Transition to Selling Services
Commercial washing machine providers are using the Industrial IoT (IIoT) to expand their businesses. They are leveraging data, generated by machines in the field, to make services a significant revenue stream.
New, value-added services such as real-time monitoring, remote troubleshooting, and predictive maintenance help equipment makers set themselves apart from the competition and generate recurring revenues that buffer their business against times of economic uncertainty. Furthermore, such services increase customer satisfaction and loyalty.
For more than 25 years, Semtech (formerly Sierra Wireless) has been helping companies in the industrial sector design, develop, and deploy reliable and cost-effective IoT-based solutions. We provide the only device-to-cloud solution for IoT and offer proven expertise to help you leverage real-time data to grow your business.