Overcoming Barriers To Scaling Services In Industrial Manufacturing [Forbes]

SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Forbes
Industrial manufacturing is at a turning point. Companies are no longer just selling products—they're pivoting toward service-based models that promise higher margins, recurring revenue and deeper customer relationships. Predictive maintenance, remote monitoring and offering (X)-as-a-service (XaaS) are revolutionizing the sector, turning traditional manufacturers into long-term solution providers. Yet, while the opportunities are vast, scaling service offerings remains a challenge. Many manufacturers grapple with outdated business models, cultural resistance and a lack of digital infrastructure. Overcoming these barriers isn't just an operational necessity—it's the key to staying competitive in an increasingly service-driven economy. PROMOTED Wha
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