Asset Management as a discipline is as old as the hills facing this “fleet” and their horse-back managers. Traditionally asset management has had two points of view – that of the user/operators of the assets and that of the investor/owners of the assets.

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Business consultants and operational leaders have a focus on two big promises of IoT: cost reduction through automation and better asset management. Both are delivered and propagated by the analysis of data that IoT edge devices generate from the value chains of enterprise operations. But this view has a pronounced blind spot, the fact that IoT success will be driven by dramatic demographic shifts.

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