Over the last decade, IoT has been a potent force of change, rapidly reshaping businesses and entire industries. This Light Report by Kaleido Intelligence and Honeywell explores how industrial OEMs can leverage IoT (Internet of Things) technologies to improve customer satisfaction and differentiate their products in the market.
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Specifically, the report looks at the possible implications of leveraging IIoT (Industrial Internet of Things) across the following verticals:
Data Availability: A Two-Way Street
Cellular IoT connections have boomed since 2019, from roughly 2,000 million to nearly 6,000 million today. The report looks at the significance of this boom in the context of connected IIoT platforms, which give organisations access to unprecedented visibility and data.
Maintenance and Efficiency
Ubiquitous interconnected IIoT gives organisations the ability to maintain and improve productivity, safety, and compliance. From enforcing safe operating parameters to instant, automated alerts and notifications, it helps create an environment where there are no obstacles to clear and effective communication at any scale.
New Business Models
Both OEMs and connectivity providers can benefit from new possible business models. Flexible, outcomes-based and service-driven contracts will be a win for customers, while OEMs can unlock new revenue streams, like data and analytics.
Planning, Infrastructure, and Operational Needs
The report also explores the needs, and possible shortcomings organisations will face in effectively deploying IIoT, and how they can be overcome using the new technologies entering the market.
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- Source: https://www.iot-now.com/2023/02/08/127634-guide-to-iot-connectivity-for-industrial-oems-benefits-needs/
