As manufacturers strive to create value with digitalization, they need purpose-built solutions for usage data management. That’s where DigitalRoute comes in.
The manufacturing industry has been on a journey to digitalization and servitization for years. But today, OEMs need to turn the promises of IoT and Industry 4.0 into real value and real revenue.
So, what’s the difference between manufacturing businesses that succeed with digitalization, while others stay stuck in proof of concept? The difference often lies in the data.
Manufacturers are digitalizing the factory floor, as well as adding more sensor capabilities to the products they sell. Add growing software portfolios to that mix, and it’s easy to see why many OEMs are simply drowning in data.
DigitalRoute gives manufacturing businesses the tools to manage and monetize service usage data in more efficient and scalable ways. With clean data, manufacturers can take practical steps to succeed with digital transformation.
DigitalRoute’s Usage Engine helps some of the biggest names in manufacturing solve data management challenges related to internal efficiency and customer offerings. Our software automatically processes data about service usage – at any scale and from any device.
Want to see why industry leaders choose Usage Engine? Get in touch with one of our usage data experts.Get in touch
Servitization sees manufacturers evolving from selling products to providing services. The prophets of XaaS promise to turn every product into a customer touch-point that produces streams of recurring revenue and increases each customer’s lifetime value.
But making that happen in reality requires a deep understanding how products are being used. That’s true not just for devices and machines, but for the apps and software that support a servitization business model.
Whether you make lightbulbs or industrial machinery, granular visibility and control of usage data can allow you find new ways to monetize products and expand customer relationships.
What does it take for machine manufacturers to succeed with equiptment-as-a-service offerings? In this case, we look at how an old school OEM turned their Industry 4.0 fantasies into reality.
In this episode we discuss how companies can experience tremendous growth with usage-based pricing and everything that goes into this model.
As manufacturers transform the way they monetize offerings, they need granular visibility and control of their service usage data.
How can manufactures evolve from selling industrial machines to offering equipment-as-a-service? It requires a transformation across the entire organization.
In this use case, we explore how an established OEM took that journey. In the end, what holds their new organizational model together is clean data.Read more
As you expand your digital portfolio and partner ecosystems, managing service usage data will become increasingly important. Our team is happy to discuss your objectives and help you create a strategy and get the most from your digital services.Schedule an advisory session