How IIoT Can Help Companies Grow
Event submitted on Wednesday, May 5th 2021, approved by Content Team ✓
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IIoT is now being used by businesses to reinvent and redesign their business models, deliver innovative digital technologies to consumers, build digital twins, and allow intelligent business operations. IIoT will, for example, offer insights into a company’s manufacturing output, allowing it to save money by using less raw materials and improving inventory control. IIoT will minimize total inventory levels and operating costs, according to the World Economic Forum. If you work with IoT Technologies then clearly this event would be ideal.
Conference Event Summary
The following description was either submitted by the Conference Organizer on Wednesday, May 5th 2021, or created by us.
Many companies leverage IIoT and SAP’s capabilities to survive and thrive in today’s evolving business landscape. There are several benefits to linking IIoT and ERP data, such as predictive quality and maintenance, remotely monitoring operations, lower production costs, and increased business continuity.
Companies are also utilizing IIoT to innovate and rethink their business models, provide new digital services to their customers, create digital twins, and enable intelligent business operations. For example, IIoT can provide insights into a company’s industrial production, saving money by utilizing fewer raw materials and improving inventory management. According to the World Economic Forum, IIoT can reduce overall inventory levels and lower maintenance costs.
In this roundtable, you’ll learn:
- Why IIoT provides tangible business value
- How customers can plan for SAP and IIoT integration
- Why IIoT is a significant improvement “lever” during challenging times
- How partnering helps companies build industrial IoT applications