As an account manager, I work with OEMs to collaborate on solving customer issues.
In the past, those expectations may not have been easy, but they were tangible – move through x products per hour, reduce energy usage by x percent.
Today, understanding customer expectations is becoming more complicated as the Internet of Things (IoT) reaches the plant floor.
IoT is a concept, not an easily implemented set of technologies. It can be difficult for OEMs to sort out the tangible how and why of incorporating this concept into their machines and equipment. But as end users change their priorities to reach smarter manufacturing goals, OEMs need to stay one step ahead.
As the ARC Advisory Group has stated, “Industrial IoT provides original equipment manufacturers with new visibility that enables value-added services, competitive advantage for product design, and revenue growth. Adoption is no longer an option.”1
They're right. As more end users move to a Connected Enterprise, they're looking for added value beyond machinery or equipment.