May 6, 2019
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May 6, 2019
In our previous blog, Getting Industrial IoT Connectivity Right, we looked at the many ways in which the Industrial IoT (IIoT) can be used by Original Equipment Manufacturers (OEMs) to network their equipment and then use this connectivity to improve their equipment’s performance, streamline their operations, launch new services and otherwise create value in ways that are impossible with non-networked equipment. Realizing these benefits, OEMs are using the Industrial IoT right now to create value in a variety of markets you might expect, including agriculture, manufacturing and transportation and logistics. The IIoT is also being used in some markets you might not expect, such as with commercial washing machine OEMs beginning to bring the IoT to the laundry business.
OEMs can even use the IIoT to move from selling commercial washing machines to selling Equipment-as-a-Service (EaaS). By monitoring how often their commercial washing machines are used by customers, OEMs can transition from a CapEx business model, where customers purchase machines, to an EaaS or pay-as-you-go OpEx business model, where customers pay for the use of the machines. Such business models provide OEMs with predictable, long-term service-based revenues, while allowing their customers to avoid high up-front equipment costs and more easily scale up or down their use of the OEM’s commercial washing machines as their business needs change.
How can OEMs like Girbau, Alliance Laundry Systems, Onnera Group and Dexter Laundry develop a smart, efficient plan to develop and integrate these types of IIoT applications into commercial washing machines? What key considerations should they keep in mind as they work to build, test, deploy, scale and update these applications? How can Sierra Wireless’ IIoT solutions and services – including its OctaveTM data orchestration solution, Ready-to-Connect modules, Smart SIMs and AirVantage IoT Platform – help them address the challenges that often slow or prevent rollout of these applications and fully realize the opportunities offered by the IIoT? In our next blog in this series, we will answer these and other common questions faced by commercial washing machine OEMs as they seek to realize the benefits of the IIoT and transform their businesses.
In the meantime, Start with Sierra to learn more about how Sierra Wireless’ services and solutions can allow commercial washing machine and other OEMs use the IIoT to reimagine the future.
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