PTC has introduced two new smart, IoT-based connected service solutions: Remote Service and Connected Service Parts Management. Both solutions leverage the company's ThingWorx  IoT platform to help organisations transform the way they execute service for connected products,  optimising decisions for better service delivery.

They are integral components of PTC’s  roadmap for organisations adopting a strategy for smart, connected service.

It helps them redefine their service models to generate unprecedented value for their customers and organisation. The service journey entails three steps:[ordered_list style="decimal"]

1. Understand – Make smarter decisions by analysing service and product data in real-time
2. Advance – Differentiate your service offering by improving and expediting the way products are serviced
3. Outperform – Completely redefine value for customers and the service organization with new offerings and business models.

[/ordered_list]"Many organisations struggle to transform their service environment and desire to take advantage of IoT and the value that can be gained from the data streaming from connected equipment and devices,” says Steve Morandi, senior vice president, Service Lifecycle Management, PTC. “PTC’s connected service solutions help organisations successfully navigate this transformation by optimising their existing service models and creating new value-added offerings. With Remote Service and Connected Service Parts Management solutions, organisations can analyse service and product data in real-time, differentiate service offerings, and improve the way products are serviced.”

Remote Service enables service and support technicians to remotely identify, diagnose, and resolve issues, while continuously monitoring key performance parameters in connected equipment. Remote Service helps service organisations avoid equipment downtime and unscheduled service events enabling organizations to reduce service costs and improve customer service.

Connected Service Parts Management enables service organizations to utilise data directly from connected assets to more accurately forecast and plan service parts demand. Leveraging the power of the ThingWorx IoT platform,  Connected Service Parts Management captures asset location and performance information and feeds that data to the Service Parts Management solution. By collecting, transforming, and organizing data reported directly by equipment in the field, organisations are able to improve service levels and increase equipment availability. 

These smart connected service solutions help companies improve their service revenue and profitability, competitive advantage, and product reliability.

"In delivering better solutions and outcomes to customers, connectivity is a must for service organisations," said Sumair Dutta, chief customer officer, The Service Council. "A connected infrastructure can make a service business more predictive in its service relationships, more efficient in its reactive service delivery, and more responsive in the development of new services that are needed by customers."

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