Oracle announced that it is expanding its Internet of Things (IoT) portfolio with the below given four new cloud solutions.
IoT Asset Monitoring Cloud: Monitors assets, utilization, availability, and data from connected sensors and creates incidents in the backend SCM, ERP, or Service Clouds to automate the workflows
IoT Connected Worker Cloud: Tracks employees to support safety, service, and regulatory compliance initiatives
IoT Fleet Monitoring Cloud: Monitors position and progress of passenger, service, and delivery vehicles and driver-behavior
IoT Production Monitoring Cloud: Monitors production equipment to assess and predict manufacturing issues
These aforementioned IoT Cloud applications are built on the Oracle IoT Cloud and Oracle Big Data Cloud. They integrate with Oracle SCM Cloud and Oracle Service Cloud, as well as on-premises software, to enable operational visibility, and facilitate better customer service and responsiveness.
According to Oracle, signals from IoT-enabled devices are growing exponentially and represent an opportunity for organizations that are able to manage, interpret, and leverage these vast sources of data.
Organizations with the tools to integrate device data into business processes and applications can gain critical predictive insights and drive cost-effective actions.
IoT solutions enable businesses to deliver innovative new services faster and with less risk to their customers.
The new cloud applications integrate with Oracle Supply Chain Management (SCM) Cloud Applications to make IoT signals actionable.