. Now those that have followed my blogs over the years will know that I have worked with many analyst firms to produce white papers and studies and I guess it was only appropriate that I should be fortunate to work with an outside analyst on a thought leadership white paper relating to analytics in the supply chain. I engaged with IDC to write a paper entitled, Unlock the Value of Your Supply Chain Through Embedded Analytics. IDC has been producing some interesting content over the years in support of their ‘Third Platform’ model which embraces IoT, cloud, mobile and big data and how companies can leverage these technologies for increased competitive advantage. The aim of our new analytics related white paper was to discuss the business benefits of embedding analytics into the transaction flows across a business network. Compared to other business intelligence and end user analytics solutions, OpenText is in a unique position as we own our Business Network and we are able to introspect the 16 billion EDI transactions flowing across our network. IDC leveraged a relatively new management theory called VUCA which stands for Volatility, Uncertainty, Complexity and Ambiguity to discuss how analytics can bring better insights into business operations. VUCA was originally defined in the military field and for our paper IDC aligned VUCA so that it leverage against a more connected, information-centric and synchronized business network, namely Velocity, Unity, Coordination and Analysis. I am not going to highlight too much content from the paper but here is one interesting quote from the paper. “It is the view of IDC that the best supply chains will be those that have the ability to quickly analyze large amounts of disparate data and disseminate business insights to decision makers in real time or close to real time. Businesses that consistently fail to do this will find themselves at an increasing competitive disadvantage and locked into a reactionary cycle of firefighting. Analytics really will be the backbone of the future of the supply chain.” Now I am not going to spoil the party by revealing any more from the paper!, if you would like to learn more then please register for our webinar, details are provided below. If you would like to get further insights about the white paper then OpenText will be hosting a joint webinar with IDC on 27th July 2016 at 11 am EDT, 5pm CET. This 40 minute webinar will allow you to: Understand how embedded analytics can provide deeper supply chain intelligence Learn how the VUCA management theory can be applied to a supply chain focused analytics environment and the expected business benefits that can be obtained Find out why it is important to have trading partners connected to a single business network environment to maximize the benefits of applying analytics to supply chain operations Learn how OpenText can provide a cloud based analytics environment to support your supply chain operations You can register for the webinar here.

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Don’t be Immature – Impact Your Business With B2B Integration Maturity

B2B integration

It is easy to feel a little resentment when someone tells you that you need to be more mature. Frequently our immediately response is – why would I want to be more mature? Coming from the right person, we might instead ask – what do I need to do to be more mature? If you are involved in B2B integration, you need to be more mature. A recent research study by SCM World, sponsored by OpenText, shows that being more mature in B2B integration has tangible business benefits for your organization. The report also defines some things you can focus on in order to become more B2B mature. Business benefits of increased B2B integration maturity included: • Reduced transaction processing costs • Fewer expedited orders • Higher inventory turns • Lower Days Sales Outstanding (DSOs) • Higher perfect order rate • Fewer stockouts Sounds good, doesn’t it? It answers the “why would I want to be more mature?” The research doesn’t stop there. It allows us to understand what companies were doing to become more mature. It helps to answer the question – what do I need to do to be more mature? Interested in learning more about the benefits of B2B integration maturity, and what you can do to get them? Then join OpenText and Kevin O’Marah, SCM World’s Chief Content Officer, in a webinar on 24 May to learn what enterprises are doing to get these results through B2B integration efforts. Register and you’ll get a copy of the full research study report too!

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Fax in Your B2B Digital Transformation

fax

The journey of digital transformation. It’s likely that your supply chain has already started the trip. If not, then it’s very likely to start soon. Catalysts may be corporate events like mergers and acquisitions; initiatives like supply chain visibility; or IT projects like an Enterprise Resource Planning (ERP) system upgrade. Throughout the trip it’s important to consider your B2B partners — including distributors, transportation carriers, banks, insurance providers, or purchasing organizations — that help you deliver the level of quality in products or services that your customers expect. Your largest partners may already be on a similar journey of digital transformation so you can count on them to move forward with you, perhaps your mid-sized partners are as well, especially those with enough capacity or IT resources to support their B2B infrastructure. But what about your smallest partners? They may have little or no IT resources to support B2B processes and so rely on manual methods for invoices, purchase orders, delivery notices, and other B2B documents. To send these documents they will likely rely on a fax machine. If your business receives these faxes on a regular basis then you may have a community of small partners that could be left behind in the digital journey. It’s time to consider the fax in your B2B environment. According to a recent study, ‘The Current and Future State of Digital Supply Chain’, 48% of respondents rely on fax, phone, and email to interact with supply chain partners. That number reflects a vast amount of manual processes that could simply be accepted as the status quo. Businesses that seek to increase their visibility and transform their supply chain can lose sight of the fax—and the smallest partners as a result. With OpenText™ Fax2EDI, OpenText™ Business Network customers can automate fax-based processes with their trading partners. Cloud-based image capture services transform supply chain documents received via fax or email into machine-readable information, ready for integration into your back-office systems. So the next time you see a B2B document received through a fax machine consider the trading partner on the other end. Will they join in you in the transformation of your supply chain?

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Achieve Deeper Supply Chain Intelligence with Trading Grid Analytics

