Supply Chain Management Blog
We all like new gadgets. Whether it’s the latest phone or the fanciest car or the smartest smartwatch, we love having the newest and flashiest device on the market.
It took 46 years for a quarter of the United States population to use electricity. It only took seven years to reach the same usage of the internet.
Why is that?
We’ve all seen (or heard) the TV ads. The one where an Amazon Alexa turns on the sprinklers, or Apple’s Siri tells a would-be chef what he can substitute for butter, or the one where a Burger King employee intentionally sets off Google devices everywhere by asking, “OK Google, what is the Whopper burger?”
We live in a connected world, largely due to the Internet of Things, or IoT for short, but there is, even more, innovation on the horizon due to the emergence of IoX ̶ the Internet of Everything.
“Bundling” has become synonymous with achieving greater value. You might bundle your telephone, internet, and television services. Or maybe you bundle your home, auto, and life insurance. By having all related services bundled into one, not only do you get better value but you also maintain stricter control over your activities. Bundling isn’t just limited to internet and insurance; it can also be implemented within the supply chain.
The Internet of Things (IoT) is one of our favorite topics here at ModusLink, and we’ve worked to stay ahead of the pulse to help our innovative customers take full advantage of the opportunities it brings to the supply chain. These opportunities will only increase over the next few years, according to analyst firm Gartner – the number of total connected devices is predicted to reach 25 billion by 2020.
As more and more enterprises shift from legacy on-premise to cloud-based technologies, software-as-a-service (SaaS) adoption is at an all-time high. There are many benefits to this approach – namely, cloud software is thought to help end users save money and simplify operations. This model is also the primary way in which service providers monetize their software.
No matter what system, challenge or client you’re dealing with, the right way to approach any problem is always from the perspective of your end users.
People often ask me, “how have you implemented this ‘gospel’ in your software development process?” “How do you overcome the traditional thinking in systems design?” Or “How do you guarantee that you implement features in your solution that bring the highest business benefits and best user experiences?”
The Internet of Things (IoT) has been a hot topic for us here at ModusLink for awhile, as connectivity holds so much potential in the global supply chain industry. In a recent blog post, we noted that Gartner predicts 2016 will see 5.5 million new IoT devices every day, with a total of 6.4 billion used around the world. This represents an enormous amount of untapped opportunity in our industry to develop IoT fulfillment, customer service, or process solutions that can fundamentally change the way companies do business.
I’m pleased to present a webinar for all of you on how to maximize the revenue potential of Internet of Things (IoT) – connected devices in the supply chain.
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