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One of the identified growth opportunities for the company lies in what it describes as hyperconnected business transformation. Fujitsu works with customers to co-create digital hyperconnected capabilities that combine IoT with digital technologies, AI and network offerings, with the aim of delivering a 360-degree view of the business.
The company has been on a mission to transform itself into a digital services company. It had originally planned to introduce a new structure in 2023 to unify its capabilities to drive more customer value. Ricoh will now implement this change ahead of schedule to respond quickly to the rapidly changing business environment caused by COVID-19.
Working with connected devices for both industrial and consumer IoT, Innominds helps OEMs achieve operational equipment efficiency. It largely works on projects that address its clients' 'servitization' strategies by helping to design and build next-generation assets.
The company sees IoT as a foundational technology providing businesses with a way to leverage more data that may reduce costs, enable revenue growth and impact tax liabilities. While EY's primary role is to give advice, many clients need a more hands-on approach from those that are guiding the principles for standing these services up.
Digital twins and digital thread need to be integrated with field services to move effectively to new business models. Accenture's Industry X initiative is positioned to underpin its clients' 'servitization' strategies from concept to delivery.
The company has created the Siemens Digital Enterprise Services business to help solve customer problems. Within this portfolio of services, IoT is an enabler of the flow of data, typically to and from a plant, or to and from a product.
The company launched its IoT Services Suite to provide end-to-end IoT services to support the digital transformation of Smart Cities and Smart Connected Spaces. The release marks a significant change in Qualcomm's strategy, moving the company from silicon vendor to systems integrator across the entire IoT technology stack.
Industrial organizations and their value chains increasingly rely on IoT to keep the lights on and to connect workers, especially where there is a requirement to provide remote maintenance. As companies report sustainability goals alongside financial profits, Avanade sees opportunity for IoT deployments to enable new business requirements.
Adoption of the Internet of Things was already growing rapidly before the global pandemic, which has only served to accelerate projects to help enterprises better cope with the challenges of remote work, workplace safety, and safeguarding employees and customers.
Industrial customers are looking to provide additional revenue streams based on as-a-service delivery. Tech Mahindra's expertise in working on IoT-enabled digital transformation projects with customers positions it to achieve ROI for clients by working on internally focused monetization use cases.
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