SAN JOSE, Calif., Feb. 13, 2017 /PRNewswire/ -- Oracle
Modern Supply Chain Experience – Oracle announced that it is
expanding its Internet of Things (IoT) portfolio with four new
cloud solutions to help businesses fully utilize the benefits of
digital supply chains. These solutions enable businesses to detect,
analyze, and respond to IoT signals and incorporate these insights
into existing and rapidly evolving market capabilities.
Signals from IoT-enabled devices are growing exponentially and
represent an opportunity for organizations that are able to manage,
interpret, and leverage these vast sources of data. Organizations
with the tools to integrate device data into business processes and
applications can gain critical predictive insights and drive
cost-effective actions. IoT solutions enable businesses to deliver
innovative new services faster and with less risk to their
customers.
"The world is becoming ever-more digital and IoT is the next
step on that journey—delivering better customer experiences and
helping organizations achieve a competitive advantage," said
Bhagat Nainani, group vice president
of IoT applications development at Oracle. "Oracle IoT Applications
enable businesses to leverage connected devices and equipment to
modernize the digital supply chain."
Oracle IoT Applications support three important functions:
device registration and data collection; signal analysis and
interpretation; and connection to specific business processes. By
applying advanced, predictive analytics to the device signals,
Oracle IoT Applications calculate complex business-specific KPIs
and trigger automated actions in real time. The solutions can
deliver capabilities, such as predictive maintenance, diagnostic
dashboards, and increased real-time visibility, and can be applied
to manufacturing, quality, and product data, as well as logistics
and employee movements.
The new cloud applications integrate with Oracle Supply Chain
Management (SCM) Cloud Applications to make IoT signals actionable
and include the following products:
- IoT Asset Monitoring Cloud: Monitors assets,
utilization, availability, and data from connected sensors and
creates incidents in the backend SCM, ERP, or Service Clouds to
automate the workflows
- IoT Connected Worker Cloud: Tracks employees to support
safety, service, and regulatory compliance initiatives
- IoT Fleet Monitoring Cloud: Monitors position and
progress of passenger, service, and delivery vehicles and
driver-behavior
- IoT Production Monitoring Cloud: Monitors production
equipment to assess and predict manufacturing issues
These aforementioned IoT Cloud applications are built on the
Oracle IoT Cloud and Oracle Big Data Cloud. They integrate with
Oracle SCM Cloud and Oracle Service Cloud, as well as on-premises
software, to enable operational visibility, and facilitate better
customer service and responsiveness.
"Noble Plastics is an innovative custom injection molding
manufacturer that leverages robotics for automation. We see
tremendous potential in IoT to drive predictive maintenance of
industrial robots," said Scott
Rogers, Technical Director, Noble
Plastics. "Oracle IoT Asset Monitoring Cloud will help us in
monitoring FANUC robots that are deployed on our plant floors and
alert technicians proactively on their mobile device. This will
enhance product quality, production efficiency and throughput while
controlling costs."
For additional information, visit Oracle Cloud and connect with
Oracle SCM Cloud and Oracle IoT Cloud on Twitter.
About Oracle
Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services. For more information about
Oracle (NYSE:ORCL), visit oracle.com.
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Safe Harbor
The following is intended to outline our
general product direction. It is intended for information purposes
only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and
should not be relied upon in making purchasing decisions. The
development, release, and timing of any features or functionality
described for Oracle's products remains at the sole discretion of
Oracle Corporation.
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SOURCE Oracle