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TECH BUYER May 2019 - IDC Perspective - Doc # EUR145051618

Predictive Asset Management: The IoT Analytics and Ecosystems Play

By: Marta Muñoz Méndez-VillamilResearch Director, IDC EMEA, Angela SalmeronResearch Manager, European Future of Work

Abstract

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 Muñoz, EMEA IoT Practice Leader, IDC Europe.


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