Accelerate Business Transformation with Lexmark IoT
The Internet of Things offers countless opportunities for manufacturers—provided they can master all of the data generated by these connected devices. Capitalizing on IoT insights can lead to new revenue streams, improved customer experiences and innovative product designs - which can be further leveraged for competitive advantage.
79.4 zettabytes
$2.4 trillion
Is Your IoT Project Stuck in Pilot Mode?
Skill shortages
47% of IoT adopters say they don’t have enough skilled workers, which slows everything down.
Source: Microsoft Signals Research
Specifically, 37% of manufacturers say they lack the ability to prepare IoT data for analytics, while 33% cite a lack of data science skills.
Source: IDC
Difficulty integrating IoT data silos
Rapid IoT adoption is increasing data generation. However, all of this data is not being integrated and optimized for insights, which can lead to productivity and efficiency losses.
Source: ANSI
Lack of an integrated IoT platform
Only 10% of manufacturing organizations are using a platform to harness and analyze their IoT data. That’s a big reason why all those great insights are still sitting in silos.
Source: Gartner
Among those that do have a platform, 79% are more satisfied with their commercially leveraged solution versus 60% of those who built their own IoT platform.
Source: IDC
Security concerns
32% of organizations say security is a primary concern with connected product deployments. Data breaches and device jackings are the result of a lack of vulnerability management, which you can’t get without the right IoT platform.
Sources: IDC & Enterprise IoT Insights
Imagine the IoT Possibilities
Enable Predictive Services
- Elevate service delivery
- Evolve beyond reactive support
- Reduce costs of service
Optimize Asset Life Cycle Management
- Maximize product life cycle for greater efficiency
- Reduce costs and grow profitability per device
- Achieve sustainability/ESG/recycling goals
Unleash Systemic Innovation
- Enhance R&D product design
- Optimize manufacturing quality and cycle times
- Improve QA testing efficiency
- Implement predictive demand planning
- Eliminate siloed data
Gain As-a-Service Revenue
- Increase engagement flexibility with customers
- Secure recurring revenue and speed customers’ time to market
- Achieve visibility for improved forecasting
Get Unstuck with Lexmark
Accelerate IoT and Business Transformation
The numbers show why the Lexmark Optra IoT Platform works
Predictive
Services
Predictive Services
As-a-
Service
As-a-Service
Asset Lifestyle
Management
Asset Lifestyle Management
Unleash
Innovation
Unleash Innovation
Engineered IoT Platform
IoT Platform
Suite of Accelerators
Accelerators
Expert Consulting Services
Consulting
- Built on best-in-class, modern cloud architecture using open standards for flexibility and scalability
- Easy to deploy with a highly visual portal interface for rapid adoption
- Boosts ability to operationalize data from connected devices and core systems
Engineered IoT Platform
IoT Platform
Suite of Accelerators
Accelerators
Expert Consulting Services
Consulting
- Presents real-time data visualization via pre-made reporting dashboards and business process templates for specific use cases and personas, such as business executives, product marketing and supply chain operations
- Low-code/no-code interface to manage data flows, apply rules and take actions, as well as for quick integrations with business applications
- Includes pre-engineered data pipelines, algorithms, and machine learning and artificial intelligence models for faster implementation
- KPI blueprints help you measure success and fast-track insights, efficiencies, and time to value
Engineered IoT Platform
IoT Platform
Suite of Accelerators
Accelerators
Expert Consulting Services
Consulting
- Dedicated professional services with decades of experience to help overcome your skills gaps
- Knowledge spans architecture, security, data science, business processes, customer relationship management, and more
- Accelerate the IoT journey with a charted, phased path to meet your specific business outcomes
LEAN ON LEXMARK
Lexmark is a manufacturer that has been doing IoT for 20 years, before it was even cool.
