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Synctive enables machinery manufacturers to launch IoT-enabled servitization business models such as predictive maintenace offerings and equipment-as-a-service.

The solution consists of an IoT gateway, edge processing software and a cloud-based IoT service platform. It allows machine manufacturers to easily and securely connect their products to the Internet of Things. The platform provides transparency over the installed base, monitors the use and condition of the machines, diagnoses faults remotely and enables pay-per-use billing for machine performance.