Data as Basis for Business Models

Recommendations for Competitive Predictive Maintenance Business Models

JournalIndustrie 4.0 Management
Issue Volume 38, 2022, Edition 6, Pages 33-36
Open Accesshttps://doi.org/10.30844/IM_22-6_33-36
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Abstract

The combination of product service systems and big data requires a change in the existing, traditional business models and a repositioning of the companies. Since these changes are often a challenge, this article uses the example of predictive maintenance to present the influences of big data and product service systems on the business models of medium-sized companies in mechanical and plant engineering. Based on a systematic literature review in combination with expert interviews, numerous practical business model implications were obtained, providing sound guidance for industry representatives.

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Bibliography

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Potentials: Business Models