10 software selection factors to be ready for what's next in manufacturi | IFS
Exploiting the opportunities posed by servitization…
What this, servitization, means is that somewhere in the near future your refrigerator will no longer be an appliance, it'll be a service. It'll no longer be a product you buy, it'll be a service you subscribe to. Ditto your oven, your washing machine, your lawnmower, and, who knows, maybe your bed. Everything. Everything you, well, not exactly "own" anymore.
Hence, "opportunities."
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