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Heavy Equipment Digital Thread

Service lifecycle management for heavy equipment

Reduce equipment service costs and downtime while improving customer satisfaction with an integrated service lifecycle management solution. Improve tomorrow's customized and complex heavy equipment designs for serviceability and performance based on feedback from the field.

Grow service revenue

Improve your business resilience with steady revenue from new, high-margin value-driven business models. Build closer partnerships with your customers to help them maintain today’s complex, customized heavy equipment. Drive efficiency in all service-related activities with information only you can provide. Tune service to the actual need, and build know-how to continuously improve your equipment.

Secure your business with service lifecycle management

Make your business more resilient and improve customer retention in a turbulent global economy by complementing cyclical new equipment sales with recurring, high-margin revenue from services and value-driven business models.

2.5x

Average operating margin

The average operating margin from the aftermarket business globally is about 2.5 times the operating margin from new equipment sales. (Deloitte)

68%

Customers leaving due to bad service

Percentage of defecting customers that leave because of bad service, not price or product quality. (FarmEquipment.com)

10-25%

Incremental top-line growth

SaaS offerings can help companies create significant value and achieve incremental top-line growth of 10 to 25 percent while increasing customer loyalty and satisfaction. (McKinsey & Company)

EQUIPMENT SERVICE SOLUTIONS

Maximize equipment uptime

Help your customers get the most out of their investment by accelerating service execution, optimizing service scheduling and focusing on continuously improving current and future equipment.

There are three key paths to turn service into a profitable business with service lifecycle solutions:

Select...

Avoid downtime by ensuring service execution has accurate information that reflects the actual configuration of the equipment. With full asset traceability, you can:

  • Track the entire history of your machines in terms of production, upgrades, and maintenance, ensuring continuous quality and compliance
  • Plan future service operations more effectively based on the as-maintained configuration
  • Monitor and validate equipment compliance at any time, even after upgrades

Achieve service excellence with Siemens

10-20%

Improve customer satisfaction

Well-executed services businesses can increase customer satisfaction by 10 to 20 percentage points and reduce costs by 15% to 25%. (McKinsey & Company)

20-40%

Extended equipment life

Predictive maintenance typically reduces machine downtime by 30 to 50 percent and increases machine life by 20 to 40 percent. (McKinsey & Company)

65%

Improved sustainability

With 65 percent of CO2 coming from the use of a product over its lifespan, service is the single most impactful lever for your company’s greenhouse gas footprint. (Deloitte)

Top-performing companies use advanced analytics and machine learning to derive insights from the vast amounts of data contained in digital twins. These insights can guide decisions across the product life cycle, from design enhancements to predictive maintenance.
Finding Value in Your Installed Base, April, 2024, Bain and Company
Optimize equipment productivity

Explore our resource library

Protect your brand by factoring in serviceability as a design criterion for today’s complex heavy equipment.

A couple of colleagues in a meeting.

Grow revenue with service lifecycle solutions

Service lifecycle management

Product document management and technical publications

Frequently asked questions

Learn more

Watch

On-demand webinar | Turn equipment service-related activities into a competitive advantage

On-demand webinar series | Service lifecycle management

Listen

Podcast | The importance of service lifecycle management

Read

Blog | Keys to reduce time and cost for service documentation and tech pubs

Blog | Top 4 reasons why fleet maintenance will make OEMs successful

Infographic | Optimizing service performance

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Reach out with questions or comments. We are here to help!