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How IoT has Restructured Asset Management in the Automotive Industry

Managing the assets in any automobile industry has never been easy with the implementation of IoT technology. Gone are the days where the asset manager or the floor engineer cannot exactly predict the status or whereabouts of their auto machinery parts in varied weather conditions.

Asset Management gives in-depth visibility to take an informed decision to buy a new asset in the most cost-effective way and offer a streamlined approach to manage already existing assets”

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