Use IoT remote monitoring services to create new revenue streams

How much recurring revenue do you get from the sale once a customer takes ownership of their industrial equipment? Is remote access available?

Watch this webinar and learn how to get started with IoT remote monitoring and remote service. Extend your revenue cycle to match the length of the product’s lifecycle and build better customer relationships while you’re at it.

Register now for this on-demand webinar to learn the key features of Siemens' remote access solution:

• Schedule maintenance – only when needed – without interrupting production
• Remotely identify machine problems and then repair, update, or adjust machine parameters
• Prevent unscheduled downtime and reduce travel costs
• Reduce time between detecting a problem and applying a solution
• Order spare parts only when needed
• Build a foundation for innovative new services

Remote equipment monitoring

Remote equipment monitoring allows industrial machine and part builders to remotely monitor the health, condition and status of machines in the field. This allows you to immediately and remotely diagnose, repair or update equipment as well as reduce the time between detection and solution. Extend your revenue cycle to match the length of the product’s lifecycle and build better customers relationships.

Provide remote monitoring services

Remote condition monitoring involves connecting to the sensors on in-service equipment through IoT, and then remotely tracking how and when the product is being used and how it’s performing. By implementing remote monitoring services, machinery builders can add a revenue stream to equipment sales and increase maintenance effectiveness based on data-driven decisions. With insight into the machine data, companies are able to offer unique services to their customers, such as maintenance as a service, optimization as a service, pay-per-use leasing and dynamic warranties.

Key features of Siemen’s remote service and remote condition monitoring solutions

MindSphere®, the industrial IoT as a service solution from Siemens, not only provides off-the-shelf solutions for remote condition monitoring, but it uniquely includes remote service. This allows for predictive maintenance, providing real-time trend data that shows fluctuations in asset behavior and sends alerts when fluctuations exceed accepted, user-defined norms for that asset. This approach eliminates the waste associated with unnecessary preventative repairs while alerting maintenance personnel to problems before they become severe, allowing for phased, scheduled maintenance based on documented need.

Watch our webinar to learn more about the key features of Siemens’ remote service solutions and how you can differentiate your service offerings to improve customer loyalty.

Meet the presenter