| What is IoT? | Improved business insights and customer experience | Cost and downtime reduction |
|---|---|---|
|
System of interrelated computing devices and mechanical and digital machines that have the ability to transfer data without the need for human interaction.
What is the definition of IoT?
|
They can better fulfill the consumer's needs and improve customer experience.
What happens when a company understands how a customer uses their products?
|
Digital models of physical assets built from real-time data.
What is Digital Twin technology?
|
|
$520 Billion.
How much money is the IoT market expected to grow to by 2021?
|
Connecting with customers and reducing friction with them.
What does the future of retail rely on?
|
Slash operational costs and system downtime.
What can digital twin technology help do?
|
|
60% in 2018 up from 40% in 2016.
What percent of enterprise customers considering exploring new use cases?
|
Improved stock/inventory control, supply chain management.
Benefits of IoT implementation?
|
23 Days.
How far ahead does digital twin technology help you plan?
|
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