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Improving Asset Management

According to Harbor Research in their 'Creating New Value with M2M Solutions' whitepaper:

Asset Management is one activity that is now being transformed by the use of network-connected devices and M2M technologies. The ability to monitor physical assets and equipment remotely at low cost has profound implications for efficiency, customer service, and revenues and, as a result, market position. At the very least, such monitoring offers the opportunity to:

  • decrease the cost of servicing
  • decrease equipment downtime
  • increase asset utilisation
  • increase residual asset value
  • increase customer satisfaction
  • increase service and product revenues

In turn, these clear business benefits can have substantial follow-on advantages, for example improving customer retention, reducing competitive threat, and increasing asset or equipment life.

Smart-Link™ offer exactly that; in the Copier Case you can see how improved asset information can decrease the cost of servicing and increase the assets up-time. The Kiddie Ride Case illustrates better control of revenues and increase of the asset utilisation.

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