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Syncron Hosts Innovate2019 to Enable Manufacturers in the Shift to ServitizationSTOCKHOLM, Aug. 20, 2019 /PRNewswire/ -- Syncron™, a provider of cloud-based after-sales service solutions focused on empowering the world's leading manufacturers to maximize product uptime and deliver exceptional customer experiences, today announced the launch of Innovate2019, a first-of-its-kind global summit focused on preparing manufacturing leaders for servitization, which is the transformation from almost exclusively selling products to selling products-as-a-service. The event will take place 13 – 14 Nov. in Stockholm. In the fast-approaching servitization-centered economy, companies will no longer just sell products, instead they will offer the value or business outcomes those products deliver. This new model will encourage a shift to subscription-based businesses models, which will completely redefine the way manufacturers operate and serve their customers. According to IDC, 30 percent of G2000 manufacturers will offer products-as-a-service by the end of 2019 in order to meet mounting customer expectations, differentiate their portfolios, strengthen customer loyalty and ensure the long-term financial viability of their businesses.1 The connected nature of newly manufactured products, coupled with ever-evolving customer expectations, is accelerating the deployment of these new business models that allow manufacturers to capitalize on the business opportunity servitization presents. However, although an increasing number of original equipment manufacturers (OEMs) are rapidly moving toward servitization and subsequently future-proofing their businesses, they must simultaneously focus on optimizing the performance of their current service operations to meet the complex needs of a long-tail of disconnected products – products that will remain in service for at least the next decade. Innovate2019 will be a two-day event, taking place at Stockholm's Hotel At Six, and provide a unique opportunity for manufacturing leaders to meet with like-minded professionals. Program highlights include:
Innovate2019 will provide manufacturing leaders with a forum to meet, speak with and learn from like-minded peers about the opportunities, challenges and transformative thinking required to accelerate the journey to servitization. The event will also include industry insights from analysts, thought leaders, academics and executives. Speakers include:
"At Syncron, we're honored to have long-term relationships with executives from some of the most recognized manufacturing brands in the world," said Anders Grudén, CEO of Syncron. "In our interactions with these executives, it became clear they're keenly aware that to remain relevant in a hyper-competitive world, they must optimize the performance of their core business models while simultaneously investing in the development of innovative, future-oriented strategies and processes that will enable them to pivot and offer products-as-a-service. Innovate2019 is a response to our customers' requests for a global event to bring together like-minded manufacturing executives to network and exchange ideas and information on how servitization will shape the future of their businesses. We are excited to welcome leaders from around the world to our hometown of Stockholm!" Registration is open to manufacturing and service leaders from around the world. To learn more about the Innovate2019 agenda, click here. And, to register, click here. About Syncron 1 IDC, Servitization and Service Parts in the Age of Ecosystems, Doc # US43378419, Jun. 2019 View original content:http://www.prnewswire.com/news-releases/syncron-hosts-innovate2019-to-enable-manufacturers-in-the-shift-to-servitization-300903377.html SOURCE Syncron |