As companies have embraced big data strategies, they are now moving on to even greater use of the data through the Internet of Things (IoT). The Internet of Things concept is to have nearly every device connected to enhance the customer’s experience and to enable manufacturers and distributors to track the effectiveness of their products throughout their life cycle. Everything from cars to mattresses to appliances will send continuous streams of data in real-time.
According to Gartner projections, there will be 4.9 billion “connected things” this year. In five years, that is projected to be 25 billion. If this sounds like a trendy fad, consider that nearly 4 out of 5 of American companies have IoT initiatives in place today (TATA Consulting Services).
The most common-used IoT technology are mobile apps, digital cameras, digital scanners and sensors. Manufacturers and distributors who have embraced mobile technology in their warehouse management are in a better strategic position to take advantage of IoT. They are experiencing reduced machinery downtime (as they are automatically alerted to system and machine errors), increased quality, less waste, and greater visibility through improved analytics.
Implementing IoT, as a part of your warehouse management, requires data collection, storage and analysis. Scanco offers the technology you need to collect data in the warehouse or in the field. Through seamless integration to Sage 100 (formerly MAS 200 ERP), your data can be analyzed and used throughout your company.