For manufacturers today the Industrial Internet of Things (IIoT) is front and center in virtually every business publication and also the central focus of almost every vendor from automation suppliers to enterprise software suppliers’ sales and marketing programs. There is no doubt that the IoT is transforming commerce in several industries; one only needs to look at Uber, Netflix or Airbnb to see examples of whole new business models in the consumer sector.
Asset Performance Management is based on the concept that healthy assets are the foundation of a healthy business. At the heart of the IIoT and APM is what LNS Research calls Smart Connected Assets. Download this white paper to see how these Smart Connected Assets that will drive the changes in the manufacturing landscape going forward.