Smart Connected Products - 10 Week POC

Concurrency, Inc.

Smart Connected Products engagement will turn your "dumb" products into "smart" products.

Smart Connected Products engagement will turn your "dumb" products into "smart" products. The opportunities are endless by applying Azure IoT, Azure Sphere, Azure Synapse and Azure ML. This package turns your current offerings into smart offerings that add new revenue and capabilities to your customers. Deliver new Customer Experiences with Smart Connected Products.

Summary

  • Create new revenue opportunities to sell predictive maintenance through sold product
  • Create new digital experiences through connected product engagement
  • Engage customers directly even when selling through intermediaries

Customer ROI

  • Up to 50% increase in service revenue tied to predictive maintenance attached to smart products
  • Up to 200% increase in customer attach (vs. rebate or registration-oriented approaches)
  • 10 – 20% price increase through “smart” product uplift= $25m+

Customer Examples

  • Burgress & Nipel, Hereaus, Brunswick, Perigen, Barr Engineering, Microsoft (we wrote the documentation), Reinhart, Clover

Engagement Timeline

  • An initial model activated over 5 weeks, transitioned within 16 weeks to operationalized environment

Azure Solutions and Workloads Modern Data Framework Drone base AR Azure Synapse Databricks Azure ML Power BI Azure Bot Service Azure IoT, bot enablement Azure Sphere

https://store-images.s-microsoft.com/image/apps.35581.43a1c987-5eb7-4845-bf33-9bccbac4fe9c.f2a53fad-819a-423f-8af0-5cfdc9f3eea2.955c5a11-9f5d-44c3-876c-0e1951a0e640
https://store-images.s-microsoft.com/image/apps.35581.43a1c987-5eb7-4845-bf33-9bccbac4fe9c.f2a53fad-819a-423f-8af0-5cfdc9f3eea2.955c5a11-9f5d-44c3-876c-0e1951a0e640
https://store-images.s-microsoft.com/image/apps.4073.43a1c987-5eb7-4845-bf33-9bccbac4fe9c.f2a53fad-819a-423f-8af0-5cfdc9f3eea2.778c8e83-69a1-40d5-ac5b-c43b85ade492