article thumbnail

Artificial Intelligence Enhances the Evolution of the Internet of Things

Enterra Insights

1] Over the intervening decades, we have witnessed the growth of the Internet (which provided person-to-person connectivity) and the Internet of Things (which provided machine-to-machine connectivity). 2] Louis Columbus, “ Realizing IoT’s potential with AI and machine learning ,” VentureBeat, 14 August 2021. [3]

article thumbnail

IOT SupplyChain Tools (Internet of Things)

ModusLink Corporation

The utilization of IoT tools (Internet of Things). Many of the electric devices/sensors that are applied to smart packaging use the global interconnected network called the Internet of Things. The technology is optimal to track products that are in transit (Fedex, 2020). Figure 1Vasi?, ?. & & (2018).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Internet of Things and the Retail Industry

C3 Solutions

From a term that came into use in 2009, the Internet of Things (IoT) has come a long way in 10 years. It refers to the ecosystem of physical objects that are connected to the Internet and use it to communicate. The Internet of Things Explained. The Internet of Things Explained. billion by 2021.

article thumbnail

Trends 2021: Supply Chain

Enterra Insights

Durbha predicts resiliency will remain a hot topic in 2021. As a result, the level of risk in 2021 will remain elevated and will be part of the new normal. Consequently, 2021 will be all about collaborations and expanding networks. ” A big part of the connectivity picture will be provided by the Internet of Things (IoT).

article thumbnail

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes, etc. For example, you could have an Oracle database and ToolsGroup inventory optimization, all integrated in a Google data lake. The 5G tsunami will require a new distribution model.

article thumbnail

Big Data, Analytics, and Industry 4.0

Enterra Insights

.”[4] These networks are often referred to as the Internet of Things (IoT) or the Industrial Internet of Things (IIoT). The editorial team at Manufacturing Business Technology (MBT) explains, “The Internet of Things is a collection of sensors and data platforms that feed data into central networks. .”

article thumbnail

IoT Benefits for Supply Chain Operations

Enterra Insights

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. ” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. The data from these systems can even be analyzed to predict the future inventory needs of the business.”[3]