We use cookies to enhance site navigation, analyze site usage and show personalized advertising. See our Privacy Policy. California residents - see CCPA Privacy Policy Supplemental for opt-out options.

This content is currently only available to TSIA members.

If you believe you are seeing this message in error,
please let us know.

Research Report

TSIA Industrial Equipment 40, Q2 2022

This report is for members only

Ask about TSIA membership to access.

Already a TSIA Member? Sign In.

The TSIA Industrial Equipment 40 Index aggregates and analyzes the financial outcomes of 40 industrial manufacturers quarter to quarter, with an emphasis on trends in the performance of their services lines of business. This Data View looks at Q2 2022.

  • Products revenues are flat, and service revenues buffer the decline but do not replace the decline of slower product business.
  • The digital transformation commoditizes products and is an enabler for valuable service offers.
  • Product margins are shrinking, and service margins are growing. Service margins are, for the first time in the index's history, higher than product margins.
  • Inflationary pressure and supply chain disruption have a negative impact on the net operating income margin.

The current IE 40 Index readout is reflecting the short-term impacts and long-term trends. TSIA recommends developing your services along TSIA’s Remote Services Continuum.

Authored By:

Harald Kopp

Director, Industrial Services, TSIA

Publish Date: August 31, 2022

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

Experience Our Community

Our thriving community of 40,000 technology and services leaders rely on TSIA insights every day.