Source: dzone.com
KPI-driven Digital Performance Management Using IoTCategory: Business, Data
It has opened doors that did not even exist earlier and has given enterprises a variety of creative options to leverage IoT to extract operational efficiencies.
There are a variety of classical definitions of DPM, but the one we focus on here is the meaning of DPM in the context of IoT and I define it as follows: DPM is the digitization of the management of any operational asset or process from the perspective of its performance.
What makes DPM different from IoT-driven asset performance monitoring is that DPM takes the notion of IT-OT integration for the asset or process monitoring two steps ahead and actually attempts to improve the performance of the asset or process being managed.
Comparing the data coming from the actual information flow at any time with this Digital Twin will generate the insights needed to determine if the performance of assets individually and within the context of the operational process is as desired or if anything needs to be changed.
There are a variety of classical definitions of DPM, but the one we focus on here is the meaning of DPM in the context of IoT and I define it as follows: DPM is the digitization of the management of any operational asset or process from the perspective of its performance.
What makes DPM different from IoT-driven asset performance monitoring is that DPM takes the notion of IT-OT integration for the asset or process monitoring two steps ahead and actually attempts to improve the performance of the asset or process being managed.
Comparing the data coming from the actual information flow at any time with this Digital Twin will generate the insights needed to determine if the performance of assets individually and within the context of the operational process is as desired or if anything needs to be changed.
Related Articles
Community Partners
DevOps Careers