Addressing IoT Tech Expo in London, Kalman Tiboldi, Chief Business Innovation Officer, TVH Group disclosed that the trend if not a normal hype but it will generate enormous value in the long run. The industrial internet will set new benchmarks to change the economic and business models.
To transform business models, you need to establish clear objectives in the initial phase. atrick Bass, CEO,
If you are not aware, IoT Tech Expo was recently held in London. The event management showcased companies who have worked hard to integrate the industrial internet to gain massive business value.
KonecranesWith over 600 service centers in 50 countries, Konecranes has been involved in lift business serving the needs of process industries, shipyards, terminals, and ports. The company makes effective use of IoT to change the way they interact with customers, distributors, and others. It enables the company to modify the product design thereby providing efficient service.
ThyssenKruppThyssenKrupp is an established industrial group dealing with elevators, components, material services and much more. The company has established a partnership with Microsoft to implement IoT in their journey towards an industrial internet. The company provides an ability to capture data, cloud transmission including providing all parameter specific data in a single dashboard.
TVH GroupTVH Group deals with distribution of spare parts for various industrial
The IoT Tech Expo will take place in Berlin on June 13 and 14, where you will be able to visualize the real world examples of how IoT is