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For industrial equipment companies, it is a challenge to fight commoditization of products and product-attached services and to manage the digital transformation.
This report offers guidance on how to respond to the acceleration of digital transformation and XaaS transformation and discuss core capabilities that services organizations of industrial equipment manufacturers will need to embrace in order to succeed in 2021 and beyond.
Key focus areas for 2021 include:
- Strategic planning for the digital transformation.
- Creating new revenue streams, protecting the traditional ones, and increasing profitability.
- Managing the digital and XaaS transformation.