- In March 2023, IBM enhanced its Maximo Asset Management platform by integrating AI-driven predictive maintenance capabilities with AWS’s cloud infrastructure. This update enabled real-time asset monitoring and anomaly detection, targeting manufacturing and energy sectors. The solution aimed to reduce downtime and optimize asset performance, addressing the growing demand for scalable, cloud-based remote asset management.
- In September 2023, Cisco launched an upgraded IoT Operations Dashboard, a cloud-based solution for remote asset management, featuring enhanced connectivity for IoT devices and real-time analytics. The platform supported predictive maintenance and integration with Cisco’s networking solutions, targeting industries like manufacturing and logistics to improve operational efficiency.
- In January 2024, Siemens introduced an updated version of its MindSphere IoT platform, incorporating AI-driven asset analytics and remote monitoring capabilities. This launch focused on enabling predictive maintenance for industrial equipment, with seamless integration into Siemens’ automation systems, driving adoption in manufacturing and energy sectors.
- In April 2024, PTC released a cloud-native version of its ThingWorx platform, tailored for SMEs, offering IoT-driven asset monitoring, predictive analytics, and integration with popular cloud platforms like Microsoft Azure. The solution aimed to simplify remote asset management for smaller organizations, addressing the growing demand in emerging markets.
