How can manufacturers create new revenue streams, while also competing more effectively in a global market that seems fixated on lowest-cost production?

Service transformation, enabled by connected technologies and alternative service approaches, is the key to diversifying manufacturing revenue streams while generating unprecedented value for customers.

In this white paper, PTC, a global provider of technology platforms and solutions that transform how companies create, operate, and service products, looks at changes that are enabling manufacturers to redefine service.

PTC commissioned market intelligence firm IDC to provide research, analysis, and commentary on evolving market dynamics.

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About PTC

PTC helps companies around the world reinvent the way they design, manufacture, operate, and service things in, and for, a smart, connected world. In 1986, PTC revolutionised digital 3D design, and in 1998 was the first to market with Internet-based product lifecycle management.

Today, PTC’s leading industrial innovation platform and field-proven solutions enable customers to unlock value at the convergence of the physical and digital worlds.

With PTC, manufacturers, and an ecosystem of partners and developers, can capitalise on the promise of the Internet of Things and augmented reality technology today – driving the future of innovation.

Internet of Business says: This content has been provided by PTC, and not by our independent editorial team.