It’s no secret IIoT can generate incremental revenue for aftermarket services and increase customer lifetime value. In this current economic climate, though, many companies are looking at IIoT to deliver Everything as a Service (XaaS) or outcomes-based sales for the first time. It’s a counter punch; at a time when revenue’s been disrupted, XaaS with IIoT is a way to create predictable revenue and margin.
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rti
In episode 31 we learn what the future of the oil and gas industry will look like. RTI Market Development Director Mark Carrier explains the technology transformation underway and touches on some of the latest trends in automation.
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gartner
What are the top 10 emerging trends and technologies that will drive the Internet of Things (IoT) over the next five years? In this complimentary IoT webinar, Gartner expert Nick Jones dives into a wide array of IoT concerns, including on-chip identity, security, and AI ethical IoT; novel wireless networks; infonomics; IoT governance models; and edge and fog architectures. We'll also identify some technologies which are important but more niche or over-hyped and will take a long time to reach their full potential.
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Organisations have traditionally struggled with deploying and managing the network connectivity solutions needed to power their IoT applications – an endeavor that only becomes more complex on a global scale. With challenges ranging from technology availability and device compatibility, to complex logistical processes and multi-SKU devices and SIMs, to disruptive network shutdowns – there are many factors that must be considered to successfully sustain the required levels of connectivity.
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