SPEAKERS & SESSIONS
Meet the Speaker: Dan Miklovic
Session: Managing the Asset Lifecycle in an IIoT World
Managing the Asset Lifecycle in an IIoT World
Digital Transformation means shifting to new production, business, and customer engagement models and enabling unprecedented business possibilities like packaged services of industrial equipment, selling capacity instead of capital and improved performance. For industries that rely on physical assets to produce the goods and services they deliver, smart connected assets are at the heart of their Digital Transformation efforts. Asset Performance Management (APM) has been an area of early success for smart connected assets. Many of the ROI case studies for deploying smart connected assets have centered on their value in improving the reliability of production equipment. It is obvious that lower downtime leads to higher productivity, but it can also contribute to improved quality as well. The question that many businesses have is “How will Smart Connected Assets, coupled with APM, enable me to transform my business in this age of digitalization?” In this session we will review the status of organizations moving to Smart Connected Assets, the drivers behind it and the steps to take to move forward.