Today, a progressive group of companies is bucking the stereotype of manufacturers as technology laggards. These leaders are using spatial intelligence and the Internet of Things to gain benefits beyond operational efficiency and customer satisfaction. One example is a manufacturer of airplane engines. For decades, its business model was straightforward: Sell the engine for a fixed price and compete for maintenance contracts for lifetime service and parts. Today, the company is experimenting with new forms of revenue - none of which would be possible without understanding the "where" of the Internet of Things. Utilizing spatial intelligence, the manufacturer connects the engine to the Internet of Things to monitor the status of the engine's individual components. With this information, the manufacturer can forecast when an engine needs maintenance, reducing downtime and increasing revenue. Read the article here: https://www.esri.com/about/newsroom/publications/wherenext/mining-new-business-insight-internet-things/ Learn more about Location Intelligence: https://www.esri.com/en-us/location-intelligence