A CXP Group study found that 95% of companies describe their current maintenance processes as not very efficient. Major challenges that companies face include unplanned downtime, sudden failures and aging infrastructure which can bring innovation to a halt.
Companies can now proactively identify problems and push fixes including spare-parts, software, hardware and firmware to eliminate possible points of failure or degraded performance that end-users could experience – ultimately increasing customer satisfaction and competitive advantage. Siemens MindSphere, the cloud-based open IoT operating system, enables companies to transform data into productive business insights which will increase operational efficiencies and reduce costs.
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Siemens is a sponsor and supporter of the CXP Group research.