The Internet of Things (IoT) is the network term consisting of all types of physical devices with Internet access. The Internet of Things (IoT) extends Internet connectivity for all IoT enabled devices. By analyzing and processing sensor data, businesses can now offer additional services to their customers.
The Internet of things is expected to be the next major technological move in the world while the large number of ERP-systems are integrating new technologies such as mobility, wearable technology, and the cloud. Business Can monitor the product line and the manufacturing equipment using IoT technologies round the clock.
For manufacturers who are impressed by the IoT prospect, they must do a lot of preliminary work and acknowledge many factors like the size of their existing ERP, how they connect to IoT, how this will impact current manufacturing and client service processes. The IoT adds a lot of new information to the table that will require ERP software to gather, process, evaluate, and utilize data efficiently.