Abstract:The world industrial economy has turned into an economy of service over the past two decades. Evidence can be easily found, such as the shift of more and more manufacturers from traditional product-centered logic towards a service-centered logic. Transactional business models are evolving towards recurring revenue models, which raises questions about the new value proposition to be met. The addition of complementary services to the product to maintain, among other things, the performance of assets throughout t… Show more
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