Servitization: Driving Growth for Industrial Manufacturers
July 7, 2020
Hosted by Bonnie D. Graham
“In 2018, manufacturers began the shift toward servitisation…from selling products to selling the outcome or value that products deliver and guaranteeing product uptime…The transformation process doesn’t happen overnight. However, the benefits of servitisation are incredibly attractive.” (supplychaindigital.com) Yes, industrial manufacturers were shifting towards new business models before the coronavirus global pandemic. But now it’s even more important to ensure the relationship with their customers does not end at the time of delivery. New business models that position industrial manufacturers as service providers are ensuring ongoing revenue streams, as well as a deeper and more profitable customer interaction. These models include active monitoring, predictive services and even pay-by-outcome services. Today, in this COVID-19 recovery time, we’ll ask Michael Larner at ABI Research and Ankit Sharma at SAP how manufacturers can embrace servitization as a key pillar of growth.
The Future of Mobility and Manufacturing with Game Changers, Presented by SAP
Tuesday at 7 AM Pacific Time/10 AM Eastern Time on VoiceAmerica Business Channel
Game-changing technology strategies are transformational, exciting and disruptive for a reason. They shake up your status quo. They get you thinking about new ways to scale, compete and grow. They move you in amazing new directions.
Join host Bonnie D. Graham as she invites you to take an additional coffee break with game-changers for our special series on how SAP is taking its unrivaled industry expertise into the cloud, on the Future of Mobility and Manufacturing with Game-Changers.
Learn how you can be the savvy Automotive Maestro, Business Transformer, Manufacturing Maven, or Upstart Disruptor who takes your company across the finish line as you look ahead to the next wave of disruption in the automotive and industrial manufacturing sectors.
The Future of Mobility and Manufacturing with Game-Changers, presented by SAP, can be heard live Tuesdays at 7 AM Pacific / 10 AM Eastern on the VoiceAmerica Business Channel.
Bonnie D. Graham
Bonnie D. Graham has been producing and hosting live talk radio since 1998. She is the creator, producer and host of the weekly business talk series, “Coffee Break with Game-Changers, presented by SAP” that debuted in Fall 2011, plus more than two dozen related Game-Changers Radio series also heard on the VoiceAmerica Business Channel.
SAP helps companies of all sizes and industries run simple. From back office to boardroom, warehouse to storefront, operations to finance, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, cloud and hybrid deployments, and mobile devices.