IoT and equipment connectivity are vital necessities for original equipment manufacturers, equipment owners and operators who want to maintain or increase market share. Connected equipment solutions not only enable increased uptime and reduces operating maintenance and warranty costs, but also can help companies achieve sustained value and increase return on investment. With real-time asset health monitoring, connected equipment intelligence, value-added analytics, and predictive action planning, a connected equipment solution also helps improve customer experiences, which in turn leads to additional revenue streams and a stronger competitive advantage.
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