The Closed Loop Lifecycle: Breaking the Barriers of Traditional Aftermarket Service

Servitization represents a shift towards offering value-added, outcome-based services, rather than solely focusing on product sales.

This transition requires a fundamental change in mindset and business approach, emphasizing the importance of service operations in driving value for customers and generating sustainable revenue streams.

Data is the most valuable asset when approaching a change like this. Having it as the backbone of your operation ensures everything runs smoothly going forward. That’s where closed-loop lifecycle management comes in.

IFS develops and delivers cloud enterprise software for companies around the world.

Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service™️. For more information, visit the website.

Copperberg is an expert original content creation company specialising in the manufacturing sector.

With years of experience, we have cultivated a robust global business network, supported by continuous research and relationships with key stakeholders in the manufacturing industry. Our reputation for reliability and success is built on delivering outstanding platforms that provide key insights into industry challenges, future trends, and market developments. Our business platforms serve as catalysts for growth and global relationship-building within the industry. For more information, visit the website.