Asset NxT provides IoT-fueled solutions that address one of the great cost and productivity drains for industrial organizations—equipment inefficiency. Equipment underutilization and inefficiency can have ripple effects on project timelines, budgets, labor resources, and sustainability efforts.

Asset NxT resolves these critical issues by placing IoT sensors and edge devices on equipment to collect raw data on asset performance. Mindtree's software solutions convert this raw, real-time data into actionable insights. Insights derived from Asset NxT help clients make informed decisions about deployment, utilization, right-sizing, energy consumption, equipment maintenance, etc.,—backed by real-time performance metrics for e.g., 30% increase in equipment utilization, 15% increment in operational equipment effectiveness, and 35% increment in capacity utilization. These are some of the metrics which has given clients insights to realize the benefits.

Reduced idling and optimized fuel and energy consumption have resulted in measurable cost savings. The ability to measure and minimize carbon emissions is increasingly being regulated worldwide.