IoT83

Building and maintaining IIoT solutions is a cost-heavy process program. In the USA, the cost of basic hardware and software integration can range from $50,000 to $200,000. And with industrial OEMs, the total cost of ownership for IoT adoption is not just limited to hardware and software integration, but installation cost, maintenance, updates, and security measures to keep their networks and data in check. And above that, they also have to spend hefty sums on scaling the IoT infrastructure as their businesses scale. Going for traditional platforms with vague promises should now be a thing of the past for you if you want to position yourself in the green bar shown in the graph. What you need is a platform that not only saves the upfront cost but also expands the IIoT capabilities as needed, spreading out expenses over time (transforming CapEx into OpEx). With Flex83, an enterprise-grade Application Enablement Platform that offers you the opportunity to build customized and use-case specific solutions that meets real-world requirements of industrial OEMs such as Asset Performance Management with AI ML powered predictive analytics, smart integrated systems, field ops, inventory / warranty / energy management, supply chain optimization and more. Business transformation through IIoT isn’t just to save costs but also to roll out customer centric product features, maintain superior competitive edge, expand market share, introduce new revenue streams and ensure business continuity. Make sure you are spending your money to build solutions that are cost-effective and scalable. Choose Flex83 today! #BusinessTransformation #IIoTSolutions #AssetManagement #WarrantyManagement #DigitalTransformation

The IoT Value Creation happens when you move past the MVP, and this is where Low/No Code IoT Platforms get stuck. An advanced pro-code application enablement platform is the only way to move beyond MVP and develop actual problem-solving and industry use-case specific solutions that yield far greater ROI, saves significant costs in maintenance, warranty, inventory, energy management and more. Onboard Flex83 as your AEP to accelerate your IIoT driven business transformation. Speak to us: Book a Meeting: https://zurl.co/mZgJ Phone: +1 (650) 996 6650 Email: contact-sales@iot83.com To find more, visit: https://zurl.co/Y5wG

The technology and business curve runs at varying velocities, ideally when a new technology appears businesses wait until it becomes more mainstream to start building business cases around it. Speaking of IIoT-driven business transformation for industrial OEMs, the success entirely lies in the approach or methodology adopted at the initiation. The graph below represents the difference between traditional (80% failure) and smart adoption. While strategizing for developing smart industrial solutions such as asset performance management, predictive / preventive analytics, remote monitoring, field ops, smart integrated systems and more, pro-code capable Application Enablement Platforms proves to be the most effective approach. From POC carry forward to production-ready MVP to fully scalable solution, Flex AEP ensures complete IIoT adoption, leading to an array of customized OEM applications. P1: Level 1 Plateau of Specialized OEM Applications P2: Level 2 Plateau of Specialized OEM Applications #ApplicationEnablementPlatfform #BusinessTransformation #IoTSolutions #EaaS

The technology and business curve runs at varying velocities, ideally when a new technology appears businesses wait until it becomes more mainstream to start building business cases around it. Speaking of IIoT-driven business transformation for industrial OEMs, the success entirely lies in the approach or methodology adopted at the initiation. The graph below represents the difference between traditional (80% failure) and smart adoption. While strategizing for developing smart industrial solutions such as asset performance management, predictive / preventive analytics, remote monitoring, field ops, smart integrated systems and more, pro-code capable Application Enablement Platforms proves to be the most effective approach. From POC carry forward to production-ready MVP to fully scalable solution, Flex AEP ensures complete IIoT adoption, leading to an array of customized OEM applications. P1: Level 1 Plateau of Specialized OEM Applications P2: Level 2 Plateau of Specialized OEM Applications #ApplicationEnablementPlatfform #BusinessTransformation #IoTSolutions #EaaS

Stepping into new writing formats has been always a knack for me. Wrote this article for IoT83 along with Ankush R.. And coffee was involved, of course! "With new-age technology disruptions and the IIoT advent in almost every vertical, the manufacturing industry is not left untouched, leading to many OEMs strategising for their business model transition. Here, smart manufacturing–the enviable goal of every Original Equipment Manufacturer (OEM)- is now a theoretical concept and a reality. This is where Industrial IoT comes into the picture. The technology-driven approach drives internet-connected equipment/machinery to communicate with the cloud-based solution, turning asset data into valuable machine usage patterns/analytics to enable remote monitoring, predictive/preventive maintenance through AI/ML, or to enable servitization through As-a-Service Models for OEMs to secure newer revenue streams and gain competitive advantage." Click to read ✨

Explore the essential IIoT solution capabilities that can take your business to newer heights. From enterprise integration and asset onboarding to asset smartification, these smart industrial solution capabilities can ensure long-term sustainable growth for your business. #DigitalTransformation #Innovation #IIoT

Embracing the business transformation journey can be daunting for OEMs—but with the power of Industrial IoT, these complex processes becomes easier. While multiple OEMs rely on the key inflection points like embedded systems, wired/wireless connectivity, connected IIoT edge, and device management to drive transformation, it is not enough. You need an advanced platform that brings true customization and scale your solution as the business grows. However, creating and deploying these applications with a traditional approach is risky and includes prominent costs and increased time. That’s where the Application Enablement Platform (AEP) comes in! With an AEP, you can accelerate your business transformation journey much faster. Speak to Us. Email: contact-sales@iot83.com Contact: +1 650-455-6961 #IIoT #BusinessTransformation #Flex82 #DigitalTransformation

What is unit economics, and why is it crucial for an OEM's success? Building remote management with complex Data Analytics, ML, AI workloads in OT/BT applications can lead to increased spending on infrastructure for OEMs. It's vital to design scalable infrastructure that grows with the business. OEMs need to know the cost per unit/device across millions deployed at various growth stages. How can they ensure profitability as business scales? Unit Economics analysis is key. Explore more on Flex83 Core Service, a microservice-based scale ready IoT platform, and Flex83 IaC for simulation, monitoring, and infra configuration tools to aid in unit economics analysis. IoT83 #IIoT #SaaS #Innovation #OEMs #Flex83 #IoTSolutions #IoTPlatform #SmartOEM #IndustrialIoT #SmartManufacturing #BusinessTransformation