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FREMONT, CA: Lochbridge, a provider of technology consulting and services specializing in Internet of Things (IoT) innovation, partners with Oracle to leverage its Internet of Things Cloud Service platform to help companies build connected strategies and solutions that will enable clients to evolve and compete in the connected world.
Oracle IoT Cloud Service is built as a cloud based service that enables organizations to easily connect to IoT devices, analyze data in real-time and seamlessly integrate applications and business processes with IoT data. Leveraging the analytics of Oracle’s IoT platform, Lochbridge can develop custom IoT solutions that will provide insight revealing new operational efficiencies and identify new revenue opportunities.
Through real-time analytics and integration of IoT data into core enterprise resource planning (ERP) and Service Management, enterprises can generate a real-time view into product use and gain advance notice of potential issues requiring service personnel engagement. Monitoring of IoT data will help analyze product performance and failures to enable predictive maintenance needs and identify key notifiable events. Whether assets are being tracked to enable usage-based business models or to ensure achievement of SLAs, Oracle IoT Cloud Service plays a key role by ensuring the secure and reliable collection of IoT data for real-time analysis and integration into the core business systems such as ERP, Transportation and Billing.
“We look forward to helping businesses find innovative ways to harness IoT data to open new markets and enable new services for Oracle clients. Through Oracle’s IoT Cloud Service, we will help build connected strategies and solutions that will enable clients to evolve and compete in our connected world,” says Raj Paul, vice-president, Lochbridge.