IoT. ERP. Two acronyms you’re likely to have come across by now in relation to enterprise IT. The former refers to the Internet of Things – networks of connected sensors or devices deployed throughout a massive variety of settings in order to collect data, transmit it back to a centralised analytics engine, and develop new insights, analysis and actions. The latter refers to Enterprise Resource Planning, typically meaning a software system providing a shared database which supports multiple core business functions such as HR and accounting.