Manufacturers are transforming products, processes, and services to drive profitable growth
IoT is a fundamental technology enabler — a network of uniquely identifiable endpoints (or "things") that communicate using IP connectivity without human interaction.
Key benefits of IoT for manufacturers:
- More up-time, product reliability
- Closed-loop feedback to drive quality improvements in future products
- Profitable growth
- Improved customer service, customer experience, and customer loyalty
Connected products share information on their status - including location, temperature, and other condition/performance data Product-as-a-Service becomes possible.
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