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How to Optimize Asset Management with IIoT

Industrial manufacturers are looking for ways to optimize performance in every aspect of plant production. One approach focuses on the Industrial Internet of Things (IIoT) as a way to produce quantifiable gains in asset management, thanks in part to advances in wireless networking, miniaturization, and more powerful processors that are turning IIoT sensors into mini-PCs. These breakthroughs can help organizations achieve substantial improvements in asset management and shop floor processes.

In this white paper, we explore the benefits of IIoT-connected service monitoring frameworks to enhance the reliability and extend the functionality of industrial equipment. We also look at the implementation challenges that companies face as the mandate for increased digital services grows stronger. Finally, we look at the importance of analytics for enhancing time-to-value of asset performance data and for gaining actionable insights to upgrade management levels. 

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