September 04, 2012
Webinar - Machine to Machine Solutions Cut Costs, Increase Revenue
By Rachel Ramsey, TMCnet Web Editor
Machine-to-Machine (M2M) solutions offer features and benefits such as around-the-clock monitoring, no server or hosting costs, unlimited scalability, data security and reliability and any time, any place administration.
Productivity and uptime are crucial drivers in the manufacturing industry, where machine downtime can cost more than $1 million per day. Reducing machine downtime has an instant beneficial effect on manufacturing production efficiency and output. However, without accurate information on the true amount and causes of downtime, it can be difficult to identify how it can be reduced
M2M devices communicate with each other through a central server, without a human being as intermediary. They use sensors to transmit valuable data, such as fuel levels, room temperatures or inventory capacities, through a wired or wireless network to a software application.
More and more equipment produced today are intelligent devices, based on PLC, CNC, SCADA and PC technologies. With some level of wired or wireless connectivity now standard on these machines, industrial manufacturers are remotely collecting, monitoring and analyzing the machine data. The result is reduced cost, improved uptime, additional revenue opportunities from connected products and improved customer satisfaction.
Also, by feeding valuable machine data into CRM and ERP systems, manufacturers can also optimize or M2Mize business processes, such as pay-per-use billing or inventory management. From service to R&D and operations to sales, virtually every part of your organization can achieve value through connected products.
Join AT&T (News - Alert) and Axeda, a cloud platform provider for connected products and M2M applications, to learn how leading manufacturers are improving uptime while providing higher value to their customers and increasing productivity while cutting costs with connected products. The two companies are hosting a webinar, “Manufacturer’s Advantage, Connected Products: Slash Costs and Increase Revenue” on Thursday, September 20 at 1 p.m. EDT.
Register for the webinar here.
Want to learn more about M2M technologies? Don’t miss the M2M Evolution Conference, collocated with ITEXPO West 2012 taking place Oct. 2-5, in Austin, TX. Stay in touch with everything happening at M2M Evolution Conference. Follow us on Twitter.
Edited by Amanda Ciccatelli