Making the Shift to Industrial Product|as|a|Service Work

Making the Shift to Industrial Product-as-a-Service Work

Adopt new digital technologies, such as connected products; cloud-based innovation platforms; and analytics for sensing, responding and managing ...

How Manufacturers Can Shift to Product-as-a-Service Offerings

Manufacturers are increasingly offering Products-as-a-Service. But a successful business model shift relies on data quality, accuracy and timeliness.

Product-as-a-service: Everything You Need to Know in 2024 to Get ...

For example, it allows companies to tap into new revenue streams, build deeper customer relationships, and create a more sustainable business ...

8 strategies to transition to a product-as-a-service business model

The shift from selling a product to a service can send ripples reverberating throughout an organization. To pull off the transition, an ...

Product as a Service: The Future of Manufacturing - Copperberg

This shift has the power to revolutionize the manufacturing industry as we know it, but it requires thinking differently about design, ...

Transitioning from products to services to fuel growth - Deloitte

Making a successful transition from products to services ... Many consumer and industrial products companies start the transition by offering limited services, ...

How to Turn Professional Services Into Products

The product potential for a service considers only the supply side of the service, with a focus on how business processes can be productized ...

Manufacturing Leaders Turn To As-A-Service Business Models Post ...

With reduced numbers of employees physically available, and factory shut-downs in many sectors, the manufacturing industry is turning to ...

Industrial Services: How to Sharpen the Go-to-Market Strategy

Some industrial companies have historically treated service as an afterthought, and instead directed most of the company's R&D investments, ...

Prepare now for the future of industrial services - McKinsey

Over the past two years, industrial-services organizations have significantly changed the way they sell, deliver, and make money from services— ...

I want to change my career path from a service based company to a ...

This is how the service team makes the money while the business / product team uses the time and energy to envision a better product. As the ...

How 'Product As A Service' Manufacturing Is Transforming Business ...

' This customer-centric business model, designed to meet specific needs and lend the expertise of skilled workers, signifies a major shift in ...

What is Product-as-a-Service (PaaS)? - Firmhouse

With Product-as-a-Service, you can shift from traditional product ownership to a model focused on experiences, sustainability, and recurring revenue.

Q&A: Why manufacturing is moving to service-based business models

One of the main reasons is that they want to create a closer relationship with their customer (source: The Annual Manufacturing Report 2016). As ...

Outsourcing and the shift from manufacturing to services - CEPR

Corporate outsourcing of tasks like marketing means workers doing the same task as before now show up as working for a firm in the service sector.

Rapid Change Is Coming to the Service Sector

It reveals how industrialization — resulting from increased automation, the outsourcing of jobs and other changes — has upended the services ...

The Vision for Service Transformation in Manufacturing - Oracle

Shift in customer investment from capital expenditure (CapEx) to OpEx. Figure 1.0: Drivers of Digital Technology in Industrial Markets. Industrial internet of ...

Is it a good career move to shift from a product company to a ... - Quora

In service based companies, there are two types of revenue charging methods 1) Depending on time taken to work - Here the company gets paid ...

Realizing Product as a Service - Hitachi Solutions

For manufacturers looking to transform their company's services, differentiate to get ahead of competitors, and avoid the risk of falling behind in this fast- ...

Superstar firms: How the shift from manufacturing to services affects ...

Superstar firms: How the shift from manufacturing to services affects local concentration of sales and jobs ... making these industries more ...