Stand Out From the Competition, Unlock New Business Opportunities
The Industrial IoT is uncovering new opportunities in the air compressor market, providing manufacturers with new capabilities to increase revenue and enable cost savings. Remote sensing coupled with technological innovations in machine data processing can now produce smarter machine data, giving manufacturers meaningful insights and actionable intelligence on their air compressors.
With predictive maintenance, manufacturers can prevent downtime at their customer’s factory by anticipating needs for repair and fixing their air compressors before there is any chance of equipment failure. The availability of smart data from air compressors allows manufacturers to add new layers to their existing business models: Instead of selling air compressors as a one-time capital expense alone, they can offer data-driven services and charge customers for using the air compressors under a subscription model.