7 Steps to Grow Profits in Industrial Automation
Create new revenue streams with software monetisation processes.
The Industrial Internet of Things (IIoT) is changing the way goods are planned, produced, sold and used. Manufacturers are moving from traditional hardware-centric business models to new digital business models that leverage the value of software, data and services.
This trend is especially apparent in industrial automation, where manufacturers are under increasing pressure to innovate, maximize revenue and deliver an excellent customer experience.
This white paper will discuss the realities of IIoT and review the 7 key success factors for software monetisation, including:
- Get Ready
- Identify Your Objectives
- Plan for Revenue Growth
- Increase Operational Efficiency
- Increase Customer Satisfaction
- Strengthen Security and IP Protection
- Prepare Your Business
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