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Delivering Business Outcomes with Industrial IOT

Business models are changing in the age of IIoT. Many industrial enterprises are moving from large capital expenditures toward a “pay-as-you-go” model; commonly referred to as equipment-as-a-service (EaaS), or in some cases “Servitization”.

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With this move, risks must be re-negotiated along the value chain, and companies have to define their new business models with a focus on business outcomes. Enterprises not willing to adapt have a lot to lose as profitable service contracts may be endangered by the significant efforts these companies are making to secure their conventional revenue streams.

In the free webinar session on Wednesday, February 13, 2019 @ 10AM (CST), ARC and the IOT specialist relayr will discuss:

  • Business in the age of IIoT and its move towards EaaS
  • The end-to-end technology stack (edge/device management, Middleware, data analytics) in IIoT as a driving force of the fourth industrial revolution
  • How to adapt your business model to focus on business outcomes
  • IIoT projects and their business outcome can be covered with a warranty through an insurance solution backed by HSB / Munich Re

To register for this session on Wednesday, February 13, 2019 @ 10AM (CST), please click here: http://relayr.io/arc/

“Reprinted with permission, original blog was posted here”. You may also visit here for more such insights on the digital transformation of industry.

About ARC Advisory Group (www.arcweb.com): Founded in 1986, ARC Advisory Group is a Boston based leading technology research and advisory firm for industry and infrastructure.

For further information or to provide feedback on this article, please contact lkanickaraj@arcweb.com

About the Author:

Florian Güldner

Florian’s focus areas are the discrete industries with a special focus on PLCs, AC drives, motion control, and discrete sensors.

Florian has experience in the automation industry with Siemens and has a strong background in energy markets. In particular he worked for AREVA in Germany and the US, as well as for E.On Energy. At ARC, Florian specializes in economic modeling, time series and business cycle analysis, and forecasting. He is also experienced in strategic marketing and mergers & acquisitions.

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