Enterprise Systems: IoT Integration for Business Analysis

This report provides a comprehensive analysis of the integration of the Internet of Things (IoT) with enterprise systems. It begins by defining IoT and its evolution, emphasizing its growing influence in various sectors such as manufacturing, utilities, and supply chain management. The report highlights the significant benefits of adopting IoT in enterprise systems, including the transformation of businesses into digital entities, the creation of new business models, and improved operational efficiency. It also addresses the challenges associated with IoT integration, such as high initial costs, lack of expertise, and security risks. The report further discusses the current state of IoT adoption, with a focus on the role of artificial intelligence and analytics. It outlines potential risks, including compromised credentials and data theft, and provides a checklist for integrating IoT, emphasizing risk assessment, policy development, and budget planning. The report concludes with a list of relevant references that support the findings.

Internet of
Things
integration with
enterprise

INTERNET OF THINGS
• Physical device embedded with internet
connectivity.
• Integrated into the lives of all individuals
with the “always on” status.
• There is no authentication as these
devices are artificially intelligent.
• Learns about things like individuals
preferences, patterns and habits.

EVOLUTION OF IoT
• IoT is a revolutionary concept and has
attained its popularity in many spheres.
• Wearables, smart homes and buildings,
vehicles, supply chain, manufacturing are
some of the sectors using IoT.
• The basic premise is actuators and smart
sensors produce a modern class of
enterprise applications.
• IoT is expected to enhance the efficiency of
the enterprise systems.

BENEFITS OF ADOPTING IoT IN
ENTERPRISE SYSTEM
• The several benefits of
integrating IoT technology
with enterprise systems are:
1. Transforming enterprises
into digital businesses.
2. Engineering new models of
business.
3. Optimizing output with the
help of improved efficiency.
4. Introduction of new forms
of revenue by the
integration.
5. Altering customer service
and aiding consumers
reach.

IDUSTRIES HIGHLY BENIFITTED BY IoT
• Manufacturing Enterprises
1. Adopting IoT at a faster rate.
2. Leading in this respect and almost 307 million
installed in the year 2015.
3. Automation processes require control systems.
4. IoT helps with its sensors.
• Utilities
1. Second in the race of adopting IoT.
2. IoT facilitates monitoring, automatic billing
and energy management.

CHALLENGES TO INTEGRATE IoT IN THE
ENTERPRISE SYSTEMS
• No proof of the benefits
for specific enterprise.
• Initial cost to integrate the
systems is high.
• Capital costs related to
this is high.
• Implementation and cost
of maintenance is high.
• Lack of expertise to
monitor the new
technology.

THE ERA OF IoT INTEGRATED WITH
ENTERPRISE
• 82% of the companies who have adopted
IoT in their curriculum define its role as
artificial intelligence (AI), key digital
initiatives and integrating analytics.
• 51% of the companies those who have
adopted IoT are of the opinion that it has
increased revenue.
• 29% of the industries globally have
implemented IoT in their enterprises.

RISKS RELATED WITH THIS
INTEGRATION
• Compromised credentials
• Malware
• Traversing within secure networks
• Sniffing traffic
• Misguiding data
• Data theft
• Disruptions in the database

CHECKING ON SECURITY
ISSUES
• Firmware updates
• Encryption tunnels for transmission of
data
• Recovery of data plan
• Physical access or location
• Network access
• Local administrative access

CHECKLIST FOR INTEGRATING IoT IN
THE ENTERPRISE SYSTEMS
• Assessing the risks associated with the
hardware of the enterprise.
• Policy made for use of customer devices
by the line of the business.
• Budget planning for successful
implementation of the integration
process.

REFERENCES
• Abdel-Basset, M., Manogaran, G., & Mohamed, M. (2018). Internet of Things (IoT) and
its impact on supply chain: A framework for building smart, secure and efficient
systems. Future Generation Computer Systems, 86, 614-628.
• Ali, M. I., Ono, N., Kaysar, M., Griffin, K., & Mileo, A. (2015, October). A semantic
processing framework for IoT-enabled communication systems. In International
Semantic Web Conference (pp. 241-258). Springer, Cham.
• Lu, Y., & Cecil, J. (2016). An Internet of Things (IoT)-based collaborative framework for
advanced manufacturing. The International Journal of Advanced Manufacturing
Technology, 84(5-8), 1141-1152.
• Zancul, E. D. S., Takey, S. M., Barquet, A. P. B., Kuwabara, L. H., Cauchick Miguel, P.
A., & Rozenfeld, H. (2016). Business process support for IoT based product-service
systems (PSS). Business Process Management Journal, 22(2), 305-323.
• Zimmermann, A., Schmidt, R., Sandkuhl, K., Wißotzki, M., Jugel, D., & Möhring, M.
(2015, September). Digital enterprise architecture-transformation for the internet of
things. In 2015 IEEE 19th International EnterpLiu, Y., Wang, H., Wang, J., Qian, K.,
Kong, N., Wang, K., ... & Engels, D. W. (2015). Enterprise-oriented IoT name service for
agricultural product supply chain management. International Journal of Distributed
Sensor Networks, 11(8), 308165.rise Distributed Object Computing Workshop (pp.
130-138). IEEE