Industrial machinery solutions adoption is accelerating to keep up with shifting customer expectations and rising costs and competitive pressures. Outcome-based products and products as a service are shifting the balance of products to services, as manufacturers’ needs change to accommodate sustainability initiatives and push to drive total customer value.
New market entrants are also driving increased innovation in products with connectivity, remote service, and customer self-service. Expansion into new markets and increasing regulatory requirements in existing markets are improving product complexity to ensure compliance. Here are some of the challenges PTC is helping your industry to solve:
- Increased demand for new business models
- Increasing cost and competitive pressures
- New markets and increased regulatory requirements
Drive measurable value
Digital transformation is accelerating as industrial machinery companies rapidly look to address the most challenging problems across the value chain to maximize revenue, reduce costs, and increase efficiency.
PTC’s approach to digital transformation centers on identifying the most impactful challenges for industrial machinery companies, applying proven solutions backed by market leading technology, and then scaling results across the organization and the value chain to deliver double digit financial impact.
4th Dimension can help you improve profitability and gain competitive advantage with solutions that help lower the cost of goods sold and reduce service costs.