The manufacturing industry is at a turning point. Traditional revenue models focused on product sales are no longer enough to stay competitive. Original Equipment Manufacturers (OEMs) must evolve beyond manufacturing and embrace IoT-driven services to remain profitable in an increasingly connected world.

IoT enables OEMs to shift from one-time product sales to recurring revenue streams through smart, data-driven offerings. In this playbook, we’ll explore how OEMs can leverage IoT to create new revenue streams, enhance customer experiences, and future-proof their businesses.

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