Internet of Things
Big data
TOP 10
06
Internet of Things
TOP COMPANIES : Siemens | IBM | Cisco
IoT comprises billions of sensors that are embedded in various devices , both within the supply chain but also the wider world , like fridges and cars . By 2030 , Deloitte predicts up to 10 trillion sensors will be deployed .
The rise of IoT devices offer a wealth of benefits across global supply chains , helping businesses streamline supply chains , increase efficiency , reduce costs , and improve visibility .
IoT allows for data-exchange over the Internet , and can leverage actionable data from every step of the supply chain . It ’ s now used for locating materials , servicing equipment and monitoring productivity and efficiency .
05
Big data
TOP COMPANIES : Salesforce | AWS | Noodle . ai
Big data is high-volume , high-variety information that enables enhanced insight , decision making and process automation . Data analytics is the science of analysing raw data in order to make conclusions about that information .
Until relatively recently , the lack of capabilities around manageable data hindered its usefulness but organisations today have a host of new technologies to help with procurement , supply chain risk management , and sales & operations planning .
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