Unless you have been living in a remote cave for the past two years, you will have noticed that the Internet of Things is now on the top of every CIO’s agenda. When I posted my first blog on the IoT in 2013, IoT had relatively low media coverage and then boom, it has become the must have IT strategy of the decade.
Today, it is very easy to get lost in the digital disruption being caused by the IoT, so I thought it would be useful to just go back to basics for a few minutes and highlight some of the features and supply chain related applications for the IoT.
The first video in my Digital-First World series for manufacturing discussed how the manufacturing industry has been moving towards the Digital-First World and I thought it would be very relevant to follow this video with my second one which focusses on IoT. Click here to watch.
A day doesn’t go by when a press release goes out promoting another IoT related project somewhere around the world and it can be quite easy to misunderstand what the IoT is all about. Hence the reason for producing this relatively short video. I have to say that I do find it amazing how IoT has managed to capture the imagination of businesses around the world, more so than some of the other technology trends in recent years. One thing is for sure, the IoT is here to stay!
Key to the success of the IoT is finding applications for how it can be embraced by businesses across different industry sectors. Recent reports highlight two industries where IoT has gained most traction, Manufacturing and Utilities. From a supply chain point of view, I certainly believe that the IoT will fundamentally change how supply chains operate. I have written a few blogs now on the subject of the IoT and I will be posting more IoT related materials during the course of this year.