ARTICLE: How product companies can servitize and successfully develop new services
The importance to develop and deliver services is rapidly increasing. How is your organization succeeding?
In a world with steadily increasing pace of change, product companies seek new ways to stay competitive and profitable. Digitalization, connected products and new emerging business models are just a few of the key industry trends that are on top of the executives’ agendas today.
We at Fortos have written an article that explores how product companies can translate these trends to business growth through servitization of their products, some of the challenges they may face, and describe how they should approach service development.