A playbook for thriving in an IoT world
A playbook for thriving in an IoT world
Drive business results and continuous innovation by transforming your engineering practices and product designs.
As products become more sophisticated, producing them becomes increasingly complex.
Without a complete digital definition of a product, traditional product development processes are subject to inefficiencies.
These factors result in products arriving late to market, causing reduced market share and profitability.
Engineering teams work on a complete digital model of the physical product
All teams have continuous access to product data in context
Real operating conditions drive engineering simulation and quality analysis
Enterprise traceability of the complete digital product and system representation
Both real and virtual sensors are implemented into product designs for continuous feedback
Products collect essential data throughout their own operational phases
Collaborate with distributed stakeholders using AR/VR visualization
Continuously monitor and analyze key performance metrics
Predict, track and support resolution of performance issues, needs, upgrades, and customer demands
Track products through their entire product lifecycle
Take advantage of new access to data, analytics and insights
Informed by real-time enterprise and performance data and powered by AR/VR and IoT technology
Continuously improve your operational performance and flexibility through digital manufacturing, real-time intelligence and predictive analytics.
Customers demand high-quality tailored products, delivered in shorter windows of time, at globally competitive prices.
Traditional approaches to improving production efficiency are no longer sufficient to maintain or extend competitive position.
Manufacturing executives must continue to improve margins and quality while increasing speed and flexibility.
One unified data source provides real-time operational information from disparate assets, sensors, systems and external sources
Status and performance of assets, production processes, and product quality are monitored in real-time. Anomalies and alerts are communicated via text, e-mail, web, and mobile dashboards.
Real-time, actionable, role-based access to operational information enables proactive and faster decision making
Maintenance, quality, and performance issues are predicted in real-time by applying machine learning to data from assets, sensors, and business systems
Immersive factory experiences improve training, work instructions, quality validation, maintenance execution, and operations monitoring by layering digital information onto the user’s physical world
Manufacturing processes, quality plans, and work instructions are defined and delivered digitally
Continuous improvement is executed with unprecedented speed and minimal risk, utilizing agile methodologies to rapidly create and continuously evolve innovative manufacturing applications
Operational visibility is extended to include supplier’s production status and quality performance using IoT edge connectivity
Aligned availability of assets, materials, tooling, and labor, at the right time and location to ensure flawless execution of production orders
Standardized KPIs are used across assets, cells, lines, and factories to identify and disseminate best practices
Physical manufacturing processes are compared with digital models to identify opportunities for continuous improvement
Drive unprecedented value for your customers and your
organization by redefining the entire service model.
Manufacturers are redefining their business models using IoT and connected assets.
Trane has increased profitability and customer lifetime value, shifting the balance of service revenue to
OEMs face threats from inefficient inventory management, reactive service models, high costs, and aftermarket competition.
Customers demand enhanced service models, and poor service experiences erode customer satisfaction and loyalty.
Service leaders are responsible for driving more revenue and profitability for their enterprise.
You always know where your products are and how they’re performing
Technicians and customers always have the latest information about parts and service
Access up-to-date digital service information and part catalogs for seamless identification and ordering
Technician visits, when necessary, are far more efficient
Product maintenance issues are identified and fixed before they occur
Routine technician visits have been replaced by remote service, software updates, and customer resolution
Parts inventory is more effectively planned
A digital representation of an asset’s configuration and condition, current and historical
Contracts based on the utilization of assets
Create and deploy new value-added service offerings
Analytics and product feedback enables design for service
Quantifiable risk assessment to meet service level agreements and achieve profit margins
Maximize your competitiveness and ability to quickly sense and respond to market trends and supply chain opportunities.
Fast fashion business models have changed customer expectations around cycle times, even as supply chains have become increasingly complex.
Product choice has expanded exponentially, and consumers expect to find exactly what they want at the lowest price - whenever, wherever, and however they choose to shop.
Retailers who fail to adapt to the new paradigm are losing margin, market share and relevance.
Always know when and what styles should be carried over, replaced, dropped, or refreshed
The voice of the consumer is incorporated frequently
Vendors lend their expertise into product development and costs
Products incorporate new data-driven features and characteristics that resonate with consumers
Virtual sampling and 3D-design enable faster cycle times
Vendors become strategic partners
Shift from traditional seasons to more frequently and rapidly delivered product lines
Make product decisions based on real-time data
Consumers can personalize product features during the buying process
Vendors and retailers can seamlessly adapt to market demands
Continuously deliver assortments that capitalize on trends at the right time
Only PTC has the IoT solutions to help your company unlock unprecedented performance through complete end-to-end IoT-enabled transformation.
PTC is an IoT leader with a proven track record of providing billions of dollars in business value to more than 32,000 customers. For 30 years we’ve helped some of the world’s leading companies gain a competitive edge in engineering, manufacturing, and service.
Only PTC has the combination of IoT solutions, smart, connected support, and customer success services to help your company achieve maximum value at every step of its transformation.
PTC leverages best in class technologies and partnerships to offer powerful, purpose-built solutions that let your company take full advantage of IoT. No matter what the future brings, we’re ready to help you outperform the competition.