Business models in the age of the Industrial IoT are changing. We are moving from large capital expenditures to a “pay-as-you-go” model. This is commonly referred to as equipment-as-a-service (EaaS), or “servitization.” This means that risk must be re-negotiated along the value chain and first movers must define their business models with an uncertain outcome. View the recording of our webinar with ARC Advisory Group to learn more about how to achieve your desired business outcomes.
- Business in the Industrial IoT (IIoT) age is moving to EaaS.
- The end-to-end technology stack in IIoT (edge/device management, middleware, data analytics) is a driving force of the fourth industrial revolution.
- Business outcomes from IIoT projects can be insured with a warranty from insurers such as HSB/Munich Re.