BLOGS
Trends in Machinery Manufacturing – Industrial Round up August 2024
The industrial machinery sector is showing a downward trend and U.S. business confidence saw a decrease, confirming the trend among manufacturers. The sector is confronted with dual challenges amidst global uncertainties. While confidence remains resilient in some regions, geopolitical tensions in the Middle East pose risks to global supply chains.
10 Lessons for Industrial OEMs: Achieving Aftermarket Success
The industrial sector has long recognized the critical role of Aftermarket success. By focusing on these services, Original Equipment Manufacturers (OEMs) can unlock significant value and drive sustainable growth. In a recent webinar, our CEO Vivek Joshi shared invaluable insights from Entytle’s decade-long journey. These lessons, drawn from extensive experience
Data Lakes for Packaging OEMs: Path to Single Source of Truth
Data Lakes for Packaging OEMs – How to Maximize Aftermarket Opportunities? Packaging and processing companies are always looking for innovative ways to maximize aftermarket opportunities. One such innovation is the utilization of data lakes. A data lake is a centralized repository that allows you to store all your structured and
Monthly Industrial Round-Up – July 2024: Key Updates and Trends in Machinery Manufacturing
Introduction Welcome to the July 2024 Industry Round-Up, your go-to source for the latest updates, trends, and insights in machinery manufacturing. Stay informed about the critical developments shaping our industry and gain the knowledge you need to stay ahead. The industry is in the midst of a dynamic transformation. From
How to achieve Installed Base Visibility?
Understanding and managing the installed base is more crucial than ever. Original Equipment Manufacturers (OEMs) can significantly enhance customer satisfaction, improve service delivery, and drive substantial revenue growth by effectively understanding and managing their Installed Base Visibility. The Importance of Installed Base Visibility Understanding customer behavior and equipment performance post-sale
From Pre-Visit Prep to Reporting: Enhanced Field Service Efficiency with IB HealthCheck
Efficient field visits are crucial for maintaining the operational integrity of industrial equipment. The IB HealthCheck app, featuring a comprehensive checklist, allows field executives to systematically evaluate equipment on-site. This guide outlines best practices for using the IB HealthCheck app to maximize the effectiveness of improving Field Service efficiency. Field
Understanding the Chaos: Common Challenges in Installed Base Data Management
Challenges in Installed Base Data: Imagine you’re trying to put together a jigsaw puzzle, but the pieces are scattered across multiple rooms in your house. Some pieces are in the living room, others in the kitchen, and a few more in the basement. Not only are the pieces spread out,
Is the lack of Installed Base visibility costing you aftermarket revenue?
For industrial Original Equipment Manufacturers(OEMs), the Installed Base represents a goldmine of aftermarket revenue opportunities. Yet, many OEMs are leaving money on the table due to poor visibility into their Installed Base data. Investing in Installed Base visibility is not just about seeing machines; it’s about seeing the future of
How Automating Aftermarket Sales Can Unlock Revenue for Industrial OEMs
In the industrial Original Equipment Manufacturer (OEM) landscape, aftermarket opportunities present a lucrative revenue stream. Yet, many OEMs struggle to fully tap into this potential for various reasons: data quality, fragmented and siloed data systems, change management, and cumbersome workflows. With today’s modern technology, automating aftermarket sales is within grasp
Installed Base Data Filtering with Map/List View: Visualize and Strategize Your Next Steps
For industrial OEMs, staying competitive goes beyond just manufacturing high-quality machinery—it requires staying connected to your Installed Base Data and responding to customers’ needs. For industrial OEMs, the aftermarket is a vital source of profitability, often exceeding margins on new equipment sales. The key to unlocking this potential lies in
Trends in Machinery Manufacturing – Industrial Round up September 2024
The industrial machinery sector remains resilient amidst a turbulent global economy. Recent reports highlight significant global stock market downturns, including substantial U.S. stock market declines and a major drop in Japan’s Nikkei index. These developments reflect broader concerns about economic stability and potential recessions. Recent economic data shows that the
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Is the lack of Installed Base visibility costing you aftermarket revenue?
For industrial Original Equipment Manufacturers(OEMs), the Installed Base represents a goldmine of aftermarket revenue opportunities. Yet, many OEMs are leaving money on the table due to poor visibility into their Installed Base data. Investing in Installed Base visibility is not just about seeing machines; it’s about seeing the future of
How Automating Aftermarket Sales Can Unlock Revenue for Industrial OEMs
In the industrial Original Equipment Manufacturer (OEM) landscape, aftermarket opportunities present a lucrative revenue stream. Yet, many OEMs struggle to fully tap into this potential for various reasons: data quality, fragmented and siloed data systems, change management, and cumbersome workflows. With today’s modern technology, automating aftermarket sales is within grasp
Installed Base Data Filtering with Map/List View: Visualize and Strategize Your Next Steps
For industrial OEMs, staying competitive goes beyond just manufacturing high-quality machinery—it requires staying connected to your Installed Base Data and responding to customers’ needs. For industrial OEMs, the aftermarket is a vital source of profitability, often exceeding margins on new equipment sales. The key to unlocking this potential lies in
Trends in Machinery Manufacturing – Industrial Round up September 2024
The industrial machinery sector remains resilient amidst a turbulent global economy. Recent reports highlight significant global stock market downturns, including substantial U.S. stock market declines and a major drop in Japan’s Nikkei index. These developments reflect broader concerns about economic stability and potential recessions. Recent economic data shows that the
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