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EP 190 - Transitioning from CAPEX to OPEX-based Offerings with IoT

Industrial IoT Spotlight

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Shifting to IoT-based OPEX Models in Industrial Businesses

The chapter explores how Relayer, led by the CTO, focuses on leveraging machine data for predictive maintenance and shifting towards service-centric business solutions in industrial sectors. It emphasizes the transition from CAPEX to OPEX models using IoT technology, particularly in scenarios with elevator manufacturers, and discusses the integration of financial services and insurance elements into these offerings.

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