Barcelona: HCL Technologies, a global technology company, and Sierra Wireless, the leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), announced the availability of the HCL Smart Logistics for Inventory Tracking 1.0 Accelerator.

This SAP-certified solution integrates with the Sierra Wireless OctaveTM distributed data orchestration platform to deliver a secure, scalable solution that will transform how companies manage inventories of consumable product.

The solution uses low-power, wide-area (LPWA) wireless technology and provides near real-time visibility into asset data to monitor inventory efficiently, improve traceability, and unlock additional revenue from assets.

Companies are struggling to track critical location, condition, integrity, and inventory data from their high-value assets.

They can deploy IoT-connected sensors but getting timely, actionable data to their back-end systems is complex and requires an integrated approach. “Supply-chain optimization is critical for business success today, and the combination of cellular technologies, IoT data orchestration, and blockchain adds levels of efficiency that result in significant resource and financial gains,” said Michael Romero, Senior Vice President, SAP Practice, HCL Technologies.

“HCL’s expertise in IoT and blockchain, combined with Sierra Wireless’ data orchestration capabilities, allow for a powerful solution.”

Deployed on SAP Cloud Platform, the solution optimizes inventory management and automatic status monitoring in the core business application to enable new, usage-based services and improve traceability, delivering an intelligent enterprise.

“Understanding asset data will optimize operations and drive strategic growth, but accessing that data securely in a way that is actionable and scalable has not been possible until now,” said Olivier Pauzet, Vice President and General Manager, IoT Solutions, Sierra Wireless.

“Using Octave, our new data orchestration platform, HCL Technologies’ customers can securely extract, orchestrate, and act on data from their assets at the edge, send it to the cloud, and gain near real-time visibility to manage the most important aspects of the business, achieving the full value of data-driven transformation.”