Research Report

The Impact of Smart, Connected Products on Business Models

Smart, connected products are turning business models upside down.

As we look at the current state of the industrial equipment industry, it’s clear that companies are experiencing problems.

TSIA has been following this trend, and the data shows:

  • Over the last 3 years, total technology revenue has gone down 21%.

  • In the last year, gross margin has gone down 5 points.

  • Only 1 out of 5 companies are growing profitably.

Download this quick tool to see why the time to start transitioning from CapEx to OpEx is now.

 

Authored By:

Vele Galovski

VP Research, Field Services, TSIA

Publish Date: March 1, 2018

TSIA is well worth the investment. This is the one place where you can come and get a fusion of ideas that you can then marry up to the goals and objectives of your organization and boil that down into several actionable plans that you can implement over the next 6 months to a year.

Peg Rodarmel, SVP, Subscription Services, Infor

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