COVID-19 has permanently changed the way the world will operate. Companies are now learning to operate based on a new normal. Managing businesses in increasingly uncertain environments is the new challenge for most executives. Companies that are able to move out of their comfort zone and traditional ways to a more flexible model will be the new rising stars.

By deploying IIoT technology, CHEM has transformed its business model from just selling a product to offering Machine-as-a-Service. Rather than rely on one-time sales, CHEM is enhancing its base to include customers that want to use machines on a need-to basis through remote services. This transformation has also helped reduce the effort of deploying and maintaining machines by 50%.