One of the best ways to increase customer satisfaction and loyalty is to offer valuable aftermarket services. But how can you continue engaging with customers long after the sale has been completed? That’s where equipment as a Service (EaaS) comes in.
EaaS enables new business models that help OEMs move from one-time sales to lifetime sales and service of machines–from one-time revenue to recurring revenue. MindSphere®, Siemens’ industrial IoT as a service solution, remotely connects, collects, and analyzes data from machines to allow for remote monitoring as well as remote service. Learn more about how you can create predictable recurring revenue and generate new revenue streams with EaaS resources below.