IoT analytics is the analysis of data generated from connected devices. The true value of IoT solutions lies in the data. Every connected device can generate thousands—or even millions—of data points every day. Contained in that IoT data are the answers to business problems, diagnoses for machine failures, and even predictions for the future. The analytics process can be simplified into three steps: first, capture and process data; next, apply logic to the data to unlock value; and finally, produce insights to enhance decision-making and operations across the enterprise.
Unlocking value from data that is captured from connected products, processes, and people to improve and optimize business outcomes is the ultimate goal of every IoT project.
Scale to new markets, improve throughput, and unlock new business models such as products as a service.
Get to market faster using a rich set of industrial IoT capabilities. Wrap and extend existing assets within your connected solution
Leverage data from connected products and systems to increase productivity, lower cost, and increase efficiency.
Make product, service, and factory operations more secure and scalable. Improve service quality, reliability, and satisfaction.
Take control of your deployment options with on-premise, cloud, or a hybrid approach. Support any industrial use case with flexibility.
Manufacturers equip their assets and production lines with sensors to monitor performance. This allows them to monitor the quantity and quality of the assets they are producing. Better quality products lead to reduced costs and scrap along with better customer experiences—all of which contribute to revenue gains.
In addition to being able to leverage IoT data to improve factory processes, manufacturers can use IoT analytics to understand how the things they have built are performing in the real world.
Vendors that used to simply sell products are now able to sell those products as a service, where customers pay based on monthly usage. Manufacturers are also able to offer other value-added services such as over-the-air updates to software.
Built for end-to-end solutions with a complete set of must-have capabilities, ThingWorx is recommended by industry analysts, trusted by customers, proven in the field, and preferred by partners.
Digital Performance Management helps identify, prioritize, act on, and monitor problem-solving opportunities for the greatest potential P&L impact.