Intelligent factories with high automation and connected processes require high operational asset performance of machines and equipment. Intelligent Assets act as the backbone of any Industry 4.0 organization.
Ellen Mc Arthur foundation defines intelligent assets as physical objects that are able to sense, record and communicate information about themselves and/or their surroundings.
As more and more assets are getting connected and more data is generated it is enabling us to derive more insights. Today, we are standing at the crux of a new world where each asset has the potential to be “intelligent & completely autonomous”.
Re-think your existing asset management approaches by turning them into data-driven processes with IoT (Internet of Things) & Intelligent Assets. Dynamically maintain your assets and link them to your business processes with Intelligent Assets for Industry 4.0.
Intelligent Assets for Industry 4.0 & SAP IoT can be deployed in a modular fashion, tightly integrated to the entire suite and ERP processes, for example in SAP S/4HANA.
With intelligent assets, you can apply predictive maintenance strategies which trigger ‘perfect-time’ maintenance recommendations for execution. Maintenance schedules are driven by ‘listening’ to the assets themselves.
In this article, Industry 4.0 experts at VC ERP Consulting, the best SAP Gold Partner in India, take you on a journey towards a ‘smart business’ with the help of the third component of Industry 4.0: Intelligent Assets & Internet of Things.
First let us start with the basics of Intelligent Assets and then we will move on to IoT.
To put simply, an intelligent asset is how we measure the real-time data the asset generates. Intelligent asset software applications allow for any sensor in an asset to stream real-life data to offer context for real-life physical operations.
Ideally intelligent assets offer the ability to see your assets with all the additional possible information available to them.
We believe that assets are at the heart of serving customers, yet businesses lack real-time information about assets. Operators maintain them reactively without considering condition, risk and criticality.
SAP Intelligent Assets Products solution portfolio offered by VC ERP Consulting entails –
For an organization to get started with intelligent assets, it first needs to look at what sort of equipment, inventory, machines and tools are used in their business processes.
Then you need to understand how your workers interact with these physical assets and become the basis of intelligent asset value.
Once business-relevant assets are identified, an organization must take a next step to identify how those assets will impact the business once they are made ‘intelligent’.
With Intelligent Assets, organizations can connect assets even across networks to ensure operations teams have latest insights into real time condition data.
Ensure your supply chains are resilient by monitoring the health of your assets and prioritizing maintenance activity to manage risk and criticality.
With SAP and VC ERP Consulting, you will be able to have following benefits:
To put it simply, SAP Internet of Things includes any object – or “thing” – that can be connected to an Internet network, from factory equipment and cars to mobile devices and smartwatches.
One of the areas where SAP IoT technology is growing the fastest is – Manufacturing & Supply Chain. SAP IoT sensors are designed to detect mechanical issues to keep things running smoothly. They can also collect and analyse operational data to find workflows and processes that are the fastest and most efficient – which can then be automated via a central system.
SAP Internet of Things (SAP IoT) devices are designed to be our eyes and ears in our absence. These SAP IoT devices are equipped with sensors & devices that capture the data that we might see, hear or sense.
They then share that data as directed, and we analyze it to help us inform and automate our subsequent actions or decisions. There are four key stages in this process:
Implement SAP IoT with VC ERP Consulting to move your digitalization from factory focused initiatives to a company-wide, competitive business strategy. Combine manufacturing automation with enterprise business information and execution.
VC ERP Consulting offers an extensive portfolio to accelerate your Intelligent Assets & Industry 4.0 journey for your manufacturing business.
We offer personalized and comprehensive support for your individual Industry 4.0 journeys. We help business leaders to strike the perfect balance between process standardization and visibility on an enterprise level with the individual factory & plant requirements.
VC ERP Consulting, the best SAP Gold Partner in India accelerates and safeguards your digital transformation journey by implementing SAP Industry 4.0 Solutions.
Get in touch with award-winning SAP Gold Partner, Certified Expert Consultants and Advisors at VC ERP Consulting for free consultation.
Get in touch with the best SAP Implementation Partner, VC ERP Consulting. Call +91 7948998911 (India), Whatsapp +254 111229970 (Kenya), Call +1 469 915 6026 (North America) or drop an E-mail at sayhello@vc-erp.com
Ellen Mc Arthur foundation defines intelligent assets as physical objects that are able to sense, record and communicate information about themselves and/or their surroundings.
As more and more assets are getting connected and more data is generated it is enabling us to derive more insights. Today, we are standing at the crux of a new world where each asset has the potential to be “intelligent & completely autonomous”.
