OEM Servitization with IoT | Sensorfy's Gijs Meuleman | Internet of Things Podcast

IoT For All Podcast · 30 May 2023 · 20m

What this episode covers

Gijs Meuleman, CEO and founder of Sensorfy, explains how industrial OEMs can transition from transactional sales to servitization by integrating IoT solutions for predictive maintenance. He details the technical challenges of ensuring long-term battery life and reliable wireless communication, as well as the business case validation process involving proof of concept and algorithm development. Meuleman highlights that while most companies are in the early stages of this journey, those who successfully implement outcome-based models gain recurring revenue and competitive differentiation.

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