Customer centricity has been the main theme for any business model that Industrial sector is witnessing. Achieving customer centricity in a business to business (B2B) model warrants modernization of B2B operations, such as network consolidations to reduce costs and improve efficiencies. This increasingly demands connectivity to global manufacturing hubs located in matured and emerging markets. Flexible architecture, consolidation of ERP systems, and upgrade to "As a Service" business models are driving industry projects. Increasing demand of supply chain resilience and sustainability are demanding centralized command centers, control towers and predictive analysis.
At the end, the Internet of Things is causing a technological revolution and enterprises are seeking for experiential data to maintain profitably with evolving business and operating models stemming from the advanced IoT technologies. Disruptive innovation warrants precision. Operational challenges occur when machines fail to execute if timing is off by seconds. Synchronizing machine, people, and networks are key challenges and in turn opportunities, that will addressed in this white paper.
Themes of IOT and a Point of View (POV):
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