supply chain analytics

In an earlier blog I discussed how analytics could be applied across supply chain processes to help businesses make more informed decisions relating to their trading partner communities. Big Data analytics has been used across supply chain operations for a few years, however the real power of analytics can only be realized if it is actually applied across the transactions flowing between trading partners. Embedding analytics to transaction flows allows companies to get a more accurate ‘pulse’ of what is going on across supply chain operations. In this blog, I would like to introduce a new offering as part of our Release 16 launch, OpenText™ Trading Grid Analytics. The OpenText™ Business Network processes over 16 billion EDI related transactions per year and this provides a rich seam of information to mine for improved supply chain intelligence. Last year,OpenText expanded its portfolio of Enterprise Information Management solutions with the acquisition of an industry leading embedded analytics company. The analytics solution that OpenText acquired is being embedded within a number of cloud-based SaaS offerings that are connected to OpenText’s Business Network. Trading Grid Analytics provides the ability to mine transaction flows for both operational and business specific metrics.  I explained the difference between operational and business metrics in my previous blog, but just to recap here briefly: Operational metrics can be defined as: delivering transactional data intelligence and volume trends needed to improve operational efficiencies and drive company profitability. Business metrics can be defined as: delivering the business process visibility required to make better decisions faster, spot and pursue market opportunities, mitigate risk and gain business agility. Trading Grid Analytics will initially offer a total of nine out-of-the-box metrics (covering EDIFACT and ANSI X12 based transactions), which will be made up of two operational and seven business metrics, all of which are displayed in a series of highly graphical reporting dashboards. Operational Metrics Volume by Document Type – Number and type of documents sent and received over a period of time (days, months, years) Volume by Trading Partners – Number and type of documents sent and received, ordered by top 10 and bottom 10 partners Business Metrics ASN Timeliness – Number of timely ASN creation instances as a percentage of total ASNs for a time period Price Variance – The actual invoiced cost of a purchased item, compared to the price at the time of order Invoice Accuracy – Measures whether invoices accurately reflect orders placed in terms of product, quantities, and price by supplier, during a specified period of time Quantity Variance – The remaining quantity to be invoiced from a purchase order, equalling the difference between the quantity delivered and the quantity invoiced for goods received Order Acceptance – Fully acknowledged POs as a percentage of total number of POs within a given period of time Top Partners by Spend – Top trading partners by the economic spend over a period of time Top Products by Spend – Top products by economic spend over time Supply chain leaders and procurement professionals need an accurate picture of what is going on across their trading partner communities so that they can, for example, identify leading trading partners and have information available to support the negotiation of new supply contracts. Trading Grid Analytics is a cloud-based analytics platform that offers: Better Productivity – Allows any transaction related issues to be identified and resolved more quickly Better Insight – Deeper insights into transactional and supply chain information driving more informed decisions Better Control – Improved visibility to exceptions and underperforming partners allows corrective action to be taken earlier in a business process Better Engagement – Collaborate more closely with top partners and mitigate risk with under-performing partners Better Innovation – Cloud-based reporting portal provides access any time, any place or anywhere More information about Trading Grid Analytics is available here. You can also learn more about the benefits of supply chain analytics.

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Cloud 16 – A Better Way to Work

Cloud 16

As organizations form their digital strategy, cloud is a critical consideration. Organizations that capitalize on new digital methods will be the ones that thrive; building new relationships with their customers and suppliers, optimizing their processes and creating new revenue streams. These organizations demand speed, agility, flexibility, and scalability that can be realized by taking advantage of cloud and hybrid cloud benefits. In short, they demand a “Better Way to Work.” The OpenText Cloud provides a global, secure cloud environment optimized for delivering Enterprise Information Management (EIM) solutions. We own and operate our own cloud, with a global infrastructure and operations across more than 40 data centers and satellite centers around the globe. Our commitment and expertise in cloud security, privacy and trust are key reasons customers trust us to manage their critical applications and information. We have invested greatly into our cloud and virtually all of our products are available to customers in the OpenText Cloud. OpenText Cloud 16: A Better Way to Work   Cloud 16 extends the flexibility for customers to operate in cloud, hybrid cloud and cloud-to-cloud scenarios. Customers have a plethora of integration and deployment options available to them so they are able to have their business problems addressed exactly how and where they need it. This release includes massive innovation across all of the EIM areas with advances in OpenText Cloud Managed Services, Business Network Services and OpenText SaaS applications. The Cloud 16 Digital Platform: Content Cloud 16: Delivering enterprise content management applications in the cloud to accelerate deployment, provide superior managed services and drive productivity through digital transformation. ECM in the cloud can be easier to deploy and less expensive to maintain than building and hosting your own infrastructure, and it can provide maximum flexibility while freeing up IT resources. It is quickly and easily scalable, so businesses can seamlessly adapt and expand without needing to install new hardware. Making the move to cloud means that IT resources can shift the management of ECM solutions to vendor experts, allowing IT to focus on the business critical operations that can help fuel business transformation. Highlights of Content Cloud 16 include: Managed Services for Content Suite 16- Upgrading and maintaining on premises applications can be a costly and daunting task. Let us upgrade your Content Suite into the cloud and we will manage it for you. Amplify the value of your existing applications and never worry about upgrades again. Content Suite Platform Cloud Edition- Optimized for the cloud, this package lets customers quickly purchase and deploy in cloud and hybrid-cloud scenarios. This new package combines cloud operational efficiencies with the flexibility and configurability you would expect from an on-premises deployment. OpenText Core and Content Suite integration-Customers can now securely collaborate in the cloud with Core and have content governed with Content Suite. Archive Center Cloud Edition- An enterprise archiving service running in the OpenText Cloud as a public cloud service. Customers only pay for what they use each month, based on the number of users that log on, transaction volume, and the volume of storage used. Without the need for up-front investment in infrastructure and software, it offers a cost-effective solution that scales with user’s needs. More information on Content Cloud 16 Experience Cloud 16: Empowering businesses to increase user engagement and improve customer satisfaction while avoiding time spent on managing applications or infrastructure. Experience Cloud 16 includes: Managed Services for the Experience Suite so you can upgrade your current implementation into the OpenText Cloud and have us manage it for you. Media Management Cloud Edition brings simple, cloud-based media management that is easily purchased and quickly deployed. Communications Center Enterprise brings tailored Customer Communications as a managed service in the OpenText Cloud. Communications Center CRM provides document generation with Salesforce integration. SAP DAM and SAP Document Presentment are also available as managed services. More information on Experience Cloud 16 Process Cloud 16: Enabling businesses to rapidly automate their business processes and have the platform managed by EIM specialists in the OpenText Cloud. Key innovations in Process Cloud 16 include: Process Suite as a managed service, with expert management by EIM specialists. Process Suite has several advances including entity modelling, case management and analytics integration providing process intelligence. Contract Center provides a complete solution for all types of contracts including buy-side, sell-side and other legal agreements. More information on Process Cloud 16 Business Network 16: The evolution of information exchange, OpenText Business Network provides a cloud ecosystem of interconnected trading partners with hyper automation, pervasive integration, and deep visibility across extended business processes, enabling compliance and accelerated time to revenue. The largest B2B network in the world powers customers’ extended trading ecosystems—now with embedded supply chain analytics, mobility for anytime, anywhere access, and deeper support for the entire procure-to-pay processes. Key advances in this release include: Logistics Track and Trace Supply chain analytics Trading partner digitization Invoice compliance Enhanced EMEA data sovereignty Mobility More information on Business Network 16 Analytics Cloud 16: Providing embedded analytics for EIM applications and for custom content sources, fully managed by EIM experts in the OpenText Cloud. Big Data Analytics Cloud Edition is a complete advanced analytics managed service in the cloud. It includes advanced analytics software, maintenance, cloud management plus professional and learning services to accelerate Big Data initiatives. Analytics integration with EIM Suites allows customers of all types to take advantage of advanced and predictive analytics. More information on Analytics Cloud 16 For existing on-premises customers, it is time to consider upgrading to the OpenText Cloud. For new customers, now is the time to subscribe to our cloud offerings and realize the benefits of agility, flexibility and scalability in solving your business problems. Whatever application, solution or information flow your organization requires to meet your business need, we can help to manage your cloud, hybrid cloud or cloud-to-cloud implementation. Experience a better way to work!

