DUBLIN–(BUSINESS WIRE)–The “Growth opportunities from best practices and new business models in connected assets” report has been added to from ResearchAndMarkets.com offer.
Strings of data from vehicles, machines, products and facilities are generated to alert users to asset operating conditions. Data is created to inform users of the location and condition of assets and if something is about to go wrong. This data is produced constantly, and organizations that recognize and find ways to monetize it can become market leaders, while others will have to constantly monitor dashboards on mobile devices that can only report what is happening. happened and offer a comparison with faults likely to occur in the future.
Connected asset platforms change solutions based on the need to act while connecting users to everything they need to track and trace to view products, people, and processors remotely. Connected assets use intuitive interactive platforms supported by powerful engines.
Industries and businesses use connected assets to deliver products and services that act as smart devices and respond to external and internal stimuli. Smart connected assets provide features such as feedback based on past performance and material availability; the ability to predict future failures; and meeting 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 maintenance. reactive maintenance.
As smart connected operations become an important future trend in the industrial operations space, factory production lines will integrate the IIoT with manufacturing operations, management applications, and assets. Due to the shift to smart connected enterprises, manufacturing companies and solution providers are investing in IIoT to merge IT and OT solutions and facilitate business leader review processes by improving connectivity, networks, data storage and analytics solutions to transform industries in the long term. .
Main issues covered in the report:
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What are the drivers and brakes of growth?
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How has the COVID-19 pandemic affected the market? Has this resulted in the emergence of new business models?
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How are the new models different from the traditional models? Which players continue to use the classic models and which opt for the new ones?
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What are the growth opportunities in the connected assets market?
Main topics covered:
1 Strategic imperatives
2 Connected Assets – An Overview
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Impact of the COVID-19 pandemic on connected assets and digitization
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Distribution channels of connected technologies in the industrial space
3 Analysis of growth opportunities
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Market factors
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Market constraints
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Technologies serving the environment of connected assets
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Case Study – Honeywell Connected Distributed Centers
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Case Study – Emerson’s PlantWeb
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Case Study – Rejig Digital
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Drivers of new business models
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Evolution of business models
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Current business models
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Subscription-Based Models – Use Cases
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Pay-As-You-Go Models – Use Cases
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Outcome-Based Models – Use Cases
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Product Models as a Service – Use Cases
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Main potential business models
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Connected Assets – Future Growth Areas
4 Universe of growth opportunities
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Growth Opportunity 1: Sustainability to unlock new opportunities in the post-pandemic world
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Growth Opportunity 2: Industry 5.0 to Accelerate the Future of Automation
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Growth Opportunity 3: No Code to be the future of intelligent automation tools
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Growth Opportunity 4: IIoT Solutions to Disrupt End-User Business Models Across Various Industries
Companies cited
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Honeywell
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Emerson
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Reorganize the digital
For more information on this report, visit https://www.researchandmarkets.com/r/8tuhm7
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