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- Title
Implementing Smart Services in Small- and Medium-Sized Manufacturing Companies: On the Progress of Servitization in the Era of Industry 4.0.
- Authors
Winter, Johannes
- Abstract
Discussion: Data-Driven Product and Service Revolution Smart data, smart products, and smart services are on the agenda of many innovative companies. For a long time, the challenge has been to provide products and services that precisely match the preferences, habits, and needs of users. When smart products and smart services are bundled into a digital business model with a billing model based on usage or machine hours, it is called a smart product-service system [[15]]. The way out does not lie in customized products or small series; both the manufacturing process and the product are too customer specific, which means that economies of scale do not apply, and that costs and product prices are higher than those of mass-produced products.
- Subjects
DEEP learning; BUSINESS planning; CONSUMER behavior; INDUSTRY 4.0; ELECTRONIC commerce; FLEXIBLE manufacturing systems
- Publication
Sci, 2023, Vol 5, Issue 3, p29
- ISSN
2413-4155
- Publication type
Article
- DOI
10.3390/sci5030029