12mar9:00 AM10:00 AMFluid Power 4.0: Smart IIoT-enabled Fluid Power Solutions Create New Business Models & Investment OpportunitiesIIoT Ensures the Survival of the Fluid Power Industry Against Encroachment from Electric DrivesWebinarCategory:Growth Opportunity Briefings
(Tuesday) 9:00 AM - 10:00 AM
7550 1H, 10 W Dr Suite 400
IIoT Ensures the Survival of the Fluid Power Industry Against Encroachment from Electric Drives While the power density capabilities of fluid power equipment continue to render it attractive to some
IIoT Ensures the Survival of the Fluid Power Industry Against Encroachment from Electric Drives
While the power density capabilities of fluid power equipment continue to render it attractive to some industrial users, its Achilles heel has always been energy efficiency and high maintenance costs. With increasing threats from electric equipment across the industrial spectrum, smart IIoT-enabled fluid power solutions are poised to boost the fluid power industry. Digital transformation among end-users warrants a redefinition of existing business models and supply chain networks that will redefine the relationship between manufacturer and end user.
Frost & Sullivan invites you to join Varun Raman, Industrial Research Analyst, to gain expert insight into why fluid power manufacturers are heavily investing in IIoT technology to drive a new wave of growth in the industry. The interactive webinar will include a live question-and-answer session.
Questions the webinar will answer:
- What are the various challenges present across different industries and how do smart fluid power solutions slow down electrification?
- Within the value chain, who is going to be responsible for the push toward the adoption of IIoT solutions?
- What are the key end-user requirements, and how are manufacturers responding to these end-user requests?