Impact of IoT on Various Industries

In Internet of Things the network objects have an IP address that are unique and get connected to the internet. Internet of Things expanded the work to harness its power and improve the business (Lee and Lee 2015). The object gets connected to the internet in order to communicate through the net. The impact of IoT on various industries have seen such as in smart home were the energy management system has smart thermostat as the fundamental part (Zanella et al. 2014). Now a day, the tech industry has advances so much that human body can wear a wearable device in which a power sensor technologies are used to provide surroundings information.

• Smart Enterprise And Its Functions

Smart Enterprise is the combination of Smart Management Knowledge Management in the IT platform, Real Business Processes and Multiple Data Sources (Mellat-Parast and E. Spillan, 2014).

Function:

• It processes the raw data, calculate indicators and business or distributions or sales or production models whose results and status are evaluated for the business objects.
• The results of MITT are send to the Smart Management having common mobile devices where clear identification is required.
• Events are received by Smart Management were goals are planned to analyse the business processes that causes easily and aimed to implement the control actions in order to achieve the goals.  
• Statement Of Purpose

The purpose of the study is to provide the aspects of the smart enterprise with regard to the manufacturing and logistic enterprise in the company like Telstra, Tesla, SCT and Agile giving detail information of the usage of smart technology and implementation of the aspect in the company. It also gives the competitive advantages to company that they implement it.

The Internet of Thing for manufacturing industry has the ability to link the automation systems to link with the product lifecycle, scheduling and enterprise planning systems.  

Telstra is a leading technology and telecommunications company of Australia that provide a full communication services (Telstra.com.au, 2018). Telstra help the customers improve the work through connection.

• Usage Of Smart Enterprise Technology

The industry experience enormous growth in the network traffic which is faster than any time period (Marinagi, Trivellas and Sakas 2014). They use IoT allows to automate areas to reduce costs, drive innovation, enhance experience of the customer, create revenue streams and efficiency.

• Aspect Implementation

The implementation of IoT are in Device Connection that can easily support wireless and fixed network (Leonidou et al 2015). In the Information Processing that configures the business rules and translate the data received into the business events. The IoT platform has stored Device Connection layer or Information Processing component for Data that could be retrieve and process.

• How It Gives The Competitive Advantage To Comapany That Implemented It.

It competes with the telecommunication market. It provides 17.7 million retail mobile services, 3.6 million retail broadband services and 4.9 million retail voice services. The people that are connected have more opportunities (Abdulsater et al. 2014).   

Tesla Company wanted to make electric vehicles better, quicker and fun driving for the gasoline cars (Tesla.com, 2018). Tesla builds electric vehicles with storage products and energy generation.

• Usage Of Smart Enterprise Technology

Smart Technology in Smart Home

Tesla leverage IoT in digital innovation and in big data mobile, wearable and related technologies were IoT build robust expertise.

• Aspect Implementation

IoT has tap data streams, connected to cloud, integrate with back-end systems and build a machine-to-machine communication with a unified system. The processes are optimize, revenue and productivity are scale-up, glean data insights that could predict customer behaviour (Meihami and Meihami 2014).

• How It Gives The Competitive Advantage To Comapany That Implemented It.

Tesla has designed Model S which is the best car of the class that could combine performance, safety and efficiency for the 21^st century having the longest range.

The Smart Logistic Enterprise provide Logistic Vehicles which are connected to the monitoring system and the national integrated network. Through the use of real-time contextual data, the Logistic Enterprises become smarter.

The SCT is a multi-modal transport and logistics company. The SCT Company focus on open communication through which they can approach to businesses. The company provide services with integrity, innovation and value. It provides freight services to Australia which include Contract management, Warehousing, Design and Development distribution centre, Rail and Road Linehaul Services (SCT Logistics | Rail | Transport, 2018).

• Usage Of Smart Enterprise Technology

In rail flat SCT operates for intermodal and container activities that could low tare the weight for the skeletal units. Every freight type is accommodating by Gated flexis. The design of Well Waagon accommodate flexibility in the sizes of the container. It uses the smartphone application that has itinerary for the point of interest that could combine the data from car sharing, public transport, and bike sharing. Future of mobility would be more dynamic and human-centric.

• Aspect Implementation

IoT in SCT logistics perform exceptionally well and detect the risks to avoid the logistics domain. Smart Sensor has become popular that they provide monitoring for the time and region across the freight. Many of the freight monitoring systems are employed by advance sensors that could change the temperature, shock or light events and freight container are breach to ensure that action are taken immediately as freight are in danger and prone to damage.

• How It Gives The Competitive Advantage To Comapany That Implemented It.

It provides reward for rail freight industry long with smaller niche for the IoT to drive the logistic business transportation processes.

 The Agility Company emerge the global economy market. The company was a local warehousing provider and is the largest logistics company (Agility, 2018). More than 40 logistics brands are there in Australia were agility is the largest integrated logistics providers.

• Usage Of Smart Enterprise Technology

Users are provided with ways that could optimise the moves through the use of applications and services to process the real-time conditions and accurate instance information. It facilitates trade to move, distribute and manage the goods for global commerce (Eloranta and Turunen 2015). Agility use its technology in air, ocean and road freight, warehousing and services that are specialized in fairs, events and project logistics.

• Aspect Implementation

Smart Enterprise

Agility implement the technology in education, health, environment, and humanitarian logistics.  It has a predictive asset for lifestyle management and is one of the most successful practices to keep the fleet in shape. Preventive measures are taken to maintain and repairs before any damages that has visibility in asset productivity. The sensor is deploying in order to perform the task were the assets has the key areas that are difficult to track such damage. The systems are damper or oil when the asset are in use. Through sensors the damage materials could be track which happens with time and decide autonomously the ideal time to break the maintenance.

• How It Gives The Competitive Advantage To Comapany That Implemented It.

This industry is a competitive landscape were the businesses and consumers are rising in number and the deliver gets faster. Competitively logistics are facing some challenges such as high order processing, lack of transparency, and incorrect or slow order.

Conclusion

From the case study of four different company it can be concluded that the devices of IoT for the companies can be benefited through resource and energy that get facilitate by optimization for the devices of smart manufacturing and logistic enterprise that are connected to other features too. Each company contain some usage of smart enterprise technology and has an aspect of the implementation.

References

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Mellat-Parast, M. and E. Spillan, J., 2014. Logistics and supply chain process integration as a source of competitive advantage: An empirical analysis. The International Journal of Logistics Management, 25(2), pp.289-314.

SCT Logistics | Rail | Transport. (2018). SCT Logistics | Rail | Transport. [online] Available at: https://www.sctlogistics.com.au/ [Accessed 21 Sep. 2018].

Telstra.com.au. (2018). Telstra – mobile phones, prepaid phones, broadband, internet, home phones, business phones. [online] Available at: https://www.telstra.com.au/ [Accessed 21 Sep. 2018].

Tesla.com. (2018). Model S | Tesla. [online] Available at: https://www.tesla.com/models [Accessed 21 Sep. 2018].

Zanella, A., Bui, N., Castellani, A., Vangelista, L. and Zorzi, M., 2014. Internet of things for smart cities. IEEE Internet of Things journal, 1(1), pp.22-32.