Preeya is a Content Marketing Specialist with expertise in crafting compelling stories about disruptive technologies across diverse industries. She is passionate about developing engaging, insightful content that empowers readers and decision-makers with the knowledge they need to drive innovation and success.
Across the industrial sector, organizations are rethinking how they innovate, deliver value, and sustain growth. Recent conversations among industry leaders and experts at the Virtual Industrials Exchange have surfaced practical lessons and frameworks that continue to guide transformation—regardless of where a company is on its journey.
Digital Transformation Realized: A Customer Story
A global agricultural equipment manufacturer unified 17 design centers across four continents by adopting modular product architecture and centralizing processes with Product Lifecycle Management (PLM). Facing slowed growth and a limited R&D budget, the company harmonized standards and systems, enabling engineers worldwide to work as one team. This transformation delivered concurrent engineering, seamless collaboration, and major cost savings—demonstrating how breaking down silos and leveraging PLM can drive innovation and operational excellence in complex, global organizations.
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
Platform Strategy Delivers Major Savings
"We had a $200 million annual savings from the platform strategy."
Watch: Global Manufacturer’s Transformation Story
See how a global equipment leader unified teams and saved $200M with PLM.
Watch SessionThe Power of Servitization: Unlocking Efficiency and Growth
The shift toward outcome-based business models is transforming service from a cost center into a growth engine. Aftermarket services can generate significantly higher and more stable revenue than initial equipment sales, while strengthening customer loyalty. A four-stage maturity model for aftermarket services helps organizations assess where they stand and chart a path forward. Technologies like SLM, PLM, IoT, and ALM enable predictive maintenance, digital twins, and innovative service offerings. Overcoming challenges such as long product lifecycles and cross-team alignment requires practical strategies and a commitment to continuous improvement.
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
Aftermarket Services: The Hidden Revenue Opportunity
“For every one dollar/euro in equipment sales, there’s the opportunity to sell 12 dollars/euros in service/aftermarket related sales.”
Explore: Service Revenue Strategies Session
Discover how aftermarket services drive growth and efficiency in industrial sectors.
Watch SessionSmarter by Design: Powering the Future with AI
Generative AI and intelligent agents are reshaping engineering and manufacturing. Practical applications—such as reducing time spent searching for information, automating complex workflows, and improving data quality—are already delivering measurable results. Organizations that unify their data and foster a culture ready to adapt are nearly twice as likely to thrive. The most successful companies start with targeted use cases, building momentum and unlocking new opportunities while avoiding the risks of falling behind.
Data Quality: The Key to AI Success
Data Quality: The Key to AI Success
Data Quality: The Key to AI Success
Data Quality: The Key to AI Success
“In the AI economy, it has shifted to context is king. The AI is only going to be as good as the data that it relies on.”
Learn: AI in Engineering and Manufacturing Session
Find out how generative AI is reshaping industrial innovation and productivity.
Watch SessionA Reference for Ongoing Transformation
These strategies and frameworks offer practical guidance for leaders and teams working to evolve their organizations. The lessons captured here are intended to inform decisions, encourage new thinking, and support steady progress—whenever the need arises.
For those navigating the complexities of industrial transformation, these insights are available to help you take your next step with confidence.
Unlock Lasting Insights: Access All Sessions
Explore practical strategies and expert perspectives—watch the sessions on demand.
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