Why can’t we get smarter products that tell us when they need care and feeding? Some technologies are running well ahead of the ability of product makers to incorporate them into their products and ...

Dublin, Oct. 11, 2024 (GLOBE NEWSWIRE) -- The "Beyond the Product: How Servitization is Shaping the Future of Consumer Appliances" report has been added to ResearchAndMarkets.com's offering.

Servitization offers a viable method of boosting growth for manufacturers’ businesses and the industrial sector overall. Antony Bourne, global manufacturing industry director for IFS, explains how.

Major disruption is happening in manufacturing. As pressure mounts from startups and digital giants encroaching on their territory, and as products become commoditized, manufacturers are losing the ...

Manufacturers, retailers, and other businesses have, over the course of the last several years, diversified their product offerings by productizing service. We call this servitization. Making a ...

Technology is all about services today. Cloud software is software delivered -as-a-Service (aaS) from a central datacenter, down a web connection. We now use the term service to express a digital ...

The way field service teams operate and deliver service is changing, and this rapid pace of change is being driven by new customer expectations, advancing technologies, IoT, and what some are calling ...

As automobile manufacturers continue to wrap subscriptions around their products, Information Age analyses servitization and the automotive industry and what it means for IT. Last week Mercedes ...

Industry 4.0 has presented extensive possibilities for product and service companies to innovate upon and disrupt their own business models. Forrester reports that 73% of manufacturers believe they ...

The concept of servitization is not a new phenomenon. The term was formally defined in the 1980s , but its essence— bundling service packages with products to add value—goes back several decades ...