What does servitization mean?

Many people are completely unaware of servitization and what that means. However, it is a growing trend and is giving a competitive edge to manufacturers who are adopting it.

In an age when customers are demanding not just a product, but a guarantee that they are going to get the most from their purchase after the sale, servitization isn’t something that is affordable to ignore. But what exactly is servitization? How can it benefit manufacturing companies? Does it actually work? And what are some examples of companies who have embraced this business model?

IFS answers these questions for you, and more, in our Servitization eBook. Have servitization defined for you by the experts and learn how to properly utilize it to compete and disrupt in your industry.