MARKET TREND

Towards Arrival of IoT age

Towards Arrival of IoT age

Recently, more and more business managers think of “physical distribution and logistics as the business strategy” in the business operations, and the importance of physical distribution and logistics is realized again regardless of industries.

By the way, you may often hear a term “IoT” these days. The “IoT”, an abbreviation for “Internet of Things”, is widely spread and drawing attention.

We should not forget that there is “information technology revolution” behind the emergence of “IoT”. This “information technology revolution” is led by the basic three underlying technologies: “Central Processing Unit (CPU)”, “Storage”, and “Network”. And these technologies keep evolving exponentially. At the same time, evolution of “sensor technology” also goes on. For example, Radio Frequency Identification (RFID), Global Positioning System (GPS), and various sensors which sense acceleration, temperature, weight, or sound are improving and downsized.

Industry 4.0

So far, information was supposed to be transmitted by “humans”, however, above-mentioned “information technology revolution” and “IoT” enabled “things" to directly communicate with each other and vast amounts of digital “Big Data” to be stored in the cloud. By enabling to analyze these data with “Artificial Intelligence (AI)”, various kinds of information, which could not be obtained by normal data visualization, become available. Furthermore, this allows further insight into logistics and manufacturing processes and we will be able to discover previously undetected problems in these areas if data is analyzed and visualized from a different point of view.

It may be possible to understand problems which could not be discovered through the conventional analysis by humans and enable a work to be done faster, more accurately, and at a low cost. This is one of the effects brought about by the “IoT”.

This indicates that paper documents can be converted into digital or electronic data (such as PDF, CSV, and e-mail). Although more and more information and content are available digitally a lot of paper documents are still used in the logistics sites.

For responding to upcoming “IoT society”, unexpected and innovative streamlining in the logistics operation will be proactively promoted by uploading and analyzing enormous amount of digitalized operation data of the site.

Author:

Andreas Kowol, Business Development Specialist
European Logistics & Manufacturing
TOSHIBA TEC GERMANY IMAGING SYSTEMS GmbH