Industries are investing billions of dollars in assets and are facing challenges monitoring those assets. The health of an asset is critical and it hugely impacts the business process. It is essential to keep track of where the asset is, what it is doing and in what condition it is performing. Thus, Asset Management becomes challenging and expensive. With IoT-based Smart Asset Monitoring Solution, we can increase asset reliability, extend asset life, ensure it is not abused and reduce the maintenance cost with predictive maintenance. There are a lot of case studies or examples of new cutting-edge solutions using IoT [...]
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