Servitization in Manufacturing: How to Stay on the Top
Servitization is a business model, wherein manufacturers, i.e product-focused businesses aim to become a solution-based business. The goal of this transition is to create new revenue streams as well as to strengthen customer relationships.
Servitization for Sensors
Like all servitization business models, S2aaS could provide numerous benefits to the customer. Using a subscription-based service, manufacturers can rest assured their sensors will be monitored, repaired and replaced whenever required.
What is servitization?
In the emerging servitization-centered economy, where a growing number of companies are shifting from selling products to selling access to and the outcome those products deliver, manufacturers are redefining the way they do business
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Featured Product
NORD Delivers Powerful, Reliable Drive Solutions for Demanding Packaging Applications
When you need quality, flexibility and high efficiency, NORD has you covered with complete drive solutions for primary and secondary packaging, end-of-line packaging, and higher-level applications. NORD supports you through the entire life cycle of your drive systems with pre-sales engineering support, online tools, and a global service network. Drive systems for both vertically and horizontally networked technology with all the options for sensor incorporation and integration into the higher-level control system.
Manufacturing and Automation - Featured Company
NORD DRIVESYSTEMS
With four production facilities in the Midwest, on both coasts, and in the South, NORD is prepared to serve you with some of the shortest lead times in the industry. We house extensive component inventory, allowing us to assemble and ship 25% of all standard product orders same or next day!
