As part of its go-to-market initiatives, and in response to strong demand for its products, OverIT, a global leader in Field Service Management and Augmented Collaboration solutions, has opened its second location in North America in Miami, Florida. The new office will become the US Headquarters, as the company plans to triple its US-based headcount by the end of 2020.

OverIT Accelerates North America Expansion to Meet Growing Demand for Asset-Intensive Field Service Management and Augmented & Virtual Reality Collaboration Solutions.

During the past twenty years, OverIT has been reshaping the operational processes of over 200 Fortune 500 companies. Their goal has always been simple: leading their clients into a new Field Service Management era, where on-field tasks are carried out efficiently, safely, and increasingly hands-free. Given the extraordinary results achieved in FY 2019, and the gap left in the market after vendor consolidation, increasing their international presence is a priority to sustain the ever-increasing demand for their solutions.

“Given the increased demand for our products in United States and Canada”, said Marco Zanuttini, CEO at OverIT, “we have invested heavily in our US subsidiary, growing it over 300% during the past six months. Our company is aiming at top industry leaders and has already hired a new SVP and General Manager for Americas, to guide the business during this new period for the subsidiary. Also, even though North America is the main focus in our strategic expansion plans, we are also in the process of drastically increasing our presence in the UK and Australia by opening up new offices to support efforts in those regions.”

Further Reading:

• Visit the OverIT website @ www.overit.it/
• Read more news and articles about OverIT @ www.fieldservicenews.com/blog/overit
• Read more about Augmented Reality @ www.fieldservicenews.com/augmented+reality
• Read more about Digital Transformation @ www.fieldservicenews.com/digital-transformation
• Follow OverIT on twitter @ twitter.com/OverITSpA

Scandinavian telecoms and networking giant partner with a number of Chinese companies and Swedish telecoms provider Telia to deliver significant 5G roll out in major field service operations across both regions.

5G roll-out paves way for enhanced field service mobility

China Telecom and China Unicom have selected Ericsson as a 5G radio access network (RAN) vendor as part of the Communication Service Providers’ (CSP) joint nationwide 5G network. China Telecom has also selected Ericsson as a 5G Core vendor.

Ericsson will provide outdoor and indoor site solutions to build capacity and coverage in the 3.5GHz and 2.1GHz bands. Network services including provisioning, installation and testing will be provided to meet the CSPs’ technical needs and enable them to build and share 5G networks.

China Telecom has also selected Ericsson 5G Core portfolio solutions. These include Cloud Packet Core, Cloud Unified Data Management and Policy products, built on cloud-native technology for operational efficiency and agility to launch new 5G services.

In Europe, Swedish communications service provider Telia Company has launched commercial 5G in Stockholm with Ericsson (RAN) products and. Initial services on the 700Mhz band will cover most of central Stockholm by mid-June.

Telia aims to enhance and supplement its low-band 5G commercial services with additional nationwide 5G coverage, including mid and high-bands, following the auction of the related spectrum by the Swedish government later this year. For this launch Telia is using its existing 700MHz spectrum, boosted by LTE and New Radio (NR) carrier aggregation.

Having already partnered successfully on 5G in Sweden including the country’s first industrial 5G network, Telia selected Ericsson as its partner for the launch network. Earlier this month Telia’s sister company Telia Norway also launched its first commercial 5G services, with Ericsson as its 5G RAN supplier.

The service sector is set to take advantage of global 5G coverage as increased speed of mobile connectivity offers further enhancement to mobile computing in the field.

Commenting Allison Kirkby, CEO, Telia Company, said: “As we roll-out 5G across Sweden, we will open up new user experiences and accelerated innovation in areas such as entertainment, healthcare, manufacturing and transport, that will collectively strengthen and protect everyone living and working in Sweden, and Swedish competitiveness in the world.

Further Reading:

• Read more about 5G usage in service @ www.fieldservicenews.com/5g
• Read more about mobile computing in service @ www.fieldservicenews.com/mobility
• Read more about more about empowering field workers @ www.fieldservicenews.com/blog/tag/managing-the-mobile-workforce
• Read more about digital transformation @ www.fieldservicenews.com/blog/tag/digital-transformation
• Read more about Ericcson from their blog @ https://www.ericsson.com/en/blog/2020/5/the-key-to-mobility-robustness-5g-networks 

New research charting the servitization journey of companies shows a significant gap in progress between firms with only 3% surveyed at a stage of maturity.

