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The right IoT solution can enable smarter products that help you build new services that can drive revenue. Equipment-as-a-service (EaaS) is one example of these new services – but this type of business model can seem unattainable at first glance.
Ftortunately, the path to transform from a traditional product manufacturer to a provider of EaaS is well mapped, and there is a clear business case to be made for each step along the way.
Read on for a complete product manager guide to IoT success designed to help you transform both your machines and your business, including 3 critical phases of your IoT journey.