New Service Offerings Emerging for Industrial OEMs: Cloud-based Remote Monitoring and Mobility

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Presented at Cloudslam 2014 by

Steve Pavlosky

The cloud is creating new revenue opportunities for equipment OEMs in the industrial market, as they are being pressed to deliver new and higher levels of services to their customers without increasing their costs. An opportunity to create these new service offerings has materialized through the realization of the promise of the Industrial Internet – or Internet of Things – which helps manufacturers connect their intelligent machines to gather data and insights that can empower operators and business managers to make smarter, more informed decisions that can save time and money. Taking advantage of secure cloud services, which reduce initial investment costs for OEMs, has provided a jump start for many of them to realize this opportunity.