Manufacturing Magazine October 2023 | Page 19

Moving to an outcome-based service model can lead to savings in costs and energy

“ Digitising equipment also enables it to be used in the most energy efficient way ” guarantees an outcome , for example uptime or energy savings , lowering risk for their customers .”

Q . WHAT ARE THE BENEFITS OF SHIFTING TO AN OUTCOME- BASED SERVICE MODEL ?

» “ Customers all want increased reliability of their operations and this contributes to it directly . In addition , cost effectiveness is incremental with every step – for example , a conditionbased maintenance strategy , including condition-based services , provides 40 % savings over a reactive maintenance

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