Investments in technology, although necessary, are often not considered due to financial uncertainties on the part of companies. Linked to this, the local and international economic scenario and the organizational culture of companies also reflect on this decision.
Logicalis' IoT Snapshot report , released this year, provides an overview of investments in the Internet of Things in Brazil in 2021. According to 44% of respondents, the budget is the main inhibitor for the adoption of IoT.
Followed by organizational culture (33%), which can be less or more conservative in adopting more technology.
In the view of those who use and see the value of IoT in business, operational efficiency (68%) is highlighted as the main benefit for adopting the technology. Productivity /agility and decision-making support follow closely behind in the ranking.
Also according to the report, 42% of Brazilian companies expect to invest in IoT projects in the coming months, with the manufacturing sector being one of the most interested. For this market [FM1] and others such as sanitation, energy and infrastructure, Above-Net 's Bridgemeter industrial IoT turnkey platform enables multiple forms of return on investment (ROI).
The solution allows integrators, machine manufacturers and companies that rent industrial equipment in different plants to, firstly, receive critical data in real time on the operational status of each equipment and predictive analyzes that identify anomalies, notifying the production teams. maintenance and preventing the development of possible problems.
With predictive analysis, there is a reduction in unnecessary calls from the field team, a reduction in logistics costs and failures through permanent intelligent monitoring. This way, the plant does not suffer interruptions in operation for equipment maintenance, thus increasing its efficiency.
In addition to the aforementioned returns, Bridgemeter , when embedded in equipment, allows the addition of the machine's real-time monitoring service as a white label solution.
Return on investment with predictive analytics As an example, we can use an industrial boiler manufacturer. By using Bridgemeter embedded in its equipment, it provides the market with an intelligent product with real-time telemetry support and remote access.
In this way, the manufacturer acquires crucial data about its own equipment, which can later be transformed into business intelligence. It can also start charging an additional fee in maintenance contracts to end customers who want access to Bridgemeter data, dashboards and alarm rules to monitor their boilers.
Bridgemeter detects combined conditions of degraded equipment operation and triggers a prescriptive maintenance plan in real time to correct the problem immediately.
Adding to customer satisfaction with the service provided, the manufacturer will have the following returns on its investment: image of a company that invests in technology, product modernization, crucial data on the operation, business intelligence and additional revenue when reselling the solution to end customers.
SaaS Business Model Maximizes Return on Investment
“ Bridgemeter ’s subscription business model provides non-technology companies with immediate uptake of an IoT solution. Otherwise, a large investment and a qualified team would be needed to develop an industrial telemetry solution”, commented Marcelo Ramos, Vice-President of Above-Net .
Above-Net 's Industrial IoT platform is offered in a solution-as-a-service (SaaS) format with investment based on OPEX and zero CAPEX investment. With a small monthly fee per monitored point, it is possible to implement a high availability industrial solution [FM1] and data security without worrying about developing and integrating systems that deviate from your company's business model.
