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Tech Trends in Remote Asset Management

Jul 01, 2023

LTM-logo
Arpan Deshmukh
Senior Business Analyst, LTM

Transforming Asset Management with IIoT, Big Data, and Edge Computing

Industrial IoT (IIoT), Big Data Analytics, and Edge Computing are revolutionizing asset management by enabling real-time monitoring, predictive maintenance, and enhanced operational efficiency. IIoT sensors collect vast amounts of data from industrial equipment, which is then processed using Big Data Analytics to uncover insights, detect anomalies, and optimize performance. Edge Computing further enhances this ecosystem by enabling localized, real-time data processing, reducing latency and reliance on cloud systems. Together, these technologies improve asset utilization, minimize downtime, and increase Return on Assets (RoA), helping organizations stay competitive in an increasingly digital and connected industrial landscape.

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Case Study
calendar June 3, 2024
Modernize Your Workloads on Snowflake with PolarSled
David Althoff
Chief Business Officer, Insurance

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