Predictive Asset Management: The IoT Analytics and Ecosystems Play

Predictive Asset Management: The IoT Analytics and Ecosystems Play

  • May 2019 •
  • 10 pages •
  • Report ID: 5777421 •
  • Format: PDF
This IDC Perspective outlines the role of analytics software and ecosystems in the success of Internet-of-Things (IoT) projects in asset maintenance across industries. Traditionally, asset maintenance has often been seen as no more than an obligation or even a liability for industries owning asset-intensive processes."A proactive maintenance strategy -- based on machine learning, AI, and a 360-degree view of the assets enabled by IoT -- is gaining recognition within major asset-intensive industries, such as manufacturing and automotive, and becoming the new paradigm," says Marta Munoz, EMEA IoT Practice Leader, IDC Europe.