Did you know that only 15% of device manufacturers offer predictive services, and just 7% provide products as-a-Service? It’s not surprising given that many IoT initiatives remain stuck in pilot mode due to operational hurdles and extended ROI timelines.
Harnessing IoT to convert device data into actionable intelligence is a challenging endeavor, but it can lead to measurable rewards. Over 20 years ago, Lexmark embraced this challenge, integrating IoT into its product line to mine actionable, real-time data.
Using IoT technology, Lexmark has created a global managed services business that autonomously generates 80% of support tickets, increased profitability by 25% and boosted recurring revenue by 40%.
In collaboration with IndustryWeek, Lexmark experts discuss how they leveraged IoT to transform their business and how other manufacturers can do the same.
In this webinar, you will learn how to:
- Directly link IoT initiatives to business value
- Quickly deliver meaningful intelligence from device data
- Overcome common hurdles to successful IoT implementation
- Achieve meaningful outcomes in as little as 90 days
With their deep experience and proven success, Lexmark is well positioned to guide other manufacturers on their IoT transformation journey.