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IoT and Industry 4.0 – What’s in for you?

Traditional business models face an increasing pressure through digitization and new disruptive technologies. At hall 5, C18 the ERP experts of abas Software AG will take you on a tour exploring risks and opportunities for your business.

24 Feb. 2016
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Requirements for IT and business processes about to change

The traditional IT hirarchy that saw ERP software at the top of any common IT infrastructure is going to be replaced through a network of connected components, including applications, but also machines, single sensors and any data source that provides value.

It seems more than likely that the category business software is soon to be complemented through a wider term, maybe something like ‘business infrastructure’, describing an environment which bundles the varying systems and components to run a business model in the future.

Communication between man, machine and software

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Driven by cost pressure and often a lack of skilled staff, many organizations seek to further automate their production chain. One of the key challenges is a software-enabled communication between the different machines, triggered by either human interaction, defined conditions or sensor data. abas Software shows a robot simulation including two machines that carry out one task by effectively communicating over the ERP software.

IoT Readiness of your company: Do the test!

Find out more about the risks and opportunities the digital transformation brings with it. By focusing on three main aspects the IoT-experts at abas Software will guide you through the main questions that might become relevant for your organization fairly soon:

1. Your business model: What kind of intelligent, connected features would provide tangible benefit to your customers? How to differentiate from competitors? What are your market entries and sales channels today and how to create additional ones through smart integrations or partnerships?

2. Your value chain: Which features and infrastructure elements should your company develop, at what depth of integration? Where better collaborate with partners? Which data will be essential to maximize the value of your future products?

3. The transition: How to manage the transformation of your business? How to gain proof of concept, what could be suitable pilot projects? Which personnel will be required to manage the change?

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