4 technologies that promise to turbocharge supply chains paid Oracle
are a natural fit. But many IoT projects fail because they’re focused “too much on internet and things, and too little on business outcomes,” said Harish Gaur, senior director of IoT and blockchain SaaS applications at Oracle.
The digital twin is a 3D recreation of a machine or business process. It provides a 360-degree view of the asset’s physical functioning and interactions with other entities. The digital twin is crucial to validating an IoT implementation by representing devices monitoring machine operations or steps in a supply chain.
Among the strategic issues to be addressed: “How do I scale from 10 to 10,000 devices?” Gaur said. “How do I plan for SLAs, whereby I need to deliver this information to my customers in a specific timeframe? How do I assure that nobody can peek into the data that’s coming from my devices?”Supply chains run on data, and incorporating an IoT network will up the amount of data quite a bit.
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