Software-as-a-Service (SaaS) model operated by ifm to enable multi-site, cloud-based working without IT involvement

Using the potential of data from the machines in production and converting it into valuable information

Predicting failures, preventing standstills and thus increasing machine availability

Visualising or analysing production processes and monitoring deviations in real time

Reducing operating cost by monitoring the energy consumption at machine level

https://www.ifm.com/gb/en/shared/industry-4-0-moneo/start/moneo-cloud