Presented by Spencer Cramer, ei3 Corporation
Machine-to-Machine (M2M) technology refers to the ability to communicate data
between machines, people and enterprises to enable remote monitoring and service. This technology will have a greater impact on the metallizing, coating and laminating industries than the adoption of PLC based controls, digital drives and even industrial computers. This paper examines the fast moving dynamics of the adoption cycle for M2M within the converting industry. It looks at economic fundamentals including Return On Investment (ROI) and Total Cost of Ownership (TCO) to build the case for rapid adoption of this revolutionary business model. Success stories are presented, including how one OEM company is increasing customer satisfaction with M2M service technology, as well as how a large manufacturing company is using M2M monitoring to view their production status in real time.
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