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ACCA Applied Knowledge · Business and Technology · The impact of advances in technology

A manufacturer fits sensors to its machines that send performance data over the internet to a central system, which predicts failures and schedules maintenance automatically. Which emerging technology is principally being used, and what is the benefit?

This is the Internet of Things. Sensors on machines transmit real-time data to a central system, allowing failures to be predicted and maintenance scheduled, which reduces unplanned downtime. Blockchain, virtual reality and robotic process automation do not describe connected sensor-based monitoring.

  1. ABlockchain, because it creates an immutable ledger of maintenance payments
  2. BInternet of Things, because connected devices supply real-time data to reduce unplanned downtimeCorrect
  3. CVirtual reality, because it simulates the factory for staff training
  4. DRobotic process automation, because it replicates keystrokes in the finance system

Explanation

Networked physical devices that collect and transmit data are the Internet of Things. Real-time data enables predictive maintenance, reducing unplanned downtime. Blockchain, virtual reality and RPA do not describe sensors feeding a central system.

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