Role of Internet of Things and Analytics in Asia/Pacific (excluding Japan) Supply Chains
Organizations in the past few years have realized the importance of a truly digital business model and have been making investments around supporting infrastructure for connectivity, storage, and automation. Supply chain operations is one of the core functions expected to benefit from data transparency and real-time asset visibility, which could be achieved through a technology such as internet of things (IoT). This IDC perspective talks about the role of IoT and analytics in driving various use cases across Asia/Pacific (excluding Japan) (APEJ) along with the projected spend and applicable opportunities. "The role of IoT and analytics will become all the more important in driving credibility and authenticity of products that move across the value chain, which, in the long run, is expected to bring down the supply chain costs, resulting in increased savings and profits for the organizations," says Sampath Kumar Venkataswamy, research manager, IDC AP Manufacturing Insights.
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