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.
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May 12, 2020 • News • Noventum • Outcome based services • HSO • Servitization and Advanced Services • Customer Satisfaction and Expectations • EMEA
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.
Apr 21, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
In the final instalment of this series Kris Oldland, Editor-in-Chief, Field Service News talks to Shilen Khimani, HSO about how the various areas discussed in this video series can be brought together to put a cohesive argument for investment in upgrading or replacing your field service management systems to your board.
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Apr 16, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
In the fifth part of this series, we discuss how whilst in the past upgrading to a modern field service management system may have offered you a competitive advantage, in today's connected world not doing so can place your organisation at a significant competitive disadvantage...
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Apr 09, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
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Apr 03, 2020 • Features • health and safety • Podcast • workforce management • field service • field service management • field service software • HSO • Danny Wieder
In a recent episode of the Field Service Podcast, Kris Oldland, Editor-in-Chief, Field Service News was joined by Danny Wieder, Field Service Consultant with HSO to discuss the topic of Health and Safety in the field service environment and how technology casn play a critical role in ensuring we meet the standards we require.
The original interview was part of an interview for a documentary that Field Service News have produced in partnership with HSO which puts together a case that field service managers and directors can take to their board to secure investment in the tools required to effectively deliver service in the modern age.
Not wanting to waste any of the excellent insight that Wieder, who has a 15 year pedigree in implementing field service software and systems, provided during the interview we also asked the team at HSO if we could put the full unedited interview onto our podcast channel. They kindly agreed and the above is an excerpt from that episode of the field service podcast.
You can find the full podcast alongside all of the other episodes here
Technology is essential for Field Service engineer safety
The importance of health and safety in any workforce is an absolute given.
In field service however, it is perhaps an even more challenging task than in many other industries. Not only are our engineers often working in hazardous environments, but the are also working in isolation.
Technology is there to help however and embedded within the field service technology stack, and even within many FSM solutions, there are multiple tools to help ensure your field service engineers and technicians are working in the safest possible manner achievable. It is little wonder then that building an argument for investment in such systems is often built up around ensuring health and safety standards are met.
"In a lone worker scenario you have the capability to avert a potential safety issue by identifying and reacting to it..."
"I would say technology can really help to make sure field service engineers and can also help companies make sure they excercise their duty of care towards their employees," explained Wieder during the interview.
"Let's take geo-fencing for example which has recently been introduced to Microsoft Field Service. It monitors the GPS position of an engineer and can issue an automatic alert to the contact centre if the engineer has been on site for too long. So in a lone worker scenario you have the capability to avert a potential safety issue by identify8ing and reacting to it.
"Another are is perhaps risk assessments. These have been around for a while but are often paper driven or sometimes companies are using something like Excel. The obvious issue with this it is this is not particularly easy to use. Today's modern mobile software can be configured so an engineer not only gets the risk assessment, but in fact they have to complete it before they can progrees to the call details. This is a real benefit.
"On top of this, the questionnaires now can be tailored so the content of the questions is different, depending on the work type. This makes them more relevant, perhaps more concise and I think all things being considered this is a massive improvement to the tool kits we have to keep our engineers safe," Wieder added.
The safety of our workers, both in the field and in the office is of absolute paramount importance - if the technology is available to help us improve in this area - surely we are beholden to implement it?
Want to know more? Check out our full documentary on the 'Three Core Arguments to Gain Investment in Your Field Service Management Systems'
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Apr 01, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
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Mar 26, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
Want to know more? There is a full documentary that dives deeper into this whole topic, which is available as premium content to fieldservicenews.com subscribers...
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Mar 19, 2020 • Features • return on investment • Video • field service • field service management • Field Service Management Systems • HSO
Want to know more? There is a full documentary that dives deeper into this whole topic, which is available as premium content to fieldservicenews.com subscribers...
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Data usage note: By accessing this content you consent to the contact details submitted when you registered as a subscriber to fieldservicenews.com to be shared with the listed sponsor of this premium content, HSO who may contact you for legitimate business reasons to discuss the content of this content.
Mar 18, 2020 • News • future of field service • Microsoft • Noventum Service Management • research • HSO
Project to be facilitated by Noventum Service Management and will focus on service-business models.
Project to be facilitated by Noventum Service Management and will focus on service-business models.
HSO has announced a research project with Microsoft to look into future service-business models.
The project will hone in on digitilasation as an enabler for new business models and how it affects increasing customer demands.
To enhance their findings research partner Noventum are looking for feedback from the service sector on the topic and have created a survey for participants to contribute, which you can do here. Those who take part will receive a full report of the project's findings.
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