Risk Analysis on Industrial Internet of Things (Iiot) Integration with Enterprise Resource Planning(ERP) Inmanufacturing

Abstract

At the onset of liberalization, privatization and globalization, enterprise resource planning has become an integrated part of any business. It has become imperative for businesses to go in for IIoT. With implementation of IIoT and analytics companies can become more profitable and productivity can increase constantly. With this comes the risk of data security in ERP due to real time capturing huge volume of data in manufacturing plants, which are under security risk. This has forced the companies to implement measures to ensure that the product design and customer data are stored securely without compromising on business. This paper presents the possible sources of risk in IIoT and presents the solutions for preventing the risk.