Value of connected assets
A recent report on How to Measure IoT Success from Beecham Research and sponsored by MultiTech (www.measureiotsuccess.com) highlighted major business benefits now being delivered by IoT solutions. Benefits such as: Cost Reduction, Automation, Process Improvement, Adding Value, and Predictive Maintenance.
Meeting business objectives with IoT
Making efficiency gains and reducing cost is often easier and quicker
to achieve than driving new revenue and enabling new business models
– essentially digital transformations.
Key area related to this include:
- Cost Reduction
- Automation
- Process Improvement
- Adding Value
- Predictive Maintenance
