As the industrial internet of things brings automation to an array of verticals, the as-a-service model is evolving to fill an emerging market for the hardware – sensors and other devices – that make up the so-called “things” in the industrial internet of things.
This growing market is referred to by Lux Research analyst Isaac Brown, in a new report titled “Predictive Maintenance: The Art of Uptime,” as equipment-as-a-service.
