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Lexmark reinvents how manufacturers use ‘Internet of Things’ – The Lane Report

Internet of Things

LEXINGTON, Ky.At the IoT Tech Expo North America virtual even, Lexmark, a global technology solutions leader, announced a new portfolio of proven solutions to help customers quickly unlock the value of the Internet of Things (IoT), accelerate digital transformation, and realize business outcomes.

Lexmark Optra IoT Solutions leverage the company’s industry-leading cloud, IoT, and connectivity technologies and expertise, supported by its heritage as a maker of connected devices and long-time leader in managed services.

“We believe IoT has the power to transform all types of industries. Companies only need the right tools to harness it, enabling them to grow and innovate,” said Allen Waugerman, president and CEO of Lexmark. “Lexmark figured it out. We unleashed the power of IoT and built a solution that we have used for years in our own business to achieve measurable benefits for our customers and ourselves. Lexmark Optra IoT Solutions can do the same for other companies.”

The first offering, available today, is the Lexmark Optra IoT Platform, a ready-made IoT solution to help customers jumpstart their business transformation, creating better products and more advanced services at lower costs.

Connect data and accelerate results with IoT

McKinsey estimates 84% of companies working on IoT are stuck in pilot mode. Compounding this situation is the vast amount of data that exists in silos across business applications and beyond the organization’s walls. Due to these complexities, uncovering actionable insights from the data is extremely difficult.

With the Optra IoT Platform, Lexmark brings the ability to harness IoT and achieve business outcomes to makers of connected devices beyond print. The solution includes:

  • An engineered platform built on leading technologies that enable manufacturers to combine and operationalize siloed data from connected devices and core business systems.
  • A suite of accelerators including algorithms, machine learning, and artificial intelligence models, reporting dashboards, and business process template that fast-track insights and efficiencies and speed implementation, quickly delivering business value.
  • A team of dedicated consultants who will use their expertise to help customers realize the full value of their investment and navigate their IoT journey.

The Optra IoT Platform is available now in North America and select markets in Europe.

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Source: https://www.lanereport.com/146959/2021/09/lexmark-reinvents-how-manufacturers-use-internet-of-things/

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