IoT at the Edge: Moving towards an Equipment-as-a-Service business model

Commercial and industrial product manufacturers are under increasing pressure to create value-added services, both to differentiate their products and create new revenue streams. Many are seeing the benefits of IoT-enabled services—and yet transitioning from a traditional business model based on product sales to one focused on EaaS (Equipment-as-a-Service) can be a challenge.

The IoT edge continuum makes the transition to EaaS revenue models far easier, enabling equipment makers to update their business models and deliver new services to customers.