The journey to transforming your business operations increasingly centers on your physical assets – connecting and digitizing them – collecting performance data, curating it to glean insights, and develop new business models or approaches.
But with three in five executives admitting they struggle to realize value from their IoT initiatives, plus access to assets being limited following the outbreak of COVID-19, getting started and just as importantly, executing on your efforts, is easier said than done.
Recent research suggests unplanned asset downtime can cost organizations an average of $260K per hour. Advances in analytics, AI, edge computing, IoT sensors, and hybrid-cloud platforms are combining to deliver enterprise asset management insights that reduce downtime and optimize maintenance, repair, and operations.
So, how can sensors, connected devices, and AI work together, in a truly end-to-end approach, to help you better understand and manage your assets, workflows, and product lifecycles? How do you identify the right use cases for your business that will provide the most value in a reasonable amount of time? How do you overcome both technical and cultural resistance to change? And what does the roadmap for IoT as part of digital transformation success look like at your organization?
Join IBM, Arrow, and a group of IT and operations leaders for this exclusive roundtable to find out how.