Transformation for IoT Business Model in Connected Industrial VehiclesPTC
Logistics & Warehousing
Total Cost of Ownership - Total cost of ownership is lowered due to GPS controlled seed and fertilizer application which results in lower input costs and less waste.
Remote Device Diagnostics - Real-time status reports enable maintenance personnel to remotely diagnose the status of a device.
Predictive Maintenance - The solution allows CNH Industrial to enable predictive maintenance which helps reduce maintenance costs.
The average time that combines, tractors, and harvesting machines are out of commission for maintenance has been reduced by approximately 50% due to the proactive service approach.
The engineering data could reveal that when the water temperature on a particular model rose to certain level, 80% of the time the vehicle was experiencing a faulty radiator.