Trane Educates Attendees on Leveraging the Internet of Things to Turn Data into Revenue at Field Service Connect

Austin, Texas, Nov. 12, 2015 —The ever-growing Internet of Things ─ in which everyday objects have network connectivity, allowing them to send and receive data ─ is expected to connect tens of billions of devices by the year 2020. ABI Research reports that the number of wireless-connected devices will soar to about 41 billion by 2020 – with 75 percent of the growth coming from non-hub devices such as sensor nodes and accessories that are part of Internet of Things networks.

Trane will educate attendees about how to strategically leverage the Internet of Things to transform data into revenue at the Field Service Connect conference held Nov. 15-17 at the Hyatt Regency Lost Pines Resort and Spa in Austin, Texas. Trane is a leading global provider of indoor solutions and services and a brand of Ingersoll Rand.

Matt Gates, vice president of Energy Management Solutions and Services at Trane, will address how organizations can leverage the wealth of data available today by developing a strategic approach to turning data into revenue.

The amount of data the Internet of Things produces can be daunting for companies. Gates will teach attendees to develop a process to identify what data should be collected and how and what needs to be put in place to turn it into intelligence. He will describe how this process can ultimately help them uncover new streams of revenue.

Gates Presentation Details:
Title: The Secret of Turning Data into Revenue
When: Sunday, Nov. 15, 2 p.m.
Location: Room Lost Pines 3
Hyatt Regency Lost Pines Resort and Spa
575 Hyatt Lost Pines Road
Lost Pines, TX 78612 US

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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.

About the Field Service Fall 2015 Conference
Field Service Connect, held Nov. 15-17, 2015 at the Hyatt Regency Lost Pines Resort and Spa in Austin, Texas, is an interactive forum for senior service executives dedicated to topics around the Internet of Things, data analytics, future states of field service, market trend as and the talent crunch. The event, which is debuting this year, will feature 65 of the world’s largest manufacturers and 25 of the most innovative solution providers.

SOURCE: Trane