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Understanding the Basics of Supply Chain Analytics

vendor compliance

Today’s supply chains move millions of shipments around the world each year, but just think for a moment about the information required to ensure these shipments get from A to B safely and on time. The information flows, primarily based on EDI/B2B transactions, to support today’s global supply chains are growing in volume year-on-year. What benefits could a business obtain by being able to monitor these information flows and obtain deeper insights into what makes supply chains ‘tick’? Say hello to supply chain analytics. Monitoring the day-by-day, hour-by-hour, or minute-by-minute ‘pulse’ of a supply chain could potentially bring significant operational and business benefits to a company. From a supply chain point of view, companies are looking for answers to questions such as: Who are my top suppliers and how many B2B transactions have I exchanged with them? Who are my top (and bottom) performing suppliers based on specific key performance indicators such as complete orders, accurate shipments, on-time deliveries and processing of payments? For which suppliers/customers has the order/payment volume increased or decreased by more than 30% over the last 12 months? Which of my customers sent me the most orders during the end of year holiday period and which ones sent many changes? Here at OpenText we are processing over 16 billion transactions per year across our Trading Grid B2B network. These transactions are feeding global supply chains with rich information to help ensure that orders are processed in time, deliveries are shipped to the correct destinations and invoices not only get paid on time but comply with the ever increasing number of compliance regulations. Now what if you could apply Big Data analytics to supply chain operations in order to obtain deeper insights into how your digital information flows are supporting your physical shipment flows around the world? According to many leading analysts, Business Intelligence and Analytics are the most important focus areas for the CIO in 2016. Big Data analytics has been around for a few years now, really emerging in 2010 with mobile and cloud based technologies, but it is really only over the last two years that companies have started to embrace Big Data across the enterprise. You only have to look at recruitment websites to see that one of the hottest jobs in the market at the moment are for Big Data Scientists, those that can understand rich data sets, analyse and then report on them. There are many EDI document standards supporting today’s global supply chains, with ANSI and EDIFACT formats being the most prevalent. But if you go to the EDI document level there are really just two types of information that are useful from a supply chain analytics point of view. Firstly,operational-based information and secondly, business specific information, so what does this information actually look like? Operational information could be considered as the type of documents flowing between trading partners across a supply chain, so this would include Purchase Orders, Invoices, Advanced Ship Notices (ASNs) and Order Acknowledgements. The volume of these transactions could run into thousands, or for a large global company, millions per year. What if you could use this information to determine the volume of transactions by document type and volume of transactions by trading partner? Applying analytics, let’s call it operational in nature, could help to determine the top trading partners that a company deals with on an annual basis and also provide insights into the most popular document types being exchanged. Chances are, companies doing business only in North America will be exchanging more ANSI-based documents while companies doing business on a global basis will be using EDIFACT. So, Operational Analytics could be defined as delivering transactional data intelligence and volume trends needed to improve operational efficiencies and drive company profitability. Business information could be considered as the data from within each document type. So for example for an ASN, it would contain information such as delivery address, shipment details, quantity, sender details etc. What if you could actually perform deep introspection on each business transaction as it flows across a B2B network and then use this information to produce a series of business-related trends that could be reviewed, and if necessary, acted upon? Applying analytics, in this case business analytics, could potentially help a business to determine ASN timeliness, Invoice Accuracy, Price Variance and so on. If there are any exceptions or errors then the business can take corrective action and resolve any problems much sooner. So, Business Analytics could be defined as delivering business process visibility required to make better decisions faster, spot and pursue market opportunities, mitigate risk and gain business agility. Applying operational and business analytics to a pool of billions of transactions flowing across a business network could transform the day to day work activities of supply chain, logistics and procurement professionals around the world. Let me briefly highlight two use cases for supply chain analytics. The retail industry is highly consumer driven and seasonal in nature which introduces significant fluctuations in the procurement process. Being able to monitor the volume of documents, by type, across a business network can potentially provide retailers with some interesting indirect insights into consumer demand in different markets around the world. Applying operational analytics, especially when applied to a few years of historical data could help to forecast potential order volumes and therefore allow retailers to be better prepared for seasonal fluctuations. Operational analytics, based on B2B transactions could potentially transform the retail industry, making it more responsive to consumer demands and ensure that inventory levels are aligned more accurately with expected demand levels. In the automotive industry, ‘ASN Timeliness’ is one of the most important variables measured to ensure that Just-in-Time production lines are running smoothly. ASN timeliness can be defined as the number of ASNs sent on time divided by the total number of shipments within a specified time period. Many automotive companies use ASN timeliness as the basis of monitoring the performance of their trading partner community. Applying business analytics in this case allows a car manufacturer to not only monitor supplier performance from an ASN delivery point of view, but also compare suppliers against each other to create a top ten ranking of delivery. What if you could monitor the ‘live’ transactions flowing across a business network and apply business analytics to monitor trends and exceptions before they impact the business? As shown by the ASN timeliness chart above you can use analytics to very quickly assess and compare the performance of your trading partners. Some car manufacturers use ASN timeliness as the basis of determining whether penalties or even contract termination should be applied. So in summary, applying analytics across trading partner information flowing across a business network could: Provide a complete 360 degree view of supply chain activities Offer deeper insights into transaction based trading partner activities Provide earlier identification of exceptions, allowing corrective action to be taken sooner and prevent supply chain disruptions Allow more informed business decisions to be made The  two examples above are based on company specific transactions flowing across a business network, but what about looking at a community as a whole? Applying analytics to an entire community of companies connected to a business network could provide some interesting insights into business/industry activity as a whole. Every month the manufacturing industry, one of the main contributors towards a country’s GDP, waits to hear from global economists as to how each country around the world has performed. The Purchasers Managers Index (PMI) measures eight key metrics each month, for example number of new orders, stock levels, production output and changes in employment levels. A PMI number above 50 signifies that a country is in growth and a number below 50 signifies contraction. Three periods of contraction will normally signify that a country is going into recession. The numbers below relate to the January 2016 manufacturing PMI numbers for the G8 member countries. You can quickly see here that Japan and Italy tied in January as the fastest growing economies in relation to manufacturing PMI. OpenText™ Trading Grid connects over 600,000 companies, and processes over 16 billion transactions with a commerce value of over $6.5 trillion. Applying analytics to this scale of transaction volumes could provide deep and very rich insights at both industry and country level as to what is happening from a business growth or contraction perspective. If you were to apply analytics to a community of trading partners on this scale then in theory our results should be broadly in line with the PMI trends, especially as many of the order volumes for example being measured as part of the PMI process are actually moving across our Trading Grid infrastructure as EDI transactions. I have only scratched the surface in this blog about how analytics can be used to provide operational, business, customer and community-related insights to supply chain operations and further blogs over the next few months will take a closer look at each of these areas. If you would like to see how analytics can be used in a different situation, in this case to monitor the US elections coverage, take a look at our Election Tracker. Also take a look at Trading Grid Analytics, a new breed of embedded analytics that provide insights across entire business flows.

