Menu

IoT FEATURE NEWS

Recent Webinar with Verizon and Losant Outlines Condition-Based Maintenance for Revenue

By

In a recent webinar from Verizon and Losant, the two companies discussed scalable CBM solution for OEMs and how the Losant IoT platform powers Verizon’s solution and gives the company the ability to change requirements on the fly.

The webinar is entitled “OEMs Unlock Revenue-Generating Data with IoT: A Condition-Based Maintenance Story.”

Cost-effective IoT solutions often hinge on condition-based maintenance (CBM) and by using real-time machine data, enterprises can switch from scheduled preventative maintenance to condition-based maintenance to save costs. Now, OEMs can offer solutions to these problems.

The speakers outlined what a CBM solution looks like for an OEM. Viewers will take away practical knowledge about how to offer and implement a uniquely branded, service-based solution for the supply chain, which will give the audience the ability to create new revenue streams while controlling cost of entry.

Sign up now to hear from Verizon and Losant as they share how condition-based maintenance can come to life.

“The concept of Condition Based Maintenance is not new. Equipment manufacturers and service providers of that equipment have long desired to attain asset information for service and reliability,” said Charlie Key, CEO, Losant. “Market and technical shifts have taken place that make the effort quicker, less labor intensive and less costly. Combine that with today's expectancy of immediate access to data, and you have a market climate ready for Condition based maintenance solutions. The industrial equipment market is becoming more competitive every day, which means enterprises need to develop new value-based offerings to stay ahead in the industry. Condition based maintenance provides a tried and tested method to improve the customer experience and reduce long-term service costs. And now, with advancements in technology, a business can get started and in the market without breaking the bank.”

What attendees will learn:

  • Real benefits and practical application of condition-based maintenance.
  • How to start quickly with one piece of equipment.
  • How to create a unique experience tailored to your client (customers, suppliers).

Who should attend:

  • Business leaders in OEMs, and in manufacturing that need to offer a branded service-based solution.
  • Aftermarket Sales Managers, Directors of Strategic Sales, and Product Managers seeking new revenue streams.
  • Supply Chain Managers looking to use data to enhance customer service with field personnel and suppliers.

Presenters:
Charlie Key
Co-Founder and Chief Executive Officer
Losant

Pat Hughes
IOT Product Manager- IIOT/Condition Based Maintenance
Verizon

Moderator:
Ken Briodagh
Editorial Director
IoT Evolution World

Sign up now.


Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

Editorial Director

SHARE THIS ARTICLE
Related Articles

Your Secret Weapon for Enhanced Liability Defense

By: Contributing Writer    6/23/2026

Running a business has its benefits. It can free you from a traditional 9-5 structure. However, it also introduces new layers of risk-especially in a …

Read More

The Digital Supply Chain: Resilience, Visibility, and the End of Flying Blind

By: Carl Ford    5/26/2026

Digital supply chain transformation is helping enterprises replace fragile, efficiency-only models with resilient, real-time operations powered by end…

Read More

The CIO Reimagined: From IT Keeper to Digital Business Leader

By: Carl Ford    5/26/2026

The modern CIO is evolving from an IT operations leader into a strategic digital business executive, responsible for driving AI governance, cloud stra…

Read More

Industrial IoT and the Rise of Smart Level Monitoring

By: Contributing Writer    5/18/2026

Industrial operations are becoming increasingly data-driven. From manufacturing plants and oil terminals to water treatment facilities and agricultura…

Read More

How Does Anthropic's Mythos Foretell the Post Quantum Nightmare?

By: Carl Ford    5/14/2026

AI security tools like Anthropic's Mythos are exposing hundreds of exploitable flaws in legacy software stacks, underscoring the urgent need for bette…

Read More