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How IoT is driving Digital Transformation in the Chemicals Industry | Infor Chemicals

Know how IoT can benefit the chemicals industry through ERP, asset and supply chain management, energy efficiency and product lifecycle management. To learn more download whitepaper at http://bit.ly/2nO70AC

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How IoT is driving Digital Transformation in the Chemicals Industry | Infor Chemicals

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  1. Data-driven outcomes How the Internet of Things (IoT) is driving digital transformation in the chemicals industry* In the current era of big data, the Internet of Things (IoT) is expected to revolutionize ways in which companies manage processes to optimize efficiency. Frost & Sullivan’s paper describes this phenomenon. IoT is built on the foundation of an always-connected world. It is a labyrinth of internal and external processes that connects endpoints, common devices and apps to improve efficiency, and employee productivity. Frost and Sullivan’s survey of about 2000 manufacturing companies found that: 40% 34% 22.5% 35% Deployed IoT internally Extended IoT to customers Embedded IoT into processes Reported impact on revenues © Copyright 2017. Infor. All rights reserved.

  2. Chemical companies can benefit from IoT in more ways than one through: Product Lifecycle Management Asset Enterprise Resource Planning Energy Efficiency Supply Chain Management Management Efficiency and revenues can be significantly improved with: Real-time data for sensor alerts, enabling fast fixes Remote monitoring for Enterprise Resource Planning (ERP) Smart metering to analyze historical and real-time date for sensitive chemical environmental conditions Tracking and managing product expiration dates, recalls, service and support Predictive maintenance, facilities planning, inventory optimization and operational decision making Frost & Sullivan lays out the best practices for embracing IoT: start small, pay attention to privacy and work with an experienced security provider. Frost & Sullivan also recommends leveraging IoT’s strengths such as speed, accuracy, real-time monitoring, and ubiquitous sensing to increase productivity and mitigate risks proactively. Infor is in the process of adopting IoT to positively impact the bottom line for themselves as well as for their customers. Infor helps over 1,000 customers in more than 75 countries and has already improved their productivity. For more information on how you can adopt IoT in your chemicals industry DOWNLOAD THE WHITE PAPER *Frost & Sullivan Report © Copyright 2017. Infor. All rights reserved.

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