Transformation for IoT Business Model in Connected Industrial VehiclesPTC
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|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.|