Outlining the core benefits and key drivers, will help CXOs link their IoT initiatives with business and financial performance.This is the ‘why’ step in the IoT planning process.
‘The Internet of Things : Your First Step to Industry 4.0’ maps the four core benefits for organizations to determine their strategic rationale for:
1. Improving Operations: Productivity and Efficiency (OEE), Condition Monitoring, Predictive Analytics etc.
2. Optimizing Assets: Asset Utilization, Asset Health Diagnostics & Repair etc.
3. Enhancing Services: Machine Learning, Better Customer Experience etc. and
4. Generating Revenues: New Pricing models based on Usage, Real Time Dynamic Pricing etc.
Download this whitepaper to identify your business objectives and integrate it with the technical architecture required for the much sought after competitive advantage and operational effectiveness – Your first step to Industry 4.0 !