The asset-intensive industries like manufacturing, heavy equipment, oil & gas, and construction often struggle in real-time monitoring and preventive maintenance of assets.
This is due to lack of real-time and historical visibility into operations, multiple disparate systems spread across different locations and inefficient data processing.
Smart asset management powered by IoT is helping industries overcome these challenges and achieve next level of operational excellence with new revenue streams, which in turn tracks and increases Return on Assets (RoA).
We will explain how to build a connected, intelligent enterprise that can think, predict and act, leveraging smart asset management.
Secondly, we'll discuss key challenges faced while making a business IoT ready and how to overcome them.
Finally, we will show a live demonstration of how we helped the crane dealer maximize the lifetime value of their assets using smart asset management.