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We’ve all seen some eye-bulging numbers in recent years about the internet of things (IoT). Since 2011, General Electric has publicly stated it would spend more than $1 billion on developing sensors, wireless devices, and related software to install on its aircraft engines, power turbines, locomotive trains and other machinery.
But Daimler Trucks North America (DTNA) is using the Internet of Things to resolve the uncertainty. In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It is creating new opportunities that were only dreams a decade ago.
But Daimler Trucks North America (DTNA) is using the Internet of Things to resolve the uncertainty. In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It is creating new opportunities that were only dreams a decade ago.
For some time now we’ve been living into a smarter world filled with Big Data and analytics, and a more connected one that’s been described as “ the internet of things.” ” In this world, customers expect their suppliers to surround their products with data services and digitally enhanced experiences.
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