Published on 05/30/2017 | Strategy
With all the buzz around IoT, it is easy for industrial manufacturers and their service business heads to get carried away with the hype and rush headlong in to IoT initiatives. While IoT opens up a world of value creation opportunities for manufacturers, it can only be as effective as the underlying business strategy. Manufacturers should explore the entire gamut of service opportunities that they can potentially address, evaluate their current capabilities and make a set of strategic choices. Based on this they should build the required capabilities including IOT enabled capabilities.
In this paper, we look at a framework that enables manufacturers to target opportunities, and how connected equipment can enable them in addressing these opportunities. The framework is primarily targeted at B2B Industrial Manufacturers who have an opportunity to play a bigger role in their end customer’s business, across sectors like construction and mining equipment, elevators, power equipment and industrial automation.
You can read and download the full report on WiPro here
