Lexmark reinvents how manufacturers use IoT with innovation

Lexmark has announced a new portfolio of proven solutions to help customers unlock the value of the Internet of Things (IoT), accelerate digital transformation, and realise business outcomes. Lexmark Optra IoT Solutions leverage the company’s cloud, IoT and connectivity technologies and expertise.  

The first offering is the Lexmark Optra IoT Platform, a ready-made IoT solution to help customers jumpstart their business transformation, creating better products and more advanced services at lower costs.

Allen Waugerman, President and CEO of Lexmark said, “We believe IoT has the power to transform all types of industries. Companies only need the right tools to harness it, enabling them to grow and innovate. Lexmark figured it out. We unleashed the power of IoT and built a solution that we have used 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 companies.”

Lexmark built an IoT platform to run its managed print services business. The platform harnesses performance and sensor data from the devices that Lexmark manufactures and manages, combining it with data from core business systems to deliver powerful insights. The company is also able to drive internal and external customer value through outcomes including predictive services, asset optimisation, systemic innovation, and as-a-service engagements. Lexmark remotely resolves device support issues 70 per cent of the time and has substantially increased profitability per device via optimised utilisation.

With the Optra IoT Platform, Lexmark brings the ability to harness IoT and achieve business outcomes to makers of connected devices beyond print.

Vishal Gupta, Lexmark Chief Information and Technology Officer added, “the Optra IoT Platform is ready-made and proven, enabling makers of connected devices to quickly implement and rapidly achieve outcomes that bring them further success. Lexmark is reinventing how manufacturers leverage IoT to transform their business.”

The Optra IoT Platform is available now in select markets in Europe. 

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Company Details

Lexmark International Ltd

Highfield House
Foundation Park 8
Roxborough Way
Maidenhead
SL6 3UD
UNITED KINGDOM

jennifer.arthur@lexmark.co.uk

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