INDUSTRIAL & ROBOTICS

Expand beyond machines and equipment

Drive digital transformation with Equipment-as-a-Service models

Increase customer value, drive differentiation and turn your existing machines and industrial equipment into recurring revenues.

Achieve higher margins and revenue

Overcome product commoditization by adding new service-based and subscription revenue streams.

Develop greater customer intimacy

Gain valuable insight into how customers use your equipment and shape your future product roadmap.

Increase Operational Efficiency

Reduce inventory costs and complexity by minimizing SKUs

Digitize your entire fleet

Leverage cloud connectivity to turn your industrial equipment into services

Capture and analyze data and derive deeper insights to bolster Overall Equipment Effectiveness (OEE)

Improve first-time fix rates and maintenance efficiency with real-time access to device information

Create greater value through the entire equipment lifecycle

Prolong the equipment life and increase uptime by using automatic updates and remote services.

Gather product usage data to fuel better decision making and develop new offerings based on customer needs.

Proactively distribute firmware versions over the cloud to address vulnerabilities in a timely manner.

Enhance equipment profitability

Capture more revenue from your equipment with flexible pricing, allowing customers to subscribe monthly, annually, or according to usage.

Increase aftermarket sales through digital products such as premium equipment and platform features.

Allow customers to easily scale operations up or down based on demand, enabling rapid responses to market changes without needing significant investment.

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Now I also have the ability to connect to the product during the lifecycle. That means I have the ability to use it to increase the customers during the lifecycle. I can reuse, repurpose, and refurbish, that will give me a lot more opportunity to increase my revenue streams.

Santosh Harakamani
Head of Service Development
Volvo Group Digital and IT

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