By introducing IoT connectivity to manufactured machinery, it becomes possible to access a world full of new possibilities. One of the most immediate benefit is the option to control the entire fleet of machines remotely and be able to take actions remotely. This is only the first step. Thanks to IoT connectivity, crucial and impactful business opportunities can open up.
In fact, with connected machinery it becomes possible to introduce high value-added services that significantly change the way the customer works with the machine. These services make it possible to enter new market segments and build customer loyalty, shifting the plane of competition from the traditional performance/price comparison to the package of services offered.
What does it mean for an entrepreneur to invest in IoT? It means discovering new worlds in which the use of machinery, which can be remotely governed in an increasingly precise manner, brings real business benefits. It means increasing customer loyalty. It means increasing the product’s value with services.
It means preparing machinery for the generational leap that is coming.
Changing the way we compete. Moving away from a product/price competition, focusing on services.
Business growth. Enter new market segments and build customer loyalty through advanced services.
Decisions supported by multiple information. Application data can be used to design subsequent machine models and take targeted action on customers.
Create new sources of revenue for the business IoT connectivity and additional services can be resold directly to customers, providing new sources of revenue.
Remote support lower time and cost.Decreased service costs and intervention time lead to higher customer satisfaction
Industry 4.0 Benefits. In Italy with the National Transition 4.0 Plan, those who purchase connected machinery enjoy benefits and tax breaks.