The study, instigated by IFS and extrapolated by global analyst firm IDC, surveyed 420 global manufacturing companies, active across the physical value chain, who were at varying stages of their servitization strategy.

From the data, IDC developed a Servitization Maturity Framework (The IDC Servitization Barometer) comprising four levels that segments companies based on their level of adoption.

The Four Stages of Servitization Adoption

The ‘Splintered’ stage, and the lowest level, represented 14% of firms.Typically these companies operated in silos, running dis-jointed, manual processes and fragmented business systems producing little or no visibility in performance.

The next stage, ‘Side-Car’, was the largest representation of companies (49%). Here firms had standardised their back and front office operations but were yet to integrate the two.

‘Joined-up’ companies have integrated front and back offices in both directions and have progressed to leverage technologies such as IoT to feed core systems with real data. This segment was represented by 39% of firms surveyed.

Only 3% of canvassed firms operating at the fourth ‘Borderless’ stage (or “Servitization Nirvana,” the report says). These companies have processes that start and end outside of the organisation with operations and technology facilitating the connection between different elements of the value chain.

However, IDC said those firms at the ‘Joined-Up’ stage, who were exhibiting some, but not all elements of a servitization strategy, for example an integrated back and front office and the use of IoT, were still able to show significant financial proof-points, with service revenues - on average - one third larger than their peers’ as a proportion of total revenue.

“Organisations that bundled projects with services or offered their capabilities in a consumption-mode are already enjoying competitive advantages,” Phil Carter, Chief Analyst at IDC Europe and one of the authors of the report says. “Manufacturers engaging in this transformation should demand applications that are natively connected across the full value chain, from the shop floor to customer support and service.”

IFS carried out the survey in July 2019 and the President of the firm’s Service Management Business Unit Marne Martin said IDC’s maturity framework identified the key barriers firms are facing in their quest for full servitization adoption. “The IDC Servitization Barometer lays out the key hurdles facing many manufacturing organisations,” she says, “including the lack of internal know-how and the perrenial problem of running legacy, disjointed business systems.”

Further Reading: 

• Read the full report IDC Sertvization Barrier - Charting your Path to New Revenue Streams here.
• Read more about customer servitization in field service @ www.fieldservicenews.com/servitization
• Find out more about IFS here.
• Find out more about IDC here. 

New research into the digital service trends of large manufacturers shows they are lacking the necessary IT infrastructures and are struggling to meet the expectations of customers in the servitization era.

The research ,Drivers for Digital Growth in Service, was carried out by Noventum in collaboration with HSO and Microsoft and canvassed product manufacturers and technical services companies via electronic surveys and personal interviews.

Struggles with Servitization

The study comes as the influence of servitization - the sale of an outcome, rather than a one-off purchase - has prompted a move away from traditional one-off large product investments to pay-per-use and subscription models bringing a new set of customer expectations.

Customers now expect their suppliers to assist in other business goals, such as increased production and even influencing innovation and operations. To help them achieve this, the report finds, firms must adopt new business models to deliver outcome-based, data-driven services for their clients.

However, while the study showed 80% of companies are planning to deliver or are currently delivering customer business related services, 40% admitted that their current IT framework was not robust enough to fully support these new business models.

The results suggest that firms need to adopt a digital services strategy, encompassing the entire organisation in order to deliver a successful and services-based business.

The research was conducted at the beginning of 2020 before the Covid-19 outbreak and in an introduction to the report Noventum acknowledged the impact the pandemic could have on service business growth, while suggesting it could prompt a positive change in focus leading to new service-led business models. “...for the companies who have been negatively impacted by Covid-19,” the statement said, “it will be vital to adopt the new ways of working that have been learnt during the crisis and to put in place growth strategies that will ensure the survival and sustainability of the business.”

Further Reading: 

• Read the full Executive Report from the research here.
• Read more about Servitization here @ https://www.fieldservicenews.com/servitization
• To find out more about Noventum click here.
• To find out more about HSO click here.