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(Solved): 1.) Explain the chart of the ABB case of From niche topic to high ROI killer application" regardi ...



1.) Explain the chart of the ABB case of “From niche topic to high ROI killer application" regarding the optimization of the asset management by using IoT technology. What is the definition of the total maintenance cost for asset management? What is the meaning of the x-axis? How will you decide to adopt IoT technologies?

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From niche topic to high ROI killer application IoT Analytics "In short five years, predictive maintenance has moved from an uncertain, standalone niche use case to a fastgrowing, high return on investment (ROI) application that is truly delivering value to users. Due to advances in and the increase in data points, sophisticated analytics are becoming more and more important." ABB's Develop a vision for your operations


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