Data is the key to solve the hardest industrial challenges and reach economic success.

A single excavator can produce up to 1 GB of data in a day. Companies can capitalise on it – the opportunity is there for the taking. The Internet of Things (IoT) is expected to generate up to $11.1 trillion annually by 2025, including an annual $4.6 trillion for industrial applications, such as predictive maintenance and operations management. 
This is a particularly relevant and inviting opportunity for heavy industry companies that are in the moment low-margin businesses and therefore, keen to improve their profitability.
This can be achieved in two ways: first by optimizing planning, design, engineering, construction and O&M, second by identifying new revenue streams through the optimum use of data. Yet, legacy IT systems are holding them back, creating barriers to digital transformation.