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10 Manufacturing and Supply Chain Trends Fueled by IoT

The Internet of Things (IoT) has quickly become part of the high-tech vernacular. IoT-enabled devices and machine-to-machine connectivity are rapidly creeping into our homes, cars, schools, and cities. It's getting harder to find an area of life not yet touched by the grand plans IoT visionaries want to bring to the world.

But, as is often the case, the crossover between end-market adaption, manufacturing floor alignment and supply chain sentience takes a little longer to shake out.

This year, however, could be the tipping point if Software AG's recently released top ten predictions  for the manufacturing and supply chain industries come to fruition.

For starters, the company expects to see innovative manufacturers leap ahead and use more and better sensors, add more comprehensive automation and increasingly choose local fabrication.

“In 2015, we will see manufacturers and their partners accelerate the implementation of initiatives that will deliver on the promise of the Internet of Things,” Sean Riley, global manufacturing and supply chain solutions director at Software AG, said in a statement. “For some companies, this will be a challenge, but for many others it will be a year of great opportunity leading to significant competitive advantage.”

“The ability to drive further cost savings and reduce time to market depends on the manufacturer's ability to trust in continuous, automated monitoring of all systems,” added Riley. “The organizations that successfully adopt and scale will bring new technologies mainstream faster than people realize.”

Here are the 10 IoT-related trends that could shape manufacturing and supply chain strategies in 2015:

Tracing the IoT Revolution

5 comments on “10 Manufacturing and Supply Chain Trends Fueled by IoT

  1. julient@cldvs.com
    February 24, 2015

    @ JulienTurcotte: visibility is now critical for those who want to still be there in 2020, and technology will be essential te met customer's needs and price.

  2. jring281
    February 27, 2015

    #12

    Better not overlook the increasing threat of software bugs. When the things in the IoT are software bugs the damage to any one participant increases as the square of the number of participants. Technologies for fault-free software are rapidly emerging. Be alert.

  3. Hailey Lynne McKeefry
    March 2, 2015

    @jring, excellent point. And whenever you talk about software, you also have to talk about security. The number of backdoors, bugs, etc in software that create security holes is huge–and supply chains carry critical and (for the criminal) monetizable information so they will be targets for attack increasingly.

  4. jring281
    March 2, 2015

    Then you may be interested in learning more about OntoPilot LLC because we have devised a way to find the source of any logic, arithmetic or semantic fault in any size suite of computer programs — in seconds.

  5. markgrogan
    July 9, 2018

    People are so excited about the potential of IoT that they forget that there is such a huge application in business uses more than getting your stuff to automate itself! I just realised what a big change this could be for tracking and logistics if we are able to put everything on some sort of connected communication system! Wow!

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