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Enterprise Challenge #41 Only 182 of my 360 Degrees are in Focus

digital disrupt webinar

Like so many words in the English language, the word visibility can mean different things depending on the context. The Oxford Dictionary defines visibility as the “state of being able to see or be seen.” For example, when we see a weather report, visibility is the distance at which objects can clearly be seen. But what does it mean when discussing the supply chain? In the supply chain context, we can “see” visibility in a couple of ways to support the goal of driving a more efficient supply chain. Supply chain visibility is the ability to see what is happening now—to know the status of each and every order, shipment and invoice—especially when the status is ‘red’ and needs risk mitigation, or if there is an untapped opportunity to pursue. This visibility allows an enterprise to make quick adjustments to keep their supply chain moving. For instance, a manufacturer in Detroit, Michigan can send a purchase order to its supplier in Japan, receive an electronic document that the item is out-of-stock, and immediately react by sending the purchase order to an alternative supplier in Brazil – all in just minutes. Armed with this information, businesses can effectively manage bottlenecks, plan for delays, and proactively manage customer expectations. In short, they can resolve issues before they have a negative impact on business performance. Without this visibility, it could take days to realize your stock of an item is about to be depleted with no replacement on order – resulting in lost sales because of disrupted production schedules or failure to meet customer demand. This scenario assumes digital exchange of information to speed transaction flow and enable automation. That is what OpenText does. We provide solutions that enable the digital exchange of information between buyers, suppliers and other supply chain partners. OpenText B2B Managed Services handles the complexity of connecting to trading partners of all sizes and digital capabilities. And OpenText Trading Grid—the largest B2B network in the world—provides the Cloud foundation for global information exchange. Supply Chain Visibility is also the ability to look back and analyze performance over time (which, in turn, provides the foundation to look forward and predict). Buying organizations need visibility into frequency of order errors or late deliveries by suppliers. These metrics provide the information needed to help identify potential problems in the supply chain and make adjustments. For example, consider a reliable supplier who has more recently been missing delivery deadlines and sending incomplete orders. The supplier’s change in behavior may indicate a need to change terms with the supplier or, if the behavior continues, may indicate the need to consider alternative suppliers. Without this visibility, you could miss a seasonal sales opportunity – again resulting in lost sales – because you are relying on a supplier who has trouble meeting deadlines. To help with this visibility, OpenText has added supplier performance metrics to OpenText Active Orders. Active Orders enables digitizing and automating supply chain processes with small and medium-size suppliers that are not ready or able to implement traditional EDI or B2B integration through a simple, intuitive web portal. Data from digital trading partners can also be captured, giving you a complete view of all suppliers. With metrics on supplier performance, manufacturers are able to manage underperforming trading partners—ultimately mitigating risk to business performance—and determine the most strategic trading partners to do more business with.  

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How B2B Automation Helps to Develop Greener Supply Chains

green banking

Developing a greener and more sustainable supply chain has been on the agenda of CEOs for many years and in fact just looking back through my archive of blogs that I have written over the years, the first green related blog that I wrote was in 2007. This was at a time when companies were being made to think more carefully about how they design their supply chains to help reduce carbon emissions. Back then, our company issued supply chain sustainability assessments to demonstrate how much greener a business would become by automating their manual B2B transactions by sending them electronically across our global B2B network, Trading Grid. Even though sustainability has pretty much become engrained within every CEO’s corporate agenda now, I just thought it would be useful to remind you of the benefits of B2B automation. Using a very smart website developed by the Environmental Paper Network, a coalition of over 100 non-profit organizations working towards the sustainable production and consumption of pulp and paper, it is possible to calculate the environmental savings that can be made by removing paper based transactions from a business. Each transaction would use the same size piece of paper, ie an invoice, purchase order etc and each electronic transaction equates to 2 pieces of paper. Rather than having an exhaustive maths lesson on how I derived the figures below, I have merely highlighted the key figures for each of the two scenarios, but I can provide evidence of my calculations if you need it 🙂 Scenario 1 – a manufacturing company currently processes 1 million invoices per year across their European based supply chain. Using the criteria above, this then equates to a total paper weight of 9 metric tons or the equivalent of 228 trees. Now by automating these 1 million paper based transactions via a B2B network such as Trading Grid, it will provide the following reduction in the company’s impact on the environment. Reduction in Net Energy Used The Paper Calculator includes an energy credit for energy that is created by burning paper – or the methane that decomposing paper creates – at the end of its life. The Net Energy takes the total amount of energy required to make the paper over its life cycle, and subtracts this energy credit. If most of the energy used to make the paper is purchased, then the energy credit might make the Net Energy lower than the Purchased Energy. The average U.S. household uses 91 million BTUs of energy in a year. – Scenario 1 saves 375 million BTU’s, the equivalent of about 4 homes/year Reduction in Greenhouse Gas Emissions Greenhouse gases, including carbon dioxide (CO2) from burning fossil fuels and methane from paper decomposing in landfills, contribute to climate change by trapping energy from the sun in the earth’s atmosphere. The unit of measure is CO2 equivalents. The average car emits 11,013 pounds of CO2 in a year. – Scenario 1 saves 55,877 pounds CO2 equiv., the equivalent of about 5 cars/year Reduction in Water Consumption Water Consumption measures the amount of process and cooling water that is consumed or degraded throughout the life cycle of the paper product. The largest components of water consumption come from the production of purchased electricity, and the use of process and cooling water at pulp and paper mills. Water volume indicates both the amount of fresh water needed and the potential impact of discharges on the receiving waters. 1 Olympic-sized swimming pool holds 660,430 gallons. – Scenario 1 saves 186,117 gallons, the equivalent of < 1 swimming pool Reduction in Solid Waste Includes sludge and other wastes generated during pulp and paper manufacturing and used paper disposed of in landfills and incinerators. 1 fully loaded garbage truck weighs an average 28,000 pounds (based on a rear-loader residential garbage truck) – Scenario 1 saves 22,215 pounds, the equivalent of < 1 garbage truck/year Scenario 2 – OpenText Trading Grid, the world’s largest cloud based B2B network, connects over 600,000 businesses and processes over 16 billion transactions per year. So assuming we are removing the equivalent number of pieces of paper from a supply chain this would equate to a total paper weight saving of 145,151 metric tons or the equivalent of 3,647,010 trees per year. I think you will agree these numbers are quite astounding, but let’s look at the environmental impact for the equivalent paper based transactions: Reduction in Net Energy Used – Scenario 2 saves 6,008,526 million BTU’s, the equivalent of about 66,022 homes/year Reduction in Greenhouse Gas Emissions – Scenario 2 saves 894,034,654 pounds CO2 equiv., the equivalent of about 81,175 cars/year Reduction in Water Consumption – Scenario 2 saves 2,997,875,351 gallons, the equivalent of about 4,511 swimming pools Reduction in Solid Waste – Scenario 2 saves 355,449,950 pounds, the equivalent of about 12,701 >garbage trucks/year So as you can see, the numbers speak for themselves, automating supply chain based transactions can help your business to develop a greener and more sustainable supply chain. In my next blog I will discuss how moving from software to a cloud based B2B environment can help to develop greener supply chains.

