Industrial IoT (IIoT) is part of a broader trend towards the transformation of industry as part of a fourth industrial revolution (e.g. Industry 4.0) that involves more than just manufacturing. IIoT is poised to transform many industry verticals including healthcare, retail, automotive, and transport. Enterprise Resource Planning (ERP) is manifest in architecture that facilitates the flow of information among the different functions within an enterprise. ERP software provides a central repository for all enterprise information while improving the flow of data across organization.
This research evaluates IIoT technologies, companies, applications, services, and solutions. The research also analyzes key ERP vendors and their IoT initiatives, the transition from traditional ERP to IoT enabled ERP, the impact of IoT enabled ERP on enterprise as a whole, and enterprise benefits for deployment of IoT enabled ERP software and services.
Forecasts include global and regional IIoT outlook as well as IIoT by industry vertical, software, hardware, and services as well as Global and Regional forecasts for IoT enabled ERP software and services 2017 – 2022. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you’re addressing. This needs to be used within three months of purchasing the report.
There will be an incremental $49.9 billion market opportunity for IoT ERP software and services by 2022
About 50% of the global small, mid-sized, and large enterprises will deploy some kind of IoT enabled ERP by 2022
SaaS business model is expected to achieve substantial growth as compared to the built-to-order business model
Virtually all enterprise functions will require significant transformation to prepare for and maintain IoT enabled ERP
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