Lexmark is reinventing the way manufacturers use the “Internet of Things”


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LEXINGTON, Ky.At the IoT Tech Expo North America virtual event, Lexmark, a global leader in technology solutions, announced a new portfolio of solutions proven to help customers rapidly harness the value of the Internet of Things (IoT), accelerate digital transformation and drive business results.

Lexmark Optra IoT solutions leverage the company’s industry-leading cloud, IoT and connectivity technologies and expertise, supported by its heritage as a manufacturer of connected devices and a long-time leader in managed services.

“We believe that the IoT has the power to transform all types of industries. Businesses only need the right tools to operate it, enabling them to grow and innovate, ”said Allen Waugerman, President and CEO of Lexmark. “Lexmark got it. We have unleashed the power of IoT and built a solution that we have been using for years in our own business to achieve measurable benefits for our customers and ourselves. Lexmark Optra IoT solutions can do the same for other businesses.

The first offering, available today, is the Lexmark Optra IoT Platform, an out-of-the-box IoT solution to help customers start their business transformation, creating better products and more advanced services for less. cost.

Connect data and accelerate results with IoT

McKinsey estimates that 84% of companies working on IoT are stuck in pilot mode. Added to this is the vast amount of data that exists in silos between business applications and beyond corporate walls. Because of these complexities, it is extremely difficult to discover actionable insights from the data.

With the Optra IoT platform, Lexmark offers the ability to leverage IoT and drive business outcomes for connected device manufacturers beyond printing. The solution includes:

  • A platform designed based on cutting-edge technologies that enables manufacturers to combine and operationalize siled data from connected devices and core business systems.
  • A suite of accelerators including algorithms, machine learning and artificial intelligence models, reporting dashboards and a business process model that accelerate insight and efficiency and speed up implementation, delivering quickly commercial value.
  • A team of dedicated consultants who will use their expertise to help clients realize the full value of their investment and navigate their IoT journey.

The Optra IoT platform is available now in North America and select markets in Europe.

Click here for more information on Kentucky businesses.

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