Transformation for IoT Business Model in Connected Industrial VehiclesPTC
Logistics & Warehousing
|[Cost Reduction], [Operation] - Total cost of ownership is lowered due to GPS controlled seed and fertilizer application which results in lower input costs and less waste.|
|[Efficiency Improvement], [Maintenance] - Real-time status reports enable maintenance personnel to remotely diagnose the status of a device.|
|[Cost Reduction], [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.