2015: The Internet of Things, Big Data & Cloud Computing
Internet of Things (IoT)... Big Data… Cloud Computing… are these only big buzzwords for 2015 or are they a sign of a real technological revolution? In 2015, approximately 4.9 billion “things” will be connected to the internet, and to one another, to power up the IoT. By 2020, this number is expected to reach anywhere from 25 billion (Gartner) to 75 billion (Morgan Stanley) connected devices, fueling a $3 trillion industry. We’re talking serious technological and business transformation… not just buzzwords.
While more and more “things” are connected everyday, an increasing volume of data of varied types will need to be processed at faster rates. This is what we call ‘big data’. Several companies, mostly startups, are pioneering through this quickly-developing environment to basically define the IoT. “At the pace they move, these companies rely heavily on cloud-based technology because they’re the only services that allow for quick innovation,” states Brian Roepke, Director of Product Lifecycle Management and Product Data Management at Autodesk (1). The rest of the market will need to keep up with the IoT revolution. In all cases, cloud computing provides, not only the flexible infrastructure to support the IoT and its massive data, but also provides sophisticated tools to drive innovation faster. Across the two hundred US senior executives using cloud-based softwares that were surveyed by global industry analyst firm Frost & Sullivan, 81% said that the cloud represents a competitive advantage over non-cloud using rivals - especially for entering new markets and quickly adapting to change (2).
Cloud-based Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Product Lifecycle Management (PLM) systems provide the most efficient ways to spur finances, sales & marketing and product development. It is ERP Guru’s mission to free companies from their hardware and to offer simple and affordable cloud-based solutions. Our portfolio includes NetSuite (ERP & CRM), Salesforce (CRM) and PLM 360 (PLM) for fast configuration and deployment, to shape your company’s competitive edge. Don’t simply follow the revolution… drive it!
NetSuite™: IoT and Supply Chain Automation
“Today, more than 20,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud” (2). NetSuite is THE reference cloud financials, ERP and omni-channel eCommerce solution. It will also prove to be a key platform in the great impact that the IoT will have on how the supply chain operates. As warehouse devices are connected and enabled to communicate with one another, they will directly track orders, fulfill and ship them, while mitigating the bottlenecks and eliminating human errors. These machine-to-machine transactions must be connected to the right management system to reach seamless processes and still provide personalized customer experience. NetSuite understands this vision and is ready for the evolution of business operations.
Salesforce™: Use the IoT and big data for new ways to connect with your customers
The massive data generation that goes along with the IoT (big data) obviously includes sales data. Smart consumer goods that continuously collect, store and analyze information on behaviors, choices and usage will provide an unlimited (and accessible) goldmine for marketing and sales professionals. Easy exchange of sales data, instantaneous customer analysis, and prediction of social media trends are some of the IoT enhancements to marketing strategies that can be harnessed by Salesforce. To push the IoT possibilities further, Salesforce provides open APIs that can be leveraged by developers to build smart and social apps on top of the Force.com platform.
Autodesk™ PLM 360: Skyrocket the connected device development and productivity
Autodesk already counts a number of exciting IoT companies that chose PLM 360 to bring new innovative products to market. The easily configurable workspaces and workflows allow for the development of a flexible and agile environment enabling quick time to market that fast-paced companies need.
Cloud-based ERP + CRM + PLM = Fully integrated environment for IoT
ERP Guru is not only positioned to provide top of the line services for NetSuite, Salesforce and Autodesk PLM 360 but also to ensure these systems are effectively integrated. Year 2015 is highly promising for cloud-based technologies, contact ERP Guru for the tools you need for your business transformation.
Posted by Marlee Rabin