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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As businesses move from largely home-based working to a hybrid model, it raises challenges such as how to leverage the benefits and successes of home working and apply them in a hybrid work environment. Technology considerations include rising technology costs, telephony requirements and how to adopt effective and productive working practices. As a result, there has been a surge in businesses reviewing their communication technology to adapt to this changing landscape.
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IoT Connectivity Platforms can play an important role in boosting the enterprise value of your business. However, the industry has made it difficult to understand the difference between the available platforms, what they can do for you and if they are necessary for your IoT deployment.
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In this talk, Gilmore outlines the unique challenges of data operations and analytics in the IoT environment, examines how human and machine interactions drive architecture and deployment, and identifies where we could work to improve our data strategies to fully leverage the IoT opportunity.
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