As our world becomes more connected, the resulting technological climate has had a growing impact on the way traditional hardware manufacturers run their businesses. “Why Services is the Big IoT Opportunity for Hardware Manufacturers," a free ebook by TSIA's Vele Galovski and Harald Kopp, is a roadmap hardware manufacturers can use to navigate the path to digitization and unlock the new business opportunities presented by smart services and the Internet of Things (IoT).
As traditional products become more commoditized, the data that can be collected from hardware can potentially deliver more business value than the physical component.
Why Services is the Big IoT Opportunity for Hardware Manufacturers
Discover New Opportunities in IoT for Hardware Manufacturers
While there are tremendous opportunities to be had in the age of IoT, without a clear understanding of where those opportunities lie, and most importantly, how to monetize them, it's easy to make costly mistakes. In this free ebook, you'll learn:
- The impact of "big data" on manufacturers
- The basics of smart, connected products
- The Remote Services Continuum and how to monetize an IoT strategy based on its three phases
- Examples from industry pacesetters that will help you navigate this transition
- How to create a digital value chain
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TSIA's Remote Services Continuum is a three-step approach that can be used as a roadmap for companies that want a better understanding of how to use IoT capabilities to provide more value for their customers and monetize services.
This ebook aims to provide hardware manufacturers with an introduction to new business opportunities that can be unlocked with IoT, as well as outline a plan for navigating this transition based on examples from industry pacesetters.
Vele Galovski, VP of Field Services Research, TSIA
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