IoT Emerge Attendees Learn to Leverage the Internet of Things to Turn Data into Revenue

IoT Emerge Attendees Learn to Leverage the Internet of Things
to Turn Data into Revenue

Chicago, Oct. 31, 2016 – Matt Gates, LEED AP, vice president of Energy Management Services and Solutions for Trane, a leading global provider of indoor comfort solutions and services and a brand of Ingersoll Rand, will join other thought leaders at IoT Emerge to address the opportunities and challenges posed by the Internet of Things (IoT) and the ways it is transforming devices, platforms and services. The event will be held Nov. 2-3 at McCormick Place in Chicago with Gates’ presentation, “The Secret of Turning Data into Revenue,” taking place from 1-1:30 p.m. on Nov. 2.

The amount of data that IoT produces can be daunting for companies as they explore how to use that data to enhance their services and solutions offerings to drive revenue. Gates will help attendees understand how they can take a strategic approach to using the wealth of data that IoT connectivity provides to identify and assess potential new streams of revenue. Gates also will teach attendees to develop a process to identify what data should be collected as well as how and what needs to be put in place to turn data into intelligence.

“While the IoT creates opportunities for companies, it can be tempting to pursue data for data’s sake,” Gates said. “It’s far more valuable to take a thoughtful, strategic approach that leverages the benefits data offers while identifying an unmet need that IoT can help address for customers.”

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About Ingersoll Rand and Trane
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car ®, Ingersoll Rand®, Thermo King ® and Trane ® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $13 billion global business committed to a world of sustainable progress and enduring results. Trane solutions optimize indoor environments with a broad portfolio of energy efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced control. For more information, visit  www.ingersollrand.com  or  www.trane.com.

IoT Emerge
IoT Emerge held Nov. 2-4 at McCormick Place in Chicago, is a new event sponsored by the IoT Institute. The event addresses the opportunities and challenges posed by IoT devices, platforms and services through strategic and technical sessions, workshops, hands-on training, cross-functional peer-to-peer networking, advice and lessons learned on achieving organizational readiness, leveraging data analytics, and instituting security best practices.

Contact Information

Heidi McGuire

651-407-4000

heidi.mcguire@irco.com