Unlocking the Path to Smart Products with IIoT Differentiation
In a report by McKinsey, 70% of equipment manufacturers surveyed were unable to scale their IoT initiation beyond pilots. The journey from pilot to full-scale implementation is often fraught with delays, with 85% of companies spending over a year in pilot mode and 28% languishing for more than two years. This phenomenon, known as 'Pilot Purgatory', hampers progress and stifles growth. Flex83 offers a robust opportunity to this prevalent issue. By allowing OEMs to rapidly build powerful and specialised industrial solutions, we help you capture the full value of Industrial Internet of Things (IIoT) implementations, ensuring that you do not miss out on the potential ROI and other benefits such as long-term competitive advantage, access to broader markets with new business models, and more.
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Strategic Value of Flex AEP from a Leadership Perspective
Flex AEP empowers OEMs and enterprises by accelerating IIoT adoption and unlocking new revenue streams through fast time-to-market, competitive agility, and seamless integration. It combines cost-efficient scalability, advanced analytics, and predictive maintenance into an enterprise-ready package, offering full control over operations and robust cybersecurity. With Flex, organizations can achieve business continuity, leverage advanced services, and foster system-wide synergy, delivering far more value than isolated applications.
Platform Alternatives for Building Smart Industrial Solutions
Open Source
- Cost to Develop: Very High
- Time to Market: Very Long
- Specialty Skills: Very High
- Future Flexibility: Low
Build From IoTaaS
- Cost to Develop: Very High
- Time to Market: Long
- Specialty Skills: Very High
- Future Flexibility: Low
Consultant Services
- Cost to Develop: Very High
- Time to Market: Long
- Specialty Skills: Very High
- Future Flexibility: Low
AEP
- Cost to Develop: Low
- Time to Market: Short
- Specialty Skills: Low
- Future Flexibility: High
Why Executives Consider Flex83 to Create a Resilient Business Model?
Analysis-Based Decisions with Prudent Investments
Make informed decisions that align with long-term business goals and optimise investment returns.
Foundation for a Recurring Revenue Model
Establish a reliable foundation that supports continuous revenue generation through IIoT solutions.
New Revenue Streams
Leverage Asset Performance Management (APM), Asset Reliability Management (ARM), and AI ML powered Predictive Maintenance to create and protect new revenue streams.
Mitigate the Threat of Delayed Time-to-Market
Reduce the risk of delayed product launches with our efficient implementation strategies.
Significant Increase in Return on Investments
Experience significant ROI through optimised processes and effective utilisation of resources.
Deliver Value with Resource Optimisation
Maximise the efficiency of your resources, delivering greater value to your business operations.
Align Product Vision with Business Goals
Ensure that your product development is seamlessly aligned with overarching business objectives for sustained growth.
