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In an increasingly connected world, the Internet of Things (IoT) is forcing traditional hardware manufacturers to rethink how they run their businesses. The historical make/sell/ship business model is no longer sufficient now that customers expect providers to help them save money and improve their business outcomes. To respond to changing customer demands and offset the industry-wide trend of declining product revenues, many hardware manufacturers are embracing smart, connected products to create new revenue streams. In this infographic, you'll see just how IoT is impacting hardware manufacturers and why embracing digitization is crucial to improving revenue growth in a rapidly changing technological climate.

Read More About How to Digitize Your Traditional Hardware Business

Ready to enter into the age of IoT? Download this free ebook to learn how hardware manufacturers are using smart services to successfully modernize their operations, increase connectivity, and improve revenue growth.

 
 
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