Conference Presentation

How the Internet of Things is Transforming the Industrial Equipment Industry

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Many companies are eager to learn more about and participate in the “internet of things” and with good reason: The new types of products that are being developed are disrupting value-chains and forcing companies to rethink nearly everything that they do.  Understanding what a smart, connected product is, how successful companies have implemented them, and the significant implications to business strategy are critical to the success of every Industrial Equipment and Technology company. The topics covered in this session will include:

  • Connected Products and the Remote Monitoring Continuum
  • The rise of “Product as a Service”
  • Outcome-based Revenue Opportunities
  • Operational considerations from Long Term Talent Management to Spare Parts Supply Chain

 

Presented By:

Vele Galovski

Vice President, Research and Advisory, Field Services, Technology Services Industry Association (TSIA)

Publish Date: March 17, 2015

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