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How Today’s Engineers are Embracing a Virtualized Digital First World

In today’s digital first world, companies face a continuous challenge to ensure that mission critical business information can be accessed anytime, anyplace or anywhere. In order to access digital information, IT infrastructures must cater for a variety of computing platforms with varying levels of performance, mobility and graphics capabilities. In an earlier blog article I discussed how the distribution of digital information has slowly become more pervasive across the manufacturing business. I highlighted how traditionally the design department of a manufacturing company was seen as the early adopter of new technologies. Design based information is typically large in file size and is graphically intensive with real-time rendering being required to visualize 3D product related designs. This presents a challenge when trying to view large 3D CAD models across different hardware platforms. Over the years, as technology has advanced, more and more departments have been able to access digital information in different ways and this has introduced a number of challenges: Ensuring the security of information so as to avoid unexpected security leaks Providing a way to adhere to regional data sovereignty laws so that information can be retained in-country or in-region Deciding whether digital information should reside on a behind-the-firewall server infrastructure which is only accessible via a VPN connection or hosted in a cloud-based infrastructure for greater accessibility Driving a balance between application performance and IT infrastructure costs to ensure that applications are available 24/7 and the business is not impacted due to a network outage or slow connectivity to remote users of network resources Making certain that engineering-based users, irrespective of location, have access to design-based applications and there is no lag in performance of the applications used, especially when manipulating complex 3D graphics When I started working for one of the leading CAD/CAM software vendors in the early 1990s, all design-based applications were hosted on UNIX workstations, at that time a mix of Silicon Graphics, DEC Digital, HP, Sun Microsystems and IBM machines. Fortunately my company had very good relationships with the hardware vendors and we were able to get the latest workstations for demonstration purposes. Our 3D graphics based applications at that time were ideal for showing off the performance of the UNIX workstations. However from a customer point of view, these workstations were very expensive and unless you were the size of company such as Ford, Boeing or Caterpillar, then it was difficult to get access to sensibly specified UNIX workstations for running CAD/CAM applications. Over the last twenty years, PC-based workstation technology began to improve exponentially and some of the larger discrete manufacturers started to make the shift towards PC-based hardware solutions; and this had a knock on effect with the UNIX market. Coming from the EDI side of OpenText’s business, I know the importance of some of the more ‘mature’ technologies. Companies will not stop using EDI and other mature technologies because they offer benefits that no other technology can offer in the market and the same can be said of UNIX workstations. Over the years I have seen a split in the market. Automotive, aerospace and heavy industrial companies have been using Product Lifecycle Management (PLM) solutions from PTC, Dassault and Siemens and are today running these applications on highly specified PC-based platforms. However in the high tech and energy sectors, particularly oil and gas, there is still a very heavy dependence on using UNIX-based workstations, especially in a virtualized environment. But why is there a difference in UNIX versus PC usage between these different industries? Typically in the automotive, aerospace and industrial sectors, manufacturers will produce complex 3D models of their final products. These 3D models are being used for downstream manufacturing processes such as CNC machining or 3D printing and other business processes such as marketing. The products manufactured in these industries lend well to being viewed in multi-platform viewing tools, for example taking a customer on a virtual tour of their new car, simply by using fly through viewing technology on an Apple iPad. Manufacturers can use PLM technology to build complete virtual models of their products and in addition to manufacturing and marketing, this digital information can be used for real-time simulations and even for through-life service and support applications. A whole eco-system has evolved to support these particular PLM solutions in PC-based environments. One of the reasons for this is due to the customer need to access digital information about a product through any type of platform, from PCs, tablets and all the way through to smartphone devices. By comparison, the high tech industry uses Electronic Design Automation (EDA) tools to design the circuity on their silicon chips. Running simulations is another common requirement across semi-conductor manufacturers, being able to test circuit designs and ensure that chips are operating per their intended design parameters. Both of these design related processes require high powered workstations to complete the work in a timely manner. The oil and gas industry also performs numerous different types of simulations with analysis of ‘seismic surveys’ being one of the most common. Being able to analyse seismic surveys to construct 3D models of rock formations in near real time to help identify potential pockets of oil and gas can significantly speed up the overall exploration process. But how can remote UNIX users ensure that they can get un-interrupted access to networked UNIX resources in order to run such simulation processes? In another scenario, what if Shell for example was working with external design partners such as Halliburton on a new oil processing plant and these partners needed joint access to 3D design information? What if the design partner did not have access to UNIX workstations, let alone the design applications to open up the 3D CAD models? Today’s design environments are truly collaborative in nature and this is why a virtualized UNIX environment offers many benefits for companies operating in the high tech and oil and gas sectors. UNIX workstations have long been regarded as the design automation workhorse of these industries which is why today; UNIX workstations are still being used extensively in these particular industry sectors. There is another reason why UNIX workstations are so popular in the oil and gas sector. This sector has traditionally retained staff for a long period of time and many design staff will have been in the industry when UNIX workstations started to take over from mainframe-based environments in the late 1980s. However energy and high tech companies face another challenge when compared with their peer companies in the discrete manufacturing sectors mentioned above, the flexibility that PC-based platforms have over UNIX. But there is a solution which I will discuss in a moment. Over the last twenty years manufacturers have globalized their operations to support their customers, entering new markets such as China or India. They would typically establish new manufacturing plants and in some cases establish regional design offices to support local customer needs. For example in China the consumer typically prefers to be driven rather than drive the cars themselves. Many car manufacturers have setup remote design offices in China, requiring them to buy high-end, PC-based workstations and PLM design software licenses to run on those PC workstations. So this is great news for the discrete manufacturer who can scale up their design function quite easily by adding more PCs to their network infrastructure, but what about the semi-conductor manufacturers and oil and gas companies that also need to diversify into new markets and globalise their operations? How can they scale up their UNIX infrastructure to support the needs of their global business? As companies globalize their operations, they need to provide remote access to network resources such as the design applications used across the high tech and oil and gas sectors. For example Cadence and Intergraph