Boiler Suits to Pinstripe Suits… the rationalisation and upskilling of service functions to meet demands of Servitisation.
What on earth is servitisation? If that was your initial reaction to this concept, then we’re in the same boat! Relatively new to the Smart Industry and Industry 4.0, the process of servitisation allows an software providers and manufacturers to offer additional services to a product or offering to increase its overall value lifecycle.
In short, it represents a whole new business model which blurs the line between software providers or manufacturers and service companies. Servitisation is a new innovative method to help your company standout from the crowd (insert lightbulb moment here)!