“As-a-Service” Enablement

Overview

Manufacturing companies are reimaging their business model to enable the product’s maximum value. A dynamic digital interface, an intelligent range of products, options for usage-based payment, subscription plans, and enhanced customer experience through innovative AMC offerings aid business owners in collaboratively crafting customer value. This gives them a sustainable edge over their competitors and helps achieve a competitive advantage. “as-a-Service” enablement reduces the total cost of ownership of an asset and guarantees an unmatched service experience. While a reduced switching cost can drive innovation and lead to the potential loss of business opportunities, a comprehensive connected experience decreases the cost of acquiring new customers and boosts revenue. Customers are willing to pay a premium for a dependable and seamless experience. LTM’s connected solution capabilities, coupled with commercial excellence, are helping business owners to derive insights about smart contract management of servitization, dynamic pricing, opportunity management, order orchestration, smart field service management, predictive maintenance, subscription, and billing management.