respectively provide design applications for these particular industries, but how do you scale your UNIX-based design infrastructure without adding significant costs to your business, i.e., purchasing more UNIX workstations and at the same time not compromising on network security? The high tech industry has been plagued with network hacking issues over recent years. Designs for the latest semi-conductor chips are stolen from corporate networks and before you know it a cloned semi-conductor chip has been manufactured in the Far East. But if you need remote access to a UNIX based infrastructure how can you ensure that the connectivity between the remote user and the location hosting the UNIX application is secure? My first experience of using a virtualized computing infrastructure was back in the late 1990s when Sun Microsystems introduced their Java based Ray workstations. You popped your smart card into the Ray workstation, this provided a form of identification to the workstation, and you were then presented with a thin client that was able to access UNIX applications hosted in a remote data centre location. At the time I was building complex demonstration environments and the Sun Ray offered a unique way to access information that would traditionally have required a full blown UNIX workstation. Now admittedly the processing power on the early Ray workstation was not great for manipulating graphics and in fact later in its life the Sun Rays were used for running more general business applications rather than high end PLM solutions. But the concept of running applications remotely on thin clients was certainly a great idea and one which is still in wide use to this very day, especially in the high tech and energy sectors. However the technology used to run remote UNIX applications has moved on considerably. Here at OpenText, we offer a number of solutions to help companies manage, archive and access their digital information, irrespective of the type of platform you might be running on. OpenText Exceed VA TurboX, ETX, is a remote access connectivity solution, which allows organizations to deploy UNIX applications virtually to their users by keeping them running on UNIX servers, while allowing users to remotely access them through a web browser and achieve the same user experience than if they had the application installed on their desktop, no matter the distance between them and the data centre, both securely and centrally managed. ETX is ideal where the user needs to run high performance applications:- UNIX applications are accessible from anywhere in the world with no decline in performance, always secure and centrally managed ETX lets people work and collaborate virtually on UNIX applications from Windows, Linux and UNIX desktops anywhere in the world It removes the limitations and the complexity of traditional remote access solutions by offering the fastest connection to your business wrapped in a uniquely intuitive user experience Designed for the enterprise data center, it improves the security, manageability and availability of your UNIX applications So whether your business is in high tech, oil and gas or other industry sectors such as financial services where virtualised platforms can help reduce operational costs across your IT infrastructure, ETX can help companies take a big step into the digital first world. ETX allows companies to get products to market or deliver capital projects to their customers in a much shorter timeframe. Companies are able to improve how computing resources are deployed and it allows a centralized, private cloud to be established. ETX allows employees to be more productive through 24/7, global access to corporate business information and finally this is all achieved through a highly secure and regionally compliant solution. If you would like a free trial and further information on our ETX solution then please visit our dedicated web page by clicking here.

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EDI and B2B Insights – What Kinds of Analytics Do I Need?

In my last blog, Why Your EDI and B2B Processes Need Analytics, I provided examples of the kind of B2B analysis questions that you need to have answers for in order to improve competitiveness in your business. I have found three pre-requisites that will create value from your B2B data via analytics: A foundation of good-quality B2B data for analysis. If you are already automating your B2B processes, you are likely to have some of this critical data already upon which your analysis can be based. The definition of what you want to measure and how the results can be visualized in a way that enables you to understand trends, markets, customers and suppliers. I provided some examples of these in my last blog, Why Your EDI and B2B Processes Need Analytics. The analytics tools to deliver the B2B data visualizations you need and that can help you to engage decision-makers. Below is a “ladder” of the types of analytics capabilities in sequence from the fundamental capabilities at the bottom to the advanced capabilities at the top. Most companies are beginning to incorporate the first few capabilities at the bottom rungs of the ladder, and will need to start to plan how to incorporate those at the top in order to successfully compete in their chosen markets. Standard Reports – these are pre-defined, configurable reports that provide key information about files and transactions you exchange with your trading partners. These typically include powerful capabilities to sort, filter, save, schedule and distribute. For example, you may wish to see a monthly report of all orders received from all your customers. Adhoc Querying & Reporting – this is the capability to search and generate custom reports on your B2B transactions by document type, trading partner, date, time, status, and more. You can define the fields to include on the report and tailor it to your specific needs. Dashboards and Alerts– These provide both the timely “track and trace” data needed to address exception conditions and the summary data needed to identify performance trends, drill down to view specific details and export the data through integration with Microsoft Office. For example, below is a transaction dashboard that provides a visual summary of transaction activity and exception situations. Furthermore, it provides volume trends by document type and trading partner. So now, at a glance you can see which transactions need your immediate attention (e.g. purchase orders that have not been acknowledged), which documents account for the highest volume (e.g. invoices are in the 2nd spot after carrier shipment statuses), and which trading partners account for the highest transaction volumes. Configurable Dashboards – This provides the ability to integrate and combine EDI and non-EDI data from various applications and gain insights into supply chain trends concerning reliability, responsiveness, flexibility, trading partner performance, e-invoicing performance, etc. In addition, these dashboards can be integrated with workflows based upon user-defined rules. For example, if the dashboard shows that order volume from a customer drops by 20% over a month, it can trigger a user-defined business process and/or send a notification to specific users in the organization. Predictive Modelling – This is an advanced capability that few businesses have today, but which is now possible with the latest analytics technology. Sophisticated statistical models that analyze B2B data available from various applications can help you forecast trends and needs in inventory management, logistics and all other areas requiring strategic planning. Scorecards – This is a visual display of Key Performance Indicators (KPIs), such as order acceptance, invoice accuracy, delivery punctuality, ASN timeliness, and fill-rate. The scorecard enables you to measure, evaluate and analyze supplier performance. This information can then be used by buyers and suppliers during negotiations when justifying business awards and pricing. Benchmark / Index – This capability benchmarks an organization’s performance against the industry and provides insight into those processes that trail or exceed your competition, thus enabling your organization to take appropriate action. If this blog has interested you and you would like to learn more, click here to watch this new on-demand webinar, Using Analytics to Unlock the Value of your B2B Data.

