Quest Q&A Magazine Issue 3 2015 - Page 8

COMMUNITY WRITER The JD Edwards EnterpriseOne Internet of Things Platform Connecting Businesses with the Industrial Internet By Charles Knapp A Q&A with A.J. Schifano, JD Edwards, Senior Principal Product Manager, Oracle Consumers and businesses are embracing the Internet of Things (IoT). Oracle’s JD Edwards team has been working on new solutions that make it easier for enterprises to connect sensors and devices to JD Edwards applications. As a result, enterprises gain new ways to increase revenues, reduce costs, and maintain regulatory compliance. Q&A has previously published articles on the IoTconnected enterprise. To learn more about the JD Edwards EntepriseOne Internet of Things platform, Q&A met with A.J. Schifano, Senior Principal Product Manager, JD Edwards Product Development at Oracle to explore these questions: • What kinds of enterprise business problems are solved by connecting enterprise resource planning (ERP) to the Internet of Things? • What does the JD Edwards EnterpriseOne Internet of Things platform do? • What are the key factors to incorporate the IoT into business processes? What Kinds of Enterprise Business Problems Are Solved by Connecting ERP to the Internet of Things? 8 Q&A • Issue 3 • 2015 The appeal of extending an enterprise to Internetconnected devices starts with eliminating the inefficiencies of manual data entry. IoT-connected enterprises reduce data input delays, increase data accuracy, and provide timely information that, when analyzed, may uncover hidden facts about business operations. IoT-connected enterprises minimize avoidable loss of perishable foods due to delays or temperature problems, deter equipment theft, and reduce costly production delays such as avoidable equipment downtime. “The Internet of Things changes the rhythm of the business. Operations run leaner. Reactions are faster. Business decisions are based on accurate, real-time data.” – A.J. Schifano For example, forklifts are a mission-critical part of warehouse operations. If a forklift goes out of service, warehouse operations suffer for the length of the forklift’s down time. The operator might be required to fill out a paper form to report the incident, including mundane details like time, location, symptoms, and the condition of the forklift. Then the paper form is dropped into a bin where someone picks it up and types the data into an equipment maintenance application. Eventually, the system generates a work order to repair the forklift; operations dispatches a mechanic, and the forklift is placed back in service. The repair cycle time can range from hours to days of lost productivity.