How can servitization be integrated into your business?

Posted on 18 Sep 2018 by Maddy White

Eight out of 10 manufacturers believe using technologies to servitize their company will help broaden their customer base. But, if your business has never offered a service-based approach before, how can servitization be introduced?

Figures from the Annual Manufacturing Report 2018 also conclude that all manufacturers viewed ‘products-as-a-service’ as offering at least some extra sales opportunities over just selling products. Sertivization can be applied to many industries – agriculture, lighting, coatings and automotive – and integrated into business models in many ways; data collection, analysis, supply chain opportunities and monitoring of products.…

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