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OpenText Study Proves that B2B Integration Significantly Improves Supply Chain Performance

Over the past few months I have posted a few blogs highlighting the results from a new OpenText sponsored study by IDC Manufacturing Insights. The study demonstrated that there is a direct correlation between how increased adoption of B2B Integration technologies directly improves supply chain performance. In fact take a look at how key supply chain metrics are improved through the adoption of B2B integration technologies. To wrap up this project I just wanted to highlight how you can download further information about this study. The following link will allow you to access a recorded version of the webinar that we hosted with IDC in early March, a copy of the webinar slides, the executive white paper and finally the infographic shown below. IDC created the infographic to help illustrate some of the key findings from the study. Click here to access this content. Finally, if you would like to access the various blogs that I have written in support of this new study then please click on the following links :- General Introduction to the Study Automotive Industry Findings High Tech Industry Findings CPG Industry Findings  

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Why Your EDI and B2B Processes Need Analytics

Once your B2B business processes are automated and transactions are flowing electronically (usually leveraging EDI and XML), you will need to have visibility into those transactions in order to speed up your decision-making, respond quickly to changing customer and market demands, and optimize your business processes.  This type of actionable business insight into your B2B transaction flows is exactly the kind of information you need at your fingertips to remain a competitive leader in your market. There are several types of information – analytics – to which you need quick and easy access in order to make informed and actionable business decisions. According to a recent Aberdeen Group report (1), 65% of companies indicated that they need to improve their analytics capability. And half of all the companies said they are not spending enough on analytics capabilities.  The study also showed that high-performing businesses are three and a half times more likely to use analytics than low performers. Imagine that you are the buyer in an ordering transaction. The analytics capabilities you want will provide answers to questions such as: When will the goods I ordered be delivered? Will there be a shipment delay? What percent of my B2B suppliers are sending me advance ship notices on-time? What are the top document types I’m exchanging with my suppliers? Who are my top suppliers and how many transactions have I completed with them? Who are my top- and bottom- performing suppliers based on specific KPIs (such us complete orders, accurate shipments, on-time deliveries) Now, imagine that you are the supplier in an ordering transaction. You want  answers to questions such as: Has my customer submitted the order I’ve been awaiting? Was my order accepted? Has my invoice been paid? Which of my customers sent me the most orders during the holiday season? Which of my customers send me lots of changes to their purchase orders? Which of my customers pay on time; which ones pay late? For which customers has the order volume increased or decreased by more than 20% over the last 6 months? Armed with the insights from these capabilities you can: Immediately react to exception conditions to avoid problems, such as late deliveries that would negatively impact your customer service, increased costs due to expedited service requirements or increased inventory Evaluate the performance of suppliers against KPIs and then proactively collaborate with them to improve performance and lower costs Award more business to your high performers, based on quality, timeliness, and other key performance indicators Ensure that future sourcing negotiations take performance and quality into account – e.g. when you are the buyer you can negotiate for lower prices in return for more orders with your best suppliers; as a supplier you can highlight excellent performance in requesting more business from your customers. Manage more partners more effectively with automated processes and scoring/analysis tools In my next blog I will describe the different types of analytics that can be applied to obtain these types of critical B2B process insights. To learn more about the steps in the journey to unlock the value of your supply chain data, attend this webinar on Thursday, April 9, 2015: Using Analytics to Unlock the Value of Your B2B Data.  Register Now >> (1) Bob Heaney, “Supply Chain Intelligence: Descriptive, Prescriptive, and Predictive Optimization,” Aberdeen Group, February 2015

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Step Aside Cloud, Mobile and Big Data, IoT has just Entered the Room

