From the course: IoT Foundations: Fundamentals

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Business systems

Business systems

From the course: IoT Foundations: Fundamentals

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Business systems

- The Internet of Things is changing business processes through the automated collection of business intelligence. Now IoT products can interface directly with business systems, circumventing the need to manually input and extract data. Interfacing products directly with the CRM system or Customer Relationship Management System enables the enterprise to track customer requirements and needs. If, for example, a tire manufacturer senses tire tread, they can notify the fleet manager when a tire is becoming unsafe and offer them a deal to replace it. Interfacing products directly with a PLM system or Product Lifecycle Management system can track product use and use this information to prioritize future features. If, for example, a lot of customers use their Smartwatch in the water, the manufacturer may prioritize the development of a water sports version. Interfacing products directly with the Supply Chain Management system, they can follow their progress through the entire supply chain…

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