Fictron Industrial Supplies Sdn Bhd
5-6, Jalan USJ 9/5Q,
Subang Business Centre,
47620 UEP Subang Jaya,
Selangor, Malaysia.
 +603-80239829

 +603-80238639
 +603-80237089


Selangor Office:
36, Jalan Puteri 5/12,
Bandar Puteri,
47100 Puchong,
Selangor.

Penang Office:
44A Jalan Besi,
11600 Green Lane,
Penang, Malaysia.
 +604-6192582
 +604-6192583

Navigating the Path Toward Becoming an Intelligent Enterprise

Navigating the Path Toward Becoming an Intelligent Enterprise
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The result of the rise of the on-demand economy, best practices have fairly quickly shifted for companies throughout many industries, such as manufacturing and transportation and logistics (T&L). As these companies balance the complexities of inescapable rising needs, such as the need for agile fulfillment from order to delivery, technologies that allow information sharing and enterprise-wide visibility were embraced. Mobility, cloud computing and the Internet of Things (IoT) are here to stay, so it really is crucial for decision-makers to realize the ways that digital transformation will continue to impact businesses for years to come.
 
Zebra Technologies recently printed its second annual Intelligent Enterprise Index, a global survey that measures where companies are on the journey to getting to be a truly “intelligent enterprise.” This kind of business connects the physical and digital worlds to drive innovation through real time guidance, data-powered environments, and collaborative mobile workflows. All in all, eleven metrics were used to judge a company’s progress toward becoming intelligent, including IoT vision, business engagement, adoption plan, security and standards, and many more.
 
The study discovered that the number of companies identified as an “intelligent enterprise” twofold to 10 percent in 2018, showing the considerable investment and momentum surrounding IoT deployment and integration.
 
Increased Momentum for IoT
 
From an operations standpoint, the Index signifies that 82 percent of reviewed companies are sharing information from their IoT solutions with employees more than once a day. This truly is a boost of 12 percent from the earlier year. In reality, about two-thirds of these companies share operational data about enterprise assets, including status, location, utilization or preferences, in real- or near-real time to help drive better more timely decisions. This proves that brands are making the change to Industry 4.0—using connected, automated systems to accumulate and analyze data during every step of their processes and connecting the gap between the digital and physical to maximise efficiency, productivity, and transparency.
 
Furthermore, the most up-to-date Index shows 50 percent of companies are not expecting or experiencing resistance to IoT adoption, highlighting the developing acceptance of these solutions and the recognition of their advantages. In last year’s survey, only 25 % of respondents reported deficiencies in resistance. Furthermore, 84 percent of companies anticipate it will take two years or less to complete the implementation of their IoT solutions, reflecting having a positive trend toward quicker adoption compared to the prior year (79 percent). And lastly, the findings reveal that at least half of companies have established an IoT vision and are performing on their IoT plans.
 
Partner Collaboration is Key
 
To keep growing adoption rates and decreasing resistance, manufacturers and T&L companies will need to integrate IoT solutions in a manner that takes away the possibility of operational issues and lowers learning curves as setting up not familiar digital systems can be a complex process. Legacy solutions, present data infrastructure, robotics and automation technologies, management styles and more can all create obstacles. In addition, internal IT teams may possibly not have the necessary knowledge or experience to support an IoT introduction or redevelopment. Companies around the world are solving these problems by placing a better reliance on a solution ecosystem, with many relying on a strategic partner or vendor to implement and manage their IoT solutions. This is good news because manufacturing and T&L businesses call for intense cooperation and consistency.
 
Don’t Sleep on Security
 
The other essential aspect of becoming an “intelligent enterprise” is establishing an effective security protocol to reduce the risk of breaches and other dangers, especially as organizations migrate their data to the cloud to fully capitalize on IoT functionality. A promising finding is that almost all companies with IoT strategies control their IoT security and employ standards to make sure integrity and privacy. As compared to 2017, there's been an 18 percent increase in the number of companies that constantly monitor activity rather than routinely. And yet, a gap remains between the upkeep of IoT systems and IT in general as only 69 percent of all corporations reported having had some sort of active approach to IT security and network management.
 
The Future of the “Intelligent Enterprise”
 
It is not a facile task to quantify how “intelligent” an enterprise is or how much the manufacturing and T&L space is altering to adopt IoT solutions. This intelligence cannot simply be determined by which technology solutions a company utilizes or how broad-minded they are about new processes. It also depends upon spending, how data is obtained and reviewed, plans for change management and solution adoption, security and infrastructure, and more.
 
Then again, by recognizing the collective impact of these elements, enterprises can encourage their workers to excel while creating an exceptional customer experience. With the right vision, solutions, and partner for implementation and management, becoming a truly “intelligent enterprise” is more achievable than ever before.
 
This article is originally posted on tronserve.com

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