24 June 2019
People in charge of managing the performance of physical assets in industries such as energy and utilities, mining and real estate are now reducing overall maintenance costs by 5-10 percent.1 They’re also increasing equipment uptime and availability by 10-20 percent.2 If results like these don’t make their competitors nervous, I don’t know what will. These best-in-class organizations are achieving dramatic operational transformation, reducing costs and ultimately achieving a competitive advantage – and they’re doing it through the use of IoT data and AI.
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