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Smart connected products

Climb the IoT maturity curve to transform your business—and lead your industry

Create more value with smarter equipment

How can you accelerate product development cycles and generate resilient revenue through new services? Leverage IoT connected products to offer your customers new value-adding digital services and create loyalty through an improved customer experience.

Smart connected products enable you to deliver new innovative solutions: remote monitoring, smart field services and performance management. But it doesn't end there. As your IoT maturity increases, you'll be ready to transform your business model and offer Equipment-as-a-Service to build even greater value for both you and your customers.

The numbers tell the story:

billion dollars. The expected size of the Equipment-as-a-Service market expected by 2025, a 6x increase from 20191
%
of McKinsey Machinery & Industrial Automation survey respondents expect to change their business models to be successful in the future2
%
of equipment suppliers are evaluating, planning or offering EaaS1

The concept of make, sell, ship is history right now.”

- Vele Galovski, VP, Research, Field Services & IoT, TSIA 

                    A good, physical product is not enough

In the past, most manufacturers built their reputations by making high-quality physical goods. In the face of increasing competition and changing customer expectations, it’s no longer enough to sell a great product. Instead, manufacturers are finding that offering smart, connected products is key to building stronger customer relationships and more resilient revenue.
How to climb the IoT maturity curve
Your journey to making smart connected products isn't all or nothing. Take steps up the IoT maturity curve and create value at each phase. Technical capabilities go hand in hand with your evolving business strategy to offer new value-added connected products and services. As your IoT maturity increases, you'll have everything you need to transition to an Equipment-as-a-Service model. 
Remote Monitoring
Connect and monitor your equipment for insights into how it's being used in the field. Your teams can use this data to improve new services offerings and power data-driven product development.
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Smart field services
With real-time insights and analytics of historical data, service teams can respond immediately to operational issues—and even anticipate problems before they occur—to improve customer uptime and cut maintenance costs.

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Performance management
Continuously improve overall equipment effectiveness (OEE) with data analytics. Enhance the customer experience and create new outcome-based services through improved uptime, lower energy consumption and better output quality. 
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Equipment-as-a-Service
By combining hardware and services into a single package, you can help your customers lower their equipment Total Cost of Ownership and offer flexible equipment costs that reflect changes in demand. Transform your business and offer a new Equipment-as-a-Service business model, delivering on your customers' desire to only pay for defined outcomes.
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Cumulocity IoT Demo

Looking to find out more about what’s possible with the #1 low-code, self-service, reliable IoT platform?

                    Connect equipment to boost revenue

Make more money by becoming a smart equipment maker. Firms that connect products using Cumulocity IoT increased incremental revenue by 125% over 3 years from advanced IoT analytics and increased win rate up to 50%. Learn more in this Forrester Consulting study commissioned by Software AG. 

                    Learn the secret to revenue resilience

Our customers with smart connected products, on average, increase services revenue 30.5%, decrease maintenance costs 50%, and experience a 23% increase in uptime. Are these measurable results you'd like to achieve? Details in this webinar.

                    See how to connect equipment faster

Finding the right IoT partner is the most efficient way to become a smart equipment maker. You'll need IoT analytics to see how to prevent problems with your products and reduce maintenance costs. You may also need a network of experts to guide you. Learn more about the easy-to-rebrand Cumulocity IoT platform.

                    Bet your future on IIoT

Level up your operations using smart connected machines, real-time data analytics and monitoring on the Industrial IoT (IIoT). Imagine what you can do with a connected manufacturing solution. 

                    IoT Buyer's Guide

Looking to connect and monitor industrial equipment and create value-added IoT-enabled services that significantly differentiate your products and create new revenue streams? Read this guide to help you find the best IoT platform that enables this and delivers the outcomes you want and need.
Smart equipment makers in action
Performance Management
Introducing "smart field analytics"
With edge hardware devices, SMC uses Cumulocity IoT analytics to generate scalable predictive maintenance, leakage detection and energy efficiency monitoring.
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REMOTE MONITORING
Improving uptime and productivity
With its IoT platform unlocking new condition monitoring capabilities, Flexco reduced costly field service visits while improving uptime and production.
Read story
EQUIPMENT-AS-A-SERVICE
An IoT-enabled service model
WAINS offers its customers a smarter solution for pest management, including real-time remote monitoring that delivers significant time and cost savings.  
Read story
Read more success stories
You may also like:
Cumulocity IoT Solution graphic
Solution
Do more with IoT for faster business results
Innovate new services and experiences, optimize operations and accelerate outcomes with an ecosystem—in short, become a truly connected enterprise with the Internet of Things.
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Customer story
Flexco: Industrial asset management gets IoT boost
Utilizing Flexco's highly successful Elevate solution, its customers are able to monitor their conveyor cleaning systems in harsh, hard to reach locations, predict when interventions are needed without sending expensive field inspection teams, and save money by optimizing production.
Read customer story
Free Trial
See how easy IoT can be—for free
Discover the great things you can do quickly with the Cumulocity IoT platform. Get started today.
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Analyst Report
A Leader in the Gartner® Magic Quadrant™ for Global Industrial IoT Platforms, 2022
Optimize operations, improve the customer experience and innovate with an IIoT platform leader. Gartner has named Software AG a “Leader” in the Gartner Magic Quadrant for Industrial IoT Platforms, 2022.
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White Paper
A better way to IoT: Buy and build
See why buying an IoT solution to provide capabilities out of the box and building your own innovative services on top is the fastest, most sustainable way to generate value with connected products. 
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Analyst Report
Get 339% ROI from IoT in 3 years
What if your IoT platform delivered 339% ROI in 3 years, with less than 1 year to payback? If you’re considering whether to build, buy or replace an IoT platform, explore the expected cost savings and business benefits of Cumulocity IoT.
Read analyst report
Are you ready to see how easy IoT can be?
Put the power of IoT data in the hands of many across your organization to quickly climb the IoT maturity curve.
1. IoT Analytics, Equipment as a Service Market Report 2020-2025; 2. Changing market dynamics – Capturing value in machinery and industrial automation, McKinsey

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