Over the last decade, the importance of data has become more significant than ever. Businesses have focused immensely on technologies to collect, store and analyse data from multiple sources to improve the processes while enhancing customer experiences. This has made the Internet of Things (IoT) the centrepiece for the current industrial revolution that allows retrieving extensive data through embedded sensors and devices, transmitting data quickly, and analysing and deriving valuable insights from them to create positive business outcomes. But there several pitfalls that hinder the implementation of IoT initiatives that include difficulties in developing the IoT apps, failure to establish a clearly defined business case, lack of adequate technical know-how and inability to gather and connect data rightly to use them in the processes.

Addressing these common barriers in the IoT journey, Software AG comes into the picture, helping businesses establish a truly connected enterprise with IoT. The company strives to assist organisations in embracing IoT efficiently and unleashing its optimal power by facilitating them to build incredible IoT solutions in minutes. Their solutions empower clients to leverage IoT data and convert them into actionable insights through integrated real-time streaming and predictive analytics capabilities. Be it analysing data, fine-tuning business processes, leveraging machine learning models to building scalable digital twins, Software AG can help organisations do the whole nine yards of IoT and extract the maximal outcomes. The solutions assist in avoiding costly downtime, reduce maintenance costs, improve productivity and asset management and enhance overall operational efficiencies.

Software AG brings to bear the Cumulocity IoT, which is a leading self-service, low-code IoT and Analytics platform with fast ROI that facilitates organisations to connect and manage entities easily, develop IoT applications, leverage and analyse the diverse data across their business.

Further, it offers the flexibility to run in the cloud, on-premises, or at the edge, as per the organisation’s preference. Besides, their open and publicly documented APIs and open UI framework allow the clients to configure and extend the platform for their unique needs. Cumulocity allows integration with more than 100 enterprise applications, including Oracle and SAP. Additionally, developing IoT apps is easier and faster with Cumulocity IoT. It enables viewing the enterprise data like purchase orders, production metrics, MES data and many more on a single pane. Real-time alarms and alerts can be sent through SMS, emails or displayed in dashboards without any coding that helps to efficiently monitor the connected entities and the performances. The platform also gives a view of the asset’s Remaining Useful Life (RUL) in real-time.

What’s more? Predictive Analytics assists organisations in identifying and forecasting issues and planning for maintenance to prevent any outages. It allows real-time condition-based monitoring of assets and visibility into asset operations and KPIs to enable organisations to make split-second decisions. Besides, Cumulocity IoT is a smart platform that allows detecting all data without complex data configuration and mapping.

A walk through the story of Gardner Denver, a leading global provider of high-quality industrial equipment, technologies and services, is a prominent instance that brings to fore the efficacy of Cumulocity IoT. They were facing serious challenges like the lack of real-time fault detection, costly servicing and repairs, inability to configure equipment remotely. To alleviate these issues, the company adopted the Cumulocity IoT platform that enables Garner Denver to provide its IoT-powered condition monitoring service to its customers worldwide. It additionally allowed realtime fault situation detection, proactive monitoring of equipment and utilising real-time information and sharing them with partners to enhance the value of the distribution of these services.

The holistic approach of Software AG has guided organisations to democratise IoT and improve ROIs significantly. Be it at any stage of the IoT journey, the company has helped streamline its clients’ efforts to build the right IoT ecosystem with disruptive outcomes and achieve an enhanced pace of innovation with speedy entry into the markets.