Yesterday was the Servitization 2016 Conference, an annual event delivered by The Manufacturer Thought Leadership Network. Below is a recap of the day's presentations, which offered real-world examples of the benefits of a service-based business model and the growth companies can derive from embracing it.
To be commercially successful, manufacturers adopting servitization need to carefully translate strategic intent into a robust revenue model. Dr. Peter Colman and Xi Bing Ang provide a guiding framework.
A servitization strategy creates a more balanced revenue stream, sets you apart from your competitors and builds customer loyalty, says HSO – a leading provider of innovative enterprise business solutions, including the implementation of Microsoft Dynamics.