IoT delivers better anlyisis and customer efficiency from collected data

New users of IT and communication technology produce large amounts of data. When properly collected and analyzed on dedicated IoT platform, it can enable significant savings in operation and maintenance while helping to improve quality of service.

How IoT can improve the way assets are managed?

• Greater Adoption of Predictive Maintenance
• Real-Time Data Analysis
• Accurate Performance Metrics (such as mean time between failures (MTBF) and mean time to repair (MTTR) can be calculated automatically)
• Recommended Repair Actions
• Tighter Parts and Inventory Control
• Remote Assets
• and many more
   

By combining IoT data with cognitive computing, an industry can express essential perceptions to enhance the view of their actions and validate new and innovative business models. 

IoT is a reality due to the connection of several technologies, including wireless communications, micro-electrical systems and of course, the Internet.