Section 508

August 7th, 2018

Taking a Proactive Approach to Predictive Maintenance and Asset Utilization

The key to IoT success is to establish a holistic IoT Platform strategy and architecture to realize business performance goals and allow organizations to focus on the enabled business reinvention. In a report on the future of IoT, IDC found that the true value of IoT is being realized only when the software and services come together to enable the capture, interpretation, and action on data produced by IoT endpoints. With the amount of data being produced in the connected world, this is where many organizations seem to fall behind the eight ball, due to the fact that most solutions are reactive to data issues, not proactive. Until now. Information Builders and DMI have come together to create an IoT Accelerator. A framework that provides a pre-built IoT solution that bridges the gap between business and technology by leveraging IoT and next-gen data analytics. The pre-built accelerator is designed to simplify and address some of the most common challenges in optimizing asset utilization, creating a quicker time-to-market with a proactive approach to utilizing valuable data and collected assets.

Why should you care about IoT Accelerators?

This isn’t our first rodeo. As a pioneer in the Connected Car, we’ve been at this for over 20 years. Leveraging real-time sensor data to support new business models, customer experience and operational efficienciesavailable for nearly every industry. And Information Builders brings in their software expertise in the form of the data ingestion tool. Together our IoT accelerators do the hard part so you can focus on maintaining your overall business value.

  • Rapid development: Why start from scratch when we have a platform that is already prebuilt? The accelerator is a highly customizable platform that allows you to get to market quicker to create rapid service deployment and IoT monetization.
  • Analytics and Data Management at IoT Scale: With this Accelerator, organizations can use predicative and prescriptive analytics across platforms to reduce downtime, maintenance costs, and improve efficiency. The analytics tools have the capability to filter out additional noise by upholding a deeper understanding of sensor data and analytics.
  • Highly Customizable: There’s no one size fits all here. The platform is built out with personalized views and dashboards, KPI and report libraries based on each individual or organizational requirements.
  • Proven Architecture: The accelerator platform is made up of a modular application architecture comprised of pre-configured statistical models, reports and dashboards to help jumpstart your development.

Due to the huge influx of data being created, scaling IoT initiatives can be a difficult and complicated process. Companies need to find a better and less expensive way to process data and secure connected devices in an environment where there are minimal regulations. The accelerator offers state of the art, end-to-end IoT solution frameworks that allow faster time to market regardless of where the user is in their IoT journey.

IoT Acceleration Framework

The accelerator framework is built for agility. So, if you’re focusing on a different problem or have a different vision for what is needed, we can rapidly accommodate these requirements based on your specific concept. For example, with simple accelerator extensions, organizations can predict maintenance in advance, detect anomalies, advise on the remaining useful life of an asset to reduce downtime and maintenance costs, minimize unplanned freight stops, enforce fleet compliance, curate driver scorecards and improve overall efficiency, delivering a unique competitive advantage.

The IoT Accelerator Key Components:IoT Framework

*Many organizations already use some of these components – we can plug and play any existing pieces into our framework to create a streamlined IoT ecosystem.

Additional benefits from the IoT framework can be seen here:

To get a better understanding of what the IoT accelerators can do for you, visit our website to learn how DMI and Information Builders solve unique business problems by unifying and surfacing data to deliver actionable, data-driven insights that enable business growth and operational efficiencies that can maximize your IoT investments.

John Melucci
Business Development Director

Tags: Asset Utilization IoT IoT Accelerator Predictive Maintenance

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