Softweb Solutions Inc.

Insights

 

Smart asset monitoring – bringing the new era of transparency and efficiency

Today, the Internet of Things (IoT) is revolutionizing businesses in several ways as we can see more and more companies are implementing innovative, smart solutions to increase the efficiency and profits. A number of connectivity options, standardized protocols, low-cost sensors, scalable IoT platforms, data ingestion, analyzing, and storage capabilities are some of the reasons behind the accelerated growth and adoption of IoT.

"IDC’s report suggests that global spending on the Internet of Things will reach $1.29 trillion in 2020."

This whitepaper talks about IoT and how they can be leveraged to monitor, track, and optimize assets remotely. Since IoT-based solutions are turning out to be the ‘X-Factor’ to gain competitive advantage, surveys show that enterprises are considering IoT as a ‘must look at’ initiative. The paper also highlights the importance of data acquisition so that the data can be further analyzed and used for predictive maintenance.

In this whitepaper you will learn about:

  • Demand for asset monitoring solution
  • Diverse objectives of asset monitoring
  • Traditional ways to manage assets
  • IoT-enabled smart asset monitoring
  • Smart asset monitoring on the shop floor – future business scenario
  • Smart asset monitoring vs traditional monitoring
  • Automation
  • Machine learning and predictive analytics
  • How smart asset monitoring drives value to your business

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