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April 20, 2017 57 mins
The buzz: “Imagine if your washing machine itself was the diagnostician monitoring machine behavior and sending alerts … ahead of failures… scheduling a service call and ordering the service parts” (Lee Smith, 2014). High-tech companies are increasingly adapting their business model to deliver outcomes, not just products, to customers. This “outcome-based economy” is enabled by digital technologies including IoT sensors, big data and analytics, and near-unlimited bandwidth. Doing business in this new environment requires your organization to control your products, collect usage data, glean outcome insights and build an extended ecosystem of business partners and customers. Are you ready? The experts speak. Dave Carlisle, HPE: “Simplicity is the ultimate sophistication” (Leonardo da Vinci). Manfred Kopisch, SAP: “Plans are of little importance, but planning is essential” (Winston Churchill, American novelist). Join us for The Outcome-based Economy and the Future of Manufacturing.
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