Lexmark chases $50bn opportunity with launch of new IoT services business

Print services company Lexmark has launched a new IoT portfolio for manufacturing companies to monitor usage of their connected devices in-market, and provide their customers with a platform of analytics-based maintenance and service solutions. The company put the total market opportunity, for industrial IoT services, at $50 billion “for Lexmark”, citing sales into existing Fortune 100 customers, looking to offer as-a-service IoT to their own clients.
Read this blog to know more.