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Services 2.0: The New Business Frontier for Profitability 

  • August 2015
  • -
  • Frost & Sullivan
  • -
  • 44 pages

Services 2.0: The New Business Frontier for Profitability : Redefining Business Dynamics across the Global Ecosystem of Suppliers, Partners, and Customers

As part of the Internet of Industrial Things (IoIT) research portfolio from the industrial automation and process control practice, this study offers a detailed assessment of key opportunities for Services 2.0 in manufacturing from an application, technology, and market standpoint. Furthermore, the concept of managed services is set to transform the services methodology. The study strategically examines the transition of services models and explores the different applications of IoIT technologies for services including niche segments such as plant, industrial data, security, and asset/process optimisation. The study period is 2014–2021.

Key Questions this Study will Answer

- How has the industrial services market evolved? What have been the different phases of transition of the services models? Where are the new business opportunities?
- What is the impact of IoIT on manufacturing services? What is the new architecture of services in manufacturing? What is IoIT’s effect on different industry verticals?
- How can IoIT technologies-influenced services models be incorporated into different business segments? How can technologies such as Big Data, cloud, and industrial mobility be applied to create advanced service portfolios?
- How can IoIT technologies aid in answering the unmet need of the customers in the manufacturing sectors? What is the buying behavior of the customer?
- What is the market size of services in manufacturing? What is the impact of IoIT technologies on the growth rate of advanced and conventional manufacturing services categories?

Table Of Contents

Services 2.0: The New Business Frontier for Profitability 
Table Of Contents
1 EXECUTIVE SUMMARY

Executive Summary
1 Key Findings
2 Key Findings

2 INTERNET OF INDUSTRIAL THINGS—A RESEARCH PERSPECTIVE

Internet of Industrial Things—A Research Perspective
1 Internet of Industrial Things—The 4 Functional Facets
2 Frost and Sullivan's Offering
3 Research Scope and Objective
4 Key Questions this Study will Answer

3 TRANSITION OF SERVICES MODELS

Transition of Services Models
1 Evolution of Services
2 Outlook of Totally Integrated Services
3 Unplugged Gaps in Totally Integrated Services Model
4 Mapping of Technologies, Application and Service Segments

4 EXPLORING IOIT INFLUENCED MANUFACTURING SERVICES ARCHITECTURE

Exploring IoIT Influenced Manufacturing Services Architecture
1 Manufacturing Sector Architecture
2 Rebranding of Service Segments in Manufacturing Sector
3 Paradigm Shift towards Managed Services
4 Impact of Converging ICT and OT on Services Models
5 Application of Big Data Analytics in Manufacturing Services
6 Predictive Analysis—Opportunity Analysis
7 Future of Clouds—The Services Perspective
8 Solving the Smart Services Puzzle

5 SERVICES 20—A GOLD MINE IN MANUFACTURING

Services 20—A Gold Mine in Manufacturing
1 Growth of Technology Oriented Services
2 Lucrative Future Technological Pillars
3 Outlook of Niche Service Segments
4 Opportunity Analysis Across Industry Verticals
5 Adoption of IoIT Supported Service Modules
6 Revenue Snap Shot of the Services Markets
7 Manufacturing Services Market—Revenue Metrics
8 The Last Word—3 Big Predictions
9 Legal Disclaimer

6 APPENDIX

Appendix
1 Abbreviations Used

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