Digital Twins in Manufacturing 4.0
Digital twin enables you to create a virtual representation of a real-world product or asset that help businesses to make model-driven decisions. Explore more about Digital Twins.
Supercharging Service Contracts for Success: The Analytics Advantage
In today’s digital age, data is continuously generated from various sources, and businesses have access to vast amounts of valuable information. However, managing and extracting insights from this data can be a daunting task without the aid of advanced technology and analytics. This is particularly true for Service Contracts, where the success of these agreements […]
Driving Innovation in Warranty and After Sales: The Role of Generative AI in the Manufacturing Industry
Generative AI has gained significant prominence worldwide in 2023, transforming the way researchers, enthusiasts, and software developers tackle machine learning and artificial intelligence challenges. Generative AI is an artificial intelligence subfield that can create content in the form of text, images, music, and code. A massive amount of text data is used to train these […]
Transforming Service Quality Management for Automotive Suppliers Driving Efficiency and Revenue Growth
Amidst the fiercely competitive automotive supplier landscape, organizations relentlessly endeavor to enhance their service quality management processes. However, tier 1 suppliers often face challenges in their current Service Quality Management practices. This blog explores the pain points faced by tier 1 suppliers and highlights the importance of adopting a specialized Service Quality Management application to overcome these […]
Why Salesforce Manufacturing Cloud is a Game-Changer for the Industry
In today’s fast-paced manufacturing environment, manufacturing organizations are constantly searching for ways to streamline their operations and increase efficiency. One solution that has gained a lot of attention in recent years is Salesforce Manufacturing Cloud. Salesforce Manufacturing Cloud is a cloud-based solution that caters specifically to the needs of manufacturers, providing them with a unified […]
Revving Up Your Product’s Lifecycle: The Importance of Aftermarket Services and Service Lifecycle Management
Product quality and longevity are crucial for customer satisfaction and the long-term success of any business. However, even the best products require maintenance, repairs, and replacement parts over their life-cycle to ensure continued functionality and customer satisfaction. Therefore, service life-cycle management and aftermarket services are critical for companies to offer.
Connected Service Life-Cycle Management – A data-driven approach to service operations
The immense potential of aftermarket services for the manufacturing industry is a no-brainer. As per industry standards. Aftermarket services comprise 25-30% of the revenues, with a profitability of up to 55% Service parts management is around 15-20% of the revenue, with profitability of up to 50% Service contracts are high margin businesses with a potential […]
Top Blogs and Webinars from 2021-Connected Service and Warranty
As we close the year 2021 (and what an incredible year it was), here is a list of our most popular blogs and webinars from this year – the ones our customers showed the most love to, and that answered the most pressing questions. Enjoy! Blogs 1) From Cost Center to a Competitive Advantage: Warranty Management […]
Tavant Transforms Service Life-cycle Management with Enhanced Connected Service Experience
SANTA CLARA, CA (September 30, 2021) – Tavant, the global leader in Service Life-cycle Management (SLM), today announced the expansion of its solution suite to enhance service delivery experience, drive sustainability, and capture aftermarket lifetime value. The expanded solution builds a single source of information designed to help OEMs and their suppliers improve how they develop, […]
Electric Vehicles and their Impact on Automotive Warranty Management
The falling costs of the lithium-ion battery pack, coupled with the rising concern of climate change, in addition to policy incentives, rising incomes, and technological advancements have pushed the adoption and sales of electric vehicles (EV) this last decade. The Growth of the EV Segment Bloomberg NEF’s Electric Vehicle Outlook study forecasts that EVs will […]
