Commercial and industrial product manufacturers are under increasing pressure to create value-added services, both to differentiate their products and create new revenue streams. Many are seeing the benefits of IoT-enabled services—and yet transitioning from a traditional business model based on product sales to one focused on EaaS (Equipment-as-a-Service) can be a challenge.
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In our upcoming webinar, we discuss the broader application of the IoT across the smart home and smart city industries. This will include a closer look at the smart transportation and logistics fields. During the webinar, we will discuss a range of smart technology topics.
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The Internet of Things (IoT) is a network of connected physical devices that use sensors and Application Programming Interface (API) to exchange data over a network. In recent years, the number of IoT devices have rapidly increased from 2 billion in 2006 to 23.14 billion in 2018. Given its current growth rate, the number of IoT devices is expected to reach 50 million by 2020. Consequently, modern developers are actively searching for avenues where they can learn more about this upcoming technology and equip themselves for the future changes.
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Trident Infosol
During the webinar, we will discuss how to transform your products and the way they’re produced using the Internet of Things (IoT) solutions. All with the ultimate goal of reducing downtime, saving energy, and increasing revenue.Also we help providing manufacturers with a ‘cognitive assistant’ to minimize defects and increase product quality, where you are able to reduce inspection time by 80 percent and manufacturing defects by 7-10 percent.
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