Leaders are transforming their industries by creating new ways to monetize products and services—and redefining their businesses in the process. Companies can leverage the connected capabilities of Internet of Things technology to introduce billing models based on cycle counts or other Product-as-a-Service and servitization models. Once you’re connected across all systems and devices, you can create new value-add services offerings on your customers’ utilization and capacity needs. PTC customers use IIoT solutions to achieve:
- Increase in service profitability
- Improvement in OEE
By addressing customer issues with innovative digital solutions, PTC customers are rethinking the status quo to discover new business models.
Colfax enabled its ESAB line of business with enhanced product functionality by using PTC IoT technology to analyze and improve product performance through a connected service framework.Read the Colfax Story
Bell and Howell reinvented service with a 92% first-time fix rate by using PTC technology to remotely monitor, diagnose, and maintain their customer products.Follow Bell & Howell’s Journey
Learn how Celli Group implemented a model-based system using enterprise PLM as the foundation for more targeted product designs that better meet changing customer needs.Watch Webcast Replay
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