Pursue a ‘Smart Manufacturing’ Business with Intelligent Assets
Re-think your existing asset management approaches by turning them into data-driven processes with IoT (Internet of Things) & Intelligent Assets. Dynamically maintain your assets and link them to your business processes with Intelligent Assets for Industry 4.0.
Intelligent Assets for Industry 4.0 & SAP IoT can be deployed in a modular fashion, tightly integrated to the entire suite and ERP processes, for example in SAP S/4HANA.
With intelligent assets, you can apply predictive maintenance strategies which trigger ‘perfect-time’ maintenance recommendations for execution. Maintenance schedules are driven by ‘listening’ to the assets themselves.
In this article, Industry 4.0 experts at VC ERP Consulting, the best SAP Gold Partner in India, take you on a journey towards a ‘smart business’ with the help of the third component of Industry 4.0: Intelligent Assets & Internet of Things.
First let us start with the basics of Intelligent Assets and then we will move on to IoT.
What are Intelligent Assets?
To put simply, an intelligent asset is how we measure the real-time data the asset generates. Intelligent asset software applications allow for any sensor in an asset to stream real-life data to offer context for real-life physical operations.
Ideally intelligent assets offer the ability to see your assets with all the additional possible information available to them.
We believe that assets are at the heart of serving customers, yet businesses lack real-time information about assets. Operators maintain them reactively without considering condition, risk and criticality.
SAP Intelligent Assets Products solution portfolio offered by VC ERP Consulting entails –
- SAP Asset Performance Management to improve asset performance and enhance maintenance strategies
- SAP Internet of Things (SAP IoT) solution to leverage IoT-enriched business insights to embed in and extend business processes
How Organizations Use Intelligent Assets?
For an organization to get started with intelligent assets, it first needs to look at what sort of equipment, inventory, machines and tools are used in their business processes.
Then you need to understand how your workers interact with these physical assets and become the basis of intelligent asset value.
Once business-relevant assets are identified, an organization must take a next step to identify how those assets will impact the business once they are made ‘intelligent’.
With Intelligent Assets, organizations can connect assets even across networks to ensure operations teams have latest insights into real time condition data.
Ensure your supply chains are resilient by monitoring the health of your assets and prioritizing maintenance activity to manage risk and criticality.
With SAP and VC ERP Consulting, you will be able to have following benefits:
- increase overall asset performance and avoid equipment downtime
- Extend asset life and overall equipment effectiveness (OEE) at reduced costs and risk
- Integrate maintenance strategy, planning and execution processes
- Connect assets with real-time condition monitoring, predictive and prescriptive maintenance
- Remove silos in the supply chain and connect maintenance operations across the enterprise
- Adopt new collaborative processes with business partners
- Evolve from reactive asset management to proactive data-driven asset performance
What is SAP Internet of Things?
To put it simply, SAP Internet of Things includes any object – or “thing” – that can be connected to an Internet network, from factory equipment and cars to mobile devices and smartwatches.
One of the areas where SAP IoT technology is growing the fastest is – Manufacturing & Supply Chain. SAP IoT sensors are designed to detect mechanical issues to keep things running smoothly. They can also collect and analyse operational data to find workflows and processes that are the fastest and most efficient – which can then be automated via a central system.
SAP Internet of Things (SAP IoT) devices are designed to be our eyes and ears in our absence. These SAP IoT devices are equipped with sensors & devices that capture the data that we might see, hear or sense.
They then share that data as directed, and we analyze it to help us inform and automate our subsequent actions or decisions. There are four key stages in this process:
- Capturing the Data
- Sharing the Data
- Processing the Data
- Acting on the Data
Implement SAP IoT with VC ERP Consulting to move your digitalization from factory focused initiatives to a company-wide, competitive business strategy. Combine manufacturing automation with enterprise business information and execution.
Explore Intelligent Assets & Industry 4.0 to Innovate Your Manufacturing Business!
VC ERP Consulting offers an extensive portfolio to accelerate your Intelligent Assets & Industry 4.0 journey for your manufacturing business.
We offer personalized and comprehensive support for your individual Industry 4.0 journeys. We help business leaders to strike the perfect balance between process standardization and visibility on an enterprise level with the individual factory & plant requirements.
VC ERP Consulting, the best SAP Gold Partner in India accelerates and safeguards your digital transformation journey by implementing SAP Industry 4.0 Solutions.
Get in touch with award-winning SAP Gold Partner, Certified Expert Consultants and Advisors at VC ERP Consulting for free consultation.
Get in touch with the best SAP Implementation Partner, VC ERP Consulting. Call +91 7948998911 (India), Whatsapp +254 111229970 (Kenya), Call +1 469 915 6026 (North America) or drop an E-mail at sayhello@vc-erp.com
