Data strings from vehicles, machines, products, and facilities are generated to alert users of asset operating conditions. Data is created to notify users of asset location and condition and if something is about to go wrong. This data is churned out constantly, and organizations that acknowledge and find ways to monetize it can become market leaders, while others will constantly have to monitor dashboards on mobile devices that can only report what has happened and offer a comparison with defects likely to occur in future. Connected asset platforms alter solutions based on the need to act while connecting users with everything they need to track and trace to view products, people, and processors remotely. Connected assets use interactive intuitive platforms backed by powerful engines.
Industries and businesses use connected assets to deliver products and services that act as intelligent devices and respond to external and internal stimuli. Smart connected assets offer features such as reactions based on past performance and material availability; the ability to predict future failures; and adherence to performance and other compliance requirements. Connected assets have emerged as IIoT, Big Data, data analytics, and other technologies have converged with IT/OT and other traditional operational platforms to facilitate predictive maintenance rather than reactive maintenance.
GROWTH PIPELINE DIALOG™
Take your first step towards achieving growth-centric solutions with our
Growth Pipeline Dialog™. Speak to our industry experts in a complimentary open discussion that will spark innovative thinking and growth opportunities that will benefit your organization.