Many manufacturers recognise the value of shifting from product sales to service-based revenue, but fewer know how to make the transition. This article introduces the four stages of servitization maturity and the technologies that enable each step.Traditional manufacturing is under strain: saturated markets, rapid technological change, rising customer expectations, and stricter sustainability rules have made […]

The post Transforming Manufacturing: Navigating the Servitization Journey appeared first on IIoT World.

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