Today, the Internet of Things (IoT) is revolutionizing businesses in several ways as we can see more and more companies are implementing innovative, smart solutions to increase the efficiency and profits. A number of connectivity options, standardized protocols, low-cost sensors, scalable IoT platforms, data ingestion, analyzing and storage capabilities are some of the reasons behind the accelerated growth and adoption of IoT.
“Business spending on IoT solutions will hit $6T by 2021”. – Business Insider
This whitepaper talks about IoT and how they can be leveraged to monitor, track, and optimize assets remotely. Since IoT-based solutions are turning out to be the ‘X-Factor’ to gain competitive advantage, surveys show that enterprises are considering IoT as a ‘must look at’ initiative. The paper also highlights the importance of data acquisition so that the data can be further analyzed and used for predictive maintenance.
In this whitepaper you will learn about:
- IoT-enabled smart asset monitoring
- Demand for asset monitoring solution
- Diverse objectives of asset monitoring
- Smart asset monitoring on the shop floor – future business scenario
- Smart asset monitoring vs traditional monitoring
- Automation
- Machine learning and predictive analytics
- Remarkable use cases of smart asset monitoring
- How smart asset monitoring drives value to your business
