Banner Engineering - Case Study
For Immediate Release Thu Nov 17, 2016 12:11:00 AM MST

Enabling and monetizing the Industrial Internet of Things

The Challenge

Over the last decade, increased global demand for “personalized” products and services that satisfy market, regional and cultural needs, have compelled manufacturers to fundamentally re-think how they sell, manage and support their offerings. The advent of the IIoT (IndustrialIntenet-of-Things) has paved the way for IoT-enabled platforms, services and devices to re-define how value is created. Manufacturers are now discovering the benefits in monetizing and managing their “products” as a subscription of bundled “services”.

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