Apr 292016
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Big Data, Industry 4.0, Internet of Things (IoT), Supply Chain

Big Data, Industry 4.0, Internet of Things (IoT), Supply Chain

Not even sure where to start with all this.  I am guessing there are some people out there that don’t know what any of these words are or how they impact you.  Supply Chain has been around forever.  If you aren’t what supply chain is think Logistics, Procurement, Manufacturing all integrated into one.  The word supply chain has become somewhat mainstream maybe in the last 10 years or so.  Internet of Things (IoT), Big Data, and Industry 4.0 are all relatively new terms and not wide spread yet.  The technology term “Cloud” wasn’t highly known but once it caught on in phones now many people know there is a cloud somewhere and somehow my data goes to it.

The Internet has brought along Big Data.  There is so much data out there and so much data is created everyday.  Big Data is used to crunch all the information out there and create information that can be used by businesses.  Do you have a Fitbit?  Can you control certain aspects of your home from your phone?  This is all the Internet of Things.  Some people are predicting the Internet of Things will have a bigger impact than the Internet.


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