According to a 2015 report from McKinsey, over the next decade the economic impact of the Internet of Things (IoT) will be as much as $11.1 trillion per year. So, what exactly is IoT?

IoT stands for Internet of Things and refers to physical objects that are connected to the Internet. It also relates to the communication between these objects and other Internet-enabled devices.

One of our first experiments in wearables at FinancialForce was our first Apple Watch app that delivers instant time tracking capabilities specifically designed for today’s modern and mobile workforce. The app is fully integrated with FinancialForce Human Capital Management (HCM) and tightly interoperates with FinancialForce Professional Services Automation (PSA), ensuring that both employee time and projects are continuously updated, in real-time and on-the-go. Watch it in action below.

Most recently we were excited to share more of our journey into Artificial Intelligence, IoT and Voice Recognition technology via the wildly popular Amazon Echo. Yes, now you can use Alexa for Cloud ERP! To learn more about how we did this and how you can use it for your business, check out this lengthy blog post.

Through IoT, FinancialForce ERP works with Amazon Echo to share information pulled from:

  • Salesforce CRM
  • Professional Services Automation (PSA)
  • Financial Management
  • Human Capital Management (HCM)

What are you doing to stay ahead of the curve? The future of work is here with IoT and voice recognition technology. To learn more about our Cloud ERP solution, download the datasheet now!