Post by Strategy&

Traditional strengths in quality, innovation, and service are no longer a differentiator in international competition. But there is a deeper disruption: Customers no longer want to own equipment. They demand output, uptime, and performance – delivered as a service, billed by results. Competing on hardware alone will not work when the value is shifting beyond the product. The response is not to abandon the core, but rather building on it and combining hardware with software, services, and new commercial models. We call this the reinvention of industrial manufacturing. In our latest report, we outline what this means and how you can leverage your existing strengths to build a sustainable competitive edge. Here is what it takes to make this shift, and what separates the frontrunners from the rest: https://lnkd.in/dhxwamsd

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