Oracle Internet of Things expands its cloud solutions that enable organizations to optimize the digital supply chain by improving the predictive insight and visibility.
GreatResponder.com Oracle IoT announced on 13 February, 2017 that the company is growing up its solution by including the four new advance applications in its SCM. This improvement will help companies and organizations in their predictive analytics, automate business process and also operates throughout the solution chain to enhance the customer and organization experience. These new changes also help the businesses to detect, analyze, and respond the IoT signals, that make the business enable to evolve in this new rapidly evolving market capabilities.
Oracle Corporation, one of the leading organizations in the world that is famous for its enterprise software such as oracle database, cloud engineering solutions and many more.
Internet of things (IoT) signals enabled many Internet devices that are exponentially growing day by day, these devices give an opportunity to the companies and organizations that have enough workforce to manage, interpret and leverage these wide variety of data sources. Those organizations who have suitable tools to integrate the data into business processes, applications may have gain to know the critical predictive insights and cost-effective idea will help to lead in this business.
Bhagat Nainani, group vice president of IoT application development at Oracle, said, “The world is becoming evermore digital and it is the next step on that journey—delivering better customer experiences and helping organizations achieve a competitive advantage. Oracle IoT Applications enable businesses to leverage connected devices and equipment to modernize the digital supply chain.”
Oracle IoT (Internet of things) functions: device registration and data collection, signal analysis and interpretation, and connect to specific business processes. The Oracle IoT application calculates the complex business specific strategy problems such as KPI (key performance indicator) and trigger automated action in the realtime using the advanced functions to the device signals.
Scott Rogers, Technical Director, Noble Plastics, said, “Noble Plastics is an innovative custom injection molding manufacturer that leverages robotics for automation. We see tremendous potential in IoT to drive predictive maintenance of industrial robots, Oracle IoT Asset Monitoring Cloud will help us in monitoring FANUC robots that are deployed on our plant floors and alert technicians proactively on their mobile device. This will enhance product quality, production efficiency and throughput while controlling costs.”
The list of new cloud applications that are integrated in the Oracle Supply Chain Management (SCM) cloud application includes IoT Assest Monitoring Cloud, IoT Connected Work Cloud, IoT Fleet Monitoring Cloud, IoT Production Monitoring Cloud.