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A subscription business model - that sounds like significant economic advantages. Therefore, the question arises: Why haven't all manufacturing companies established this type of participative business model yet?
The answer: The development and implementation of subscription business models go hand in hand with central challenges that companies have to overcome in the course of a business model transformation. This expert paper helps with this.
Ein Subscription-Geschäftsmodell – das klingt nach maßgeblichen wirtschaftlichen Vorteilen. Daher stellt sich die Frage: Warum haben bisher noch nicht alle produzierenden Unternehmen diese Art der partizipativen Geschäftsmodelle aufgebaut?
Die Antwort: Der Aufbau und die Umsetzung von Subscription-Geschäftsmodellen gehen einher mit zentralen Herausforderungen, die Unternehmen im Zuge einer Geschäftsmodelltransformation bewältigen müssen. Hierbei hilft dieses Expert-Paper.
Manufacturing companies are constantly increasing their efforts in the subscription business, also known as product-as-a-service business, offering usage and outcome based solutions (value-in-use) instead of transactional services and products (value-in-exchange). Customers are becoming contractual subscribers of the solution in return for recurring, performance-related payments. To address arising, inevitable challenges like (1) reducing customer churn, (2) increasing usage intensity and outcome quality, (3) ensuring the adoption of product and software releases as well as (4) fostering customer loyalty, leading manufacturing companies are setting up a new organizational, customer-facing unit, called Customer Success Management (CSM). This unit has its origins in the software-as-a-service business, operating next to established entities like sales, key account management and customer service. Since there are currently no holistic models for an end-to-end description of CSM-tasks in the manufacturing industry, this paper contributes to a taskoriented reference model, using a grounded theory approach, examining both manufacturing and software companies. Containing a reference framework with 8 main tasks, 17 basic tasks and 76 elementary tasks, the reference model supports manufacturing companies in adapting and customizing a company-specific CSM concept.
Subscription business models provide an important component for monetizing the potential of Industrie 4.0. Subscription business is based on a long-term and participative business relationship between customer and provider. However, only digitalization offers the necessary framework conditions to realize the characteristic recurring and performance-based billing, and to ensure the necessary transparency about the usage phase of products as well as continuous performance improvements in the customer process. Against this background, companies must not only recognize the much-cited potential that lies in the total dedication to the success of individual subscription customers. Rather, the central obstacles must be addressed, examined, and subsequently overcome in a targeted manner in order to successfully establish subscription business models and place them on the market.
Since data becomes more and more important in industrial context, the question arises on how data-driven added value can be measured consistently and comprehensively by manufacturing companies. Currently, attempts on data valuation are primarily taking place on internal company level and qualitative scale. This leads to inconclusive results and unused opportunities in data monetization. Existing approaches in theory to determine quantitative data value are seldom used and less sophisticated. Although quantitative valuation frameworks could enable entities to transfer data valuation from an internal to an external level to take account of progress in digital transformation into external reporting. This paper contributes to data value assessment by presenting a four-part valuation framework that specifies how to transfer internal, qualitative to external, quantitative data valuation. The proposed framework builds on insights derived from practice-oriented action research. The framework is finally tested with a machine tool manufacturer using a single case study approach. Placing value on data will contribute to management’s capability to manage data as well as to realize data-driven benefits and revenue. [https://link.springer.com/chapter/10.1007/978-3-030-85902-2_19]
Das Projekt LBM²-Load Based Monitoring and Maintenance erforschte die Einsatzfähigkeit einer kostengünstigen Lastsensorik zur Messung und Analyse von Restlebensdauerdaten für Großkomponenten an Windenergieanalgen (WEA). Da aktuell im Einsatz befindliche Condition-Monitoring-Systeme zur Überwachung von WEA oft teuer in der Anschaffung sind und lediglich vergangenheitsorientierte Informationen liefern, sobald ein kritischer Zustand bereits eingetreten ist, besteht der Bedarf insbesondere für KMU in der WEA-Branche für eine kostengünstige, proaktive Alternative. Hierzu wird im Projekt LBM² der Einsatz einer kostengünstigen, auf Dehnungsmessstreifen basierenden Messtechnologie erforscht, die über einen langen Zeitraum in einem Testwindpark betrieben wird. Die Erkenntnisse zu den Herausforderungen in der Spezifikation der Messtechnologie für den WEA-Typ sowie in der kontinuierlichen Datenerfassung und –auswertung adressieren ein aktuell hochrelevantes Themenfeld. Die Implikationen der Erkenntnisse gehen damit weit über die Branche der Windenergie hinaus. Mittels der gewonnenen Daten über die Lasten bzw. Restlebensdauern von Großkomponenten der WEA (z.B. Getriebe, Hauptwelle oder Hauptlager) wurden zudem deren Einsatzpotenziale für eine proaktivere, vorausschauende Instandhaltung von WEA untersucht. Die Instandhaltung ist der Hauptkostentreiber im Betrieb einer WEA und bietet demnach großes Potenzial für einen kosteneffizienteren Betrieb, der speziell für KMU in einem umkämpften Strommarkt mit wegfallenden EEG-Zulagen notwendig ist. Hierzu wurden im Projekt LBM² Instandhaltungsprozesse für WEA-Großkomponenten aufgenommen. Diese wurden in einer Simulationsumgebung hinsichtlich verschiedener, kosteneffizienter Instandhaltungsstrategien untersucht. Dazu wurde der Einfluss von Restlebensdauern auf spezifische Instandhaltungsstrategien abgebildet. Weiterhin wurden die Projektergebnisse in einen Softwaredemonstrator überführt, der den Anwendern und speziell KMU eine Möglichkeit an die Hand gibt, die Daten der kostengünstigen Lastsensorik in Zukunft übersichtlich visualisiert und mit relevanten Handlungsempfehlungen für eine optimierte Instandhaltung hinterlegt zu nutzen.
Towards a Methodology to Determine Intersubjective Data Values in Industrial Business Activities
(2021)
This paper contributes to a valuation framework for valuing data as an intangible asset. Especially those industrial manufacturers developing and delivering holistic digital solutions are limited in calculating the true business value of data initiatives. Since the value of data is strongly dependent on the respective use case, a completely objective valuation is not possible. This complicates decision-making on the internal side regarding investments in digital transformation, and on the external side to communicate existing benefits to third parties via financial reporting. Therefore, the target is to design a valuation framework that allows industrial manufacturers to determine an intersubjective, i.e., traceable and transparent, data value. In order to develop a framework that can be applied in practice, the approach is based on industrial case study research.