Manufacturers and OEMs can easily gain deeper and valuable insights from connected products and devices. With machine-learning algorithms and predictive models, manufacturers can easily identify trends in usage, lifecycle data, fail rates, energy efficiency and more. Additionally, it can identify consumer habits and maintenance needs, while also helping with recalls, inventory, and new product development. This new source of information can help manufacturers and related service providers to better their product service and serve their target audience, both internally and externally. The result of more efficient operations can be seen in the bottom line.