Unforeseen manufacturing equipment failure, high maintenance costs, and a lack of data integration due to disparate systems are all detrimental to operational efficiency. Analytics and IoT solutions that offer centralized monitoring, predictive maintenance, and connected logistics help combat these challenges.
Reducing carbon footprint is at the forefront of green initiatives. An effective way to reduce carbon emissions is to monitor and manage energy consumption. Leveraging analytics and IoT solutions is imperative for becoming smarter about energy consumption, but more importantly, in helping to preserve the future state of the world.
With next-day delivery becoming the new norm in customer service, companies are under a lot of pressure to meet demands in order to remain competitive. Mapping out the safest and most efficient routes is challenging when dealing with unpredictable weather, growing congestion, and failing infrastructure impacting road conditions. Being able to pinpoint assets en route at any time or place accurately is critical, and having the visibility to ensure cargo and driver safety elevates your business.
COVID-19 has forced significant changes in the industrial space. IDC analysts provide their insight and findings in this market overview to help you prepare for the future.
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