Mark Morley

This article provides a review of the ARC Advisory Group Forum in Orlando and expands on the ever increasing importance of analytics in relation to the Internet of Things The room I am referring to here is the office of the CIO, or should that be CTO or CDO (Chief Digital Officer), you see even as technology is evolving, the corporate role to manage digital transformation is evolving too. Since 2011, when Cloud, Mobile and Big Data technologies started to go mainstream, individual strategies to support each of these technologies have been evolving and some would argue that in some cases they remain separate strategies today. However the introduction of the Internet of Things (IoT) is changing the strategic agenda very quickly. For some reason IoT as a ‘collective & strategic’ term, has caught the interest of the enterprise and the consumer alike. IoT allows companies to effectively define one strategy that potentially embraces elements of cloud, mobile and Big Data. I would argue that in terms of IoT, cloud is nearly a commodity term that has evolved into offering connectivity any time, any place or anywhere. Mobile has evolved from simply porting enterprise applications to HTML5 to wearable technology such as Microsoft HoloLens, shown below. Finally Big Data which is broadening its appeal by focussing more on the analytics of information rather than just archiving huge volumes of data. In short, IoT has brought a stronger sense of purpose to cloud, mobile and Big Data. Two weeks ago I was fortunate to attend the ARC Advisory Group Forum in Orlando, a great conference if you have an interest in the Industrial Internet of Things and the direction this is taking. The terminology being used here is interesting as it is just another strand of the IoT, I will expand more on this naming convention a bit later in this post. There were over 700 attendees to the conference, and a lot of interest, as you would expect from industrial manufacturers such as GE, ABB, ThyssenKrupp & Schneider Electric. These companies weren’t just attending as delegates, they were actually showcasing their own IoT related technologies in the expo hall. In fact it was quite interesting to hear how many industrial companies were establishing state of the art software divisions for developing their own IoT applications. For me, the company that made the biggest impact at the conference was GE and their Intelligent Platforms division. GEIP focused heavily on industrial analytics and in particular how it could help companies improve the maintenance of equipment, either in the field or in a factory by using advanced analytics techniques to support predictive maintenance routines. So how does IoT support predictive maintenance scenarios then? It is really about applying IoT technologies such as sensors and analytics to industrial equipment and then being able to process the information coming from the sensors in real time to help identify trends in data and how it is then possible to predict when a component such as a water pump is likely to fail.  If you can predict when a component is likely to fail, you can replace a faulty component as part of a predictive maintenance routine and the piece of equipment is less likely to experience any unexpected downtime. In GE’s case they have many years of experience and knowledge of how their equipment performs in the field and so they can utilise this historical data as well to determine the potential timeline of component failure.  In fact GE went to great lengths to discuss the future of the ‘Brilliant Factory’. The IoT has brought a sense of intelligence or awareness to many pieces of industrial equipment and it was interesting learning from these companies about how they would leverage the IoT moving forwards. There were two common themes to the presentations and what the exhibitors were showcasing in the expo hall. Firstly cyber-security, over the past few months there has been no end of hacking related stories in the press and industrial companies are working very hard to ensure that connected equipment is not ‘hackable’.  The last thing you want is a rogue country hacking into your network, logging into a machine on the shopfloor and stealing tool path cutting information for your next great product that is likely to take the world by storm.  So device or equipment security is really a key focus area for industrial companies in 2015.  Interestingly it wasn’t just cyber-security of connected devices that was keeping CIOs awake at night, a new threat is emerging on the horizon.  What if a complete plant full of connected devices could be brought down by a simple Electro Magnetic Pulse (EMP) threat, this was another scenario discussed in one of the sessions at the conference. So encryption and shielding of data is a key focus area for many research establishments at the moment. The second key theme at the conference was analytics. As we know, Big Data has been around for a few years now but even though companies were good at storing TBs of data on mass storage devices they never really got the true value from the data by mining through it and looking for trends or pieces of information that could either transform the performance of a piece of equipment or improve the efficiency of a production process.  By itself, Big Data is virtually useless unless something is done which results in actionable intelligence and insight that delivers value to the organisation. Interesting quote from Oracle,93% of executives believe that organisations are losing revenue as a result of not being able to fully leverage the information they have. So deriving value from information coming from sensors attached to connected devices is going to become a key growth sector moving forwards. It is certainly an area that the CIO/CTO/CDO is extremely interested in as it can directly impact the bottom line and ultimately bring increased value to shareholders. I guess it is no surprise then that the world’s largest provider of Enterprise Information Management solutions, OpenText, should acquire Actuate, a leading provider of analytics based solutions. Last week the Information Exchange business unit of OpenText, which has a strong focus on B2B integration and supply chain, launched Trading Grid Analytics, a value add service to provide improved insights into transaction based information flowing across our cloud based Trading Grid infrastructure. With 16 billion transactions flowing across our business network each year there is a huge opportunity to mine this information and derive new value from these transactions, not just in the EDI related information that is being transmitted between companies on our network. Can you imagine the benefits that global governments could realise if they could predict a country’s GDP based on the volume of order and production related B2B transactions flowing across our network? Actuate is not integrated to Trading Grid just yet but it will eventually become a core piece of technology to analyse information flowing across not just Trading Grid but our other EIM solutions.  It is certainly an exciting time if you are a customer using our EIM solutions! Actuate has some great embedded analytics capabilities that will potentially help improve the overall operational efficiency of connected industrial equipment. In a previous blog I mentioned about B2B transactions being raised ‘on device’ , well with semi-conductor manufacturers such as Intel  spending millions of dollars developing low power chips to place on connected devices, it means that the device will become even more ‘intelligent’ and almost autonomous in nature.  I think we will see a lot more strategic partnerships announced between the semi-conductor manufacturers and industrial equipment manufacturers such as GE and ABB etc. Naturally, cloud, mobile and big data plays a big part in the overall success of an IoT related strategy. I certainly think we will see the emergence of more FOG based processing environments.  ‘FOG’ I hear you ask?, yes another term I heard at a Cisco IoT world forum two years ago.  Basically a connected device is able to perform some form of processing or analytics task in a FOG environment which is much closer to the connected device than a traditional cloud platform.  Think of FOG as being half way between the connected device and the cloud, ie a lot of pre-processing can take place on or near the connected device before the information is sent to a central cloud platform. So coming back to the conference, there was actually another area that was partially discussed, the area of IoT standards.  I guess it is to be expected that as this is a new technology area it will take time to develop new standards for how devices are connected to each other and standard ways for transporting, processing and securing the information flows. But there is another area of IoT related standards that is bugging me at the moment!, the many derivatives of the term IoT that are emerging.  IoT was certainly the first term defined by Kevin Ashton, closely followed by GE who introduced the Industrial Internet of Things, Cisco introducing the Internet of Everything and then you have the German manufacturers introducing Industry 4.0.  I appreciate that is has been the manufacturing industry that has driven a lot of IoT development so far but what about other industries such as retail, energy, healthcare  and other industry sub-sectors?  Admittedly IoT is a very generic term but already it is being more associated with consumer related technologies such as wearable devices and connected home devices such as NEST.  So in addition to defining standards for IoT cyber security, connectivity and data flows, how about introducing a standard naming convention that could support each and every industry? As there isn’t a suitable set of naming conventions, let me start the ball rolling by defining a common naming convention!  I think the following image nicely explains what I am thinking of here. In closing, I would argue, based on the presentations I saw at the ARC conference, that the industrial manufacturing sector is the most advanced in terms of IoT adoption. Can you imagine what sort of world we will live in when all the industries listed above embrace IoT, one word, exciting! Mark Morley currently leads industry marketing for the manufacturing sector at OpenText.  In this role Mark has a focus on automotive, high tech and the industrial sectors. Mark also defines the go-to-market strategy and thought leadership for applying B2B e-commerce and integration solutions within these sectors.

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