Pareteum for the Manufacturing Industry
Manufacturing is a cornerstone industry, with annual global output racing past $41.9 trillion for 2021 and beyond. In other words, manufacturing is competitive, and manufacturers are always on the lookout for ways to optimize efficiency, differentiate their products, and bolster customer and partner engagement.
The IoT market in manufacturing was valued at $175.3 billion in 2020 and is expected to hit $399.08 billion by 2026. *Mordor Intelligence
In 2020, the manufacturing industry contributed approximately $2269.2 to U.S. GDP, amounting to 10.8% of total GDP. *NIST
58% of manufacturers say that IoT is required to digitally transform industrial operations globally. *IDC
Manufacturing in the Age of Connectivity
Manufacturing is changing rapidly. As a result, entrepreneurs, original equipment manufacturers (OEM), and manufacturers operating across countless industries have begun looking for ways to differentiate their products, launch innovative solutions, optimize efficiencies, and bolster communications with customers and partners alike.
They’ve focused especially on:
- Creating products that integrate seamlessly into their customers’ lives.
- Differentiating their products from competitors.
- Developing smart, IoT-enabled products.
- Leveraging data to identify competitive threats and business opportunities.
- Improving outreach via digital channels for promotional and communication purposes.
Introducing Pareteum for Manufacturing
To help you harness the potential of connectivity, Pareteum offers a comprehensive IoT platform capable of keeping your products connected while simultaneously enabling streamlined IoT management.
How Can Manufacturers Leverage Pareteum?
Keep Devices, Equipment, and other Products Connected No Matter What
Add Global Connectivity to Your Products
Enhance your devices, products, and equipment with secure connectivity. This includes intelligent network selection for optimized performance and costs.Facilitate Over-The-Air (OTA) Updates
Leverage global Wi-Fi and cellular connectivity to keep your products always up to date, whether they’re in the warehouse or end users’ living rooms.Download Digital Content
Give products the ability to manually or automatically download music, podcasts, audiobooks, movies, and other digital content. This can also be done by proxy via user devices.Improve User Experiences and Boost Lifetime Value
Create User Profiles
Enable users to upload their personal settings across devices. This can be managed via an associated mobile app.Offer Concierge Services
On-demand services are a great way to differentiate your products. Mobile and connectivity technologies enable near-limitless on-call services.Optimize Security
A2P messaging, including SMS / text messaging and voice messaging, can be used for multi-factor authentication (MFA) and two-factor authentication (2FA).Improve Brand Loyalty
Package your products with complimentary Pareteum Wi-Fi vouchers. Use these to generate venue-specific location intelligence.Better Communications with End Users and Partners
Use SMS to Keep Retailers and Transportation Companies Informed
SMS is a great way to alert retailers and transportation companies when shipments are ready to pick up or are already on their way to their destinations.Use SMS to Engage with End Users
SMS is a great way to promote new offers, discounts, sales, real-time pricing, and more. It’s also useful for delivery notifications and other alerts.Access Actionable Insights
Analyze Diagnostics and User Behavior
Gain insight into valuable product usage metrics. Uploading this information via Wi-Fi helps generate cost savings.Partner Marketing
Leverage Wi-Fi SSIDs to see which restaurants, stores, and other locations users visit. Launch A2P messaging campaigns in partnership with brands based on user preferences.Related News
April 11, 2022