The wide-spread adoption of the IoT (Internet of Things) in the companies acting in Romania will double, every 12 months, the volume of data processed by their systems, according to a forecast by Wizrom Software. This huge volume of data will raise issues to those ERP solutions which are not enough scalable to allow the consolidation and analyze of ever increasing data volumes.
“IoT brings a new challenge for the ERP vendors and this is the true testing of the scalability capacity of their solutions, given that the volumes of data will double every year. IoT will impose new standards to the ERP vendors such as the need to have powerful engines for business analyses“, Adrian Bodomoiu, General Manager Wizrom, said.
These days, 90% of the data entries for an ERP solution are actually processed by operators and are being issued by a relatively small number of terminals – computers, barcode readers, GPS. The adoption of the IoT by a company acting in manufacturing, transports or logistics, the volume of data generated by sensors (things) will reach half the total amount, on mid-term, raising serious issues for the connection infrastructure and data storage, too, as well as on consolidating and analyzing the data.
“Suddenly, the ERP system will be flooded with twice as much data and if the solution wasn’t adapted for such a loading, it won’t work properly. But, in the same time, IoT brings huge benefits to companies adopting this concept and I mean clear gains resulting from the increase of operational efficiency and decrease of costs of operations“, explains Adrian Bodomoiu.
IoT combined with ERP will allow companies to monitor and forecast energy and raw materials consumes, the peaks of performance of the employees, as well as a lot of other indicators to which they probably even didn’t think yet, but could improve their operational efficiency.
Wizrom has already implemented solutions adapted to IoT to clients in production and transport. These are WizPro ERP and RoadNet TMS, which use data directly loaded by sensors placed on industrial machines, respectively auto fleets – either for commodities or the sales force.