Transforming the equipment industry with telematics and other disruptive technologies
November 10, 2016Aligning technology with business strategy
Each organization along the equipment industry’s supply chain—from equipment manufacturers, to dealers, distributors, rental providers, and aftermarket service contractors—stands to gain financially by being part of the burgeoning technology evolution. With the continuing buzz and optimism surrounding Internet of Things (IoT), equipment telematics, and always-connected devices, it would be easy to assume these new technologies will instantly solve all your operational issues and miraculously increase profit margins.
This can indeed be true, but only if the technology is applied prudently and in appropriate business areas. History has proven that blind adoption of new technology can actually cause added complexity, and ultimately, be counterproductive.
Click here to understand how equipment manufacturers, dealers, and rental operators can transform their businesses and stand out from the competition by wisely adopting telematics and other disruptive technologies. By using technology in the right areas and applying it to core business operations, equipment companies can:
- Improve equipment uptime.
- Improve safety.
- Eliminate idling.
- Better understand actual costs and customer needs.
- Prevent theft.