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 Condition-based maintenance (CBM) is a very real option for manufacturers who want to deliver a cost-effective service solution. By using real-time machine data, enterprises can switch from scheduled preventative maintenance to condition-based maintenance to save costs and with IoT, OEMs can offer it.

In this session, Verizon will discuss its scalable CBM solution for OEMs and Losant will discuss how its IoT platform powers Verizon’s solution and gives the company the ability to change requirements on the fly. Discover the immediate benefits of a CBM solution and how you can act now to become a leader in Industry 4.0.

Lastly, you’ll get to see what a CBM solution looks like for an OEM. You will take away practical knowledge about how to offer and implement a uniquely branded, service-based solution for your supply chain. This will give you the ability to create new revenue streams while controlling your cost of entry.

Definition: Condition-based maintenance (CBM), shortly described, is maintenance when a need arises. This maintenance is performed after one or more indicators show that equipment is going to fail or that equipment performance is deteriorating. CBM is based on using real-time data to prioritize and optimize maintenance resources.

Join us to hear from Verizon and Losant as they share how condition-based maintenance can come to life.

What attendees will learn:
  • Real benefits and practical application of condition-based maintenance.
  • How to start quickly with one piece of equipment.
  • How to create a unique experience tailored to your client (customers, suppliers).

Who should attend:
  • Business leaders in OEMs, and in manufacturing that need to offer a branded service-based solution.
  • Aftermarket Sales Managers, Directors of Strategic Sales, and Product Managers seeking new revenue streams.
  • Supply Chain Managers looking to use data to enhance customer service with field personnel and suppliers.

Presenters

Charlie Key
Co-Founder and Chief Executive Officer
Losant


Pat Hughes
IOT Product Manager- IIOT/Condition Based Maintenance
Verizon

Moderator

Ken Briodagh
IoT Editorial Director
IoT Evolution World