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 your Installed Base Data—the machinery […]
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 U.S. added only 114,000 jobs
Trends in Machinery Manufacturing – Industrial Round up September 2024 Read More »
Maximizing Revenue with Service Contracts for Industrial OEMs: Essential Strategies Service contracts for industrial OEMs offer a powerful tool, providing not only a steady revenue stream but also stronger customer relationships. Many companies struggle to fully leverage this potential due to common pitfalls and a lack of strategic focus. This guide will help you unlock
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When you’re managing aftermarket sales in the machinery manufacturing sector, every interaction with a customer counts. But how often do you find yourself scrambling to piece together fragmented information across different systems like industry favorites Spreadsheets, CRM, ERP, FSM, etc. during a critical sales call? The struggle to get a unified customer data view is
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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. Additionally, a decline in the
Trends in Machinery Manufacturing – Industrial Round up August 2024 Read More »
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 and industry success, offer key
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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 unstructured data at any scale.
Data Lakes for Packaging OEMs: Path to Single Source of Truth Read More »
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