Unlocking the Benefits of the Internet of Things (IoT)

The Internet of Things is a network of physical objects – vehicles, machines, home appliances, and more – that use sensors and APIs to connect and exchange data over the Internet.

IoT platforms and architecture

• Cloud-based IoT platforms and architecture connect the real and virtual worlds. They help companies manage IoT device connectivity and security – as well as collect device data, link devices to backend systems, ensure IoT interoperability, and build and run IoT applications. 
• Harnessing the IoT data explosion - Smart devices generate a massive amount of IoT data that needs to be analyzed and leveraged in real time. This is where predictive and Big Data analytics come into play. Machine learning is also used to add context to data – and trigger actions without human intervention.
• The Industrial Internet of Things (IIoT) & M2M - In manufacturing, the IoT becomes the Industrial Internet of Things (IIoT) – also known as the Industrial Internet or Industry 4.0. The IIoT uses machine to machine (M2M) technology to support everything from remote monitoring and telemetry to predictive maintenance.

Major Benefits of deploying an IoT Strategy

• New business models and revenue - Automatic product replenishment? Subscription services? Apps? The IoT is disrupting traditional business models and creating massive opportunities for companies to create new services based on real-time sensor data and information.
• Operational efficiency - One of the biggest benefits of the IoT is the efficiency it can offer. Many companies are using it to automate business and manufacturing processes, remotely monitor and control operations, optimize supply chains, and conserve resources.
• Workforce productivity - Wearables and other IoT-enabled devices are boosting workforce productivity and job satisfaction in many verticals. The technology is helping employees improve decision making, automate routine tasks, fast-track communication, and more.
• Enhanced customer experiences - From integrating customer care with actual product performance and usage to delivering highly personalized products and services, the IoT offers many ways to create more compelling customer experiences across digital and physical worlds.

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Ask Approyo: Can I simplify my IT landscape with an in-memory solution?

SAP HANA Platform vs. Disk-Based Database with In-Memory Cache

SAP HANA
YES - One copy of data for all requests

SAP HANA Platform simplifies IT landscapes by taking advantage of in-memory computing and by delivering application, database and integration services in one platform. By taking advantage of in-memory computing, it can efficiently process transactions,streams, graphs and advanced analytics, such as predictive,spatial and text, on the same system and on one copy of the data. Additionally, by delivering application, database and integration services in one platform, it reduces data movements and staging among operational systems and between database and application server. This results in better performance, a simplified IT infrastructure and lower administration costs.

Disk-Based Database with In-Memory Cache
NO - Multiple copies of data needed for different requests

Since disk-based databases are designed to manage data on disk, in-memory caches are deployed to accelerate data access.This involves the introduction of an additional technology layer as well as the synchronization and maintenance of multiple copies of data. As a result, the consumption of system resources, the burden of system administration and the complexity of the IT infrastructure increases

See the Benefits of SAP HANA today with Approyo!
Approyo can help your company deal with the changing world. Our SAP HANA and Big Data solutions address these important questions and more. Let us show you today! Set up a free consultation today.

 

Five Key Pillars for Digital Transformation

Business leaders need to digitally transform across five key pillars

Assets and Internet of Things - How can I better utilize my products and assets?

• Analyze sensor data from products, and deliver outcome-based experiences
• Monitor assets on the factory floor to predict failure and decrease downtime
• Gain instant visibility into whereabouts of in-transit materials to drive new scheduling efficiencies

Customer Experience - How can I deliver an omnichannel experience?

• Personally with one-to-one marketing
• Personalize products and offerings by slicing and dicing customer data on the fly
• Predict customer behavior, and make context-relevant product recommendations

Core Business Processes - How can I digitize my core?

• Move away from lengthy and time-consuming batch processes 
• React quickly to market signals happening in real-time across the value chain 
• Connect my enterprise to people, devices, business and social networks

Workforce Engagement - How can I better engage my workforce?

• Attract and retain talent by clearly communicating business impact
• Enhance decision making with a cross-device, personalized user experience
• Gain full visibility into critical human resource gaps to prevent business disruption

Suppler Collaboration and Business Networks - How can I increase supplier collaboration?

• Extend business processes, and deliver new value to customers 
• Gain the flexibility to customize to changing customer demands in shorter planning cycles 
• Orchestrate profitability with real-time sensing of demand-and-supply data

Are you ready to experience Digital Transformation?
Approyo can help your company deal with the changing world. Our SAP HANA and Big Data solutions address these important questions and more. Let us show you today! Set up a free consultation today.