Differentiate with Internet of Things (IoT)
Differentiate with the Internet of Things (IoT)
What does Digital Transformation mean for manufacturing companies? Often it means expanding their capabilities into the services space. Selling statistical information from IoT sensors on your devices back to the consumer or using this information as a differentiator against your competition. Other manufactures are adding IoT senors to their manufactured products which provide real-time feedback about their performance, opening avenues to determine when they may be ready for service or replacement. The manufacture then develops a field service arm to perform prevantative maintenance as a value added service.