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Institute
More and more companies in the mechanical and plant engineering industry are transforming their business model and evolving from product to solution providers. Subscription business models play a key role in this development. They enable companies to enter long-term collaborative relationships with customers and thus monetize the potential of Industry 4.0. However, this development is not easy for many companies and is associated with numerous hurdles. One of these hurdles is the development of a suitable range of services tailored to customer needs. In this context, the bundling of individual services to service modules plays a key role in realizing new value propositions. In practice, however, companies often lack an understanding of which services need to be combined in what way to be able to realize new value propositions. Accordingly, the goal of this work is to identify relevant services for subscription business models, to cluster them into meaningful value-adding bundles, and to derive new value propositions accordingly. The new value propositions in turn enable mechanical and plant engineering companies to strengthen customer loyalty and thus achieve long-term economic success.
To monetize the potential of digitalization in times of saturated markets, increased machinery and plant engineering companies are starting to transform the transaction-based business model into a customer- and service-oriented subscription business. Even though subscription offerings can create win-win situations for providers and customers, companies encounter significant difficulties in acquiring customers for this innovative business model. Historically linear acquisition processes focused on transactional product sales impede success. To identify key challenges and targeted coping strategies for customer acquisition we conducted in-depth interviews with 18 subscription managers and sales representatives from seven machinery and plant engineering case studies. In our research we uncovered four challenge dimensions: (1) lack of motivation, (2) missing skills and competences, (3) insufficient customer confidence and (4) transaction-oriented sales approach. Beyond that we derived four appropriate coping strategies (1) steering mechanisms, (2) human resource management, (3) trust building instruments and (4) systematic methodology to address them. These insights highlight the key challenges at the management level for customer acquisition that companies face when trying to initiate and sustain the transition from a purely transactional product and service business to subscription-oriented growth. Furthermore, they provide guidance how to cope with these challenges.
The mechanical and plant engineering industry faces a stagnation in the new machinery market and is relying on innovative business models such as subscription to overcome these. In this business model, individually customized solution packages are offered. The success of these models depends directly on the future success of the customer, making the selection of the right customers crucial. The aim of this paper is to identify the criteria that indicate the suitability of customers for subscription models. While there are individual descriptions of suitability criteria in the existing literature, there is a lack of comprehensive consideration of customer relationship, customer company, and customer market, as the extensive consideration was not necessary in the transactional sale of machines until now. Therefore, in this study, expert interviews are conducted with companies in mechanical and plant engineering that offer subscription models. The results show criteria that are used to evaluate customers in the six main categories of creditworthiness, market potential, benefit potential, feasibility, relationship, and sales effort. In total, 24 criteria can provide insight into the suitability of the customer for a successful subscription relationship. These criteria are intended to develop target systems that meet the requirements of different stakeholders in the customer and thus support the economic viability of these business models.
Pricing is one of the most important, but underestimated tools, to enhance a company's profitability. Especially value-based pricing has a high potential to reach higher levels of satisfaction because it equates the needs of providers and customers. Even though, it is a well-known price model and promises higher satisfaction, many companies struggle to implement it. Especially the manufacturing industry is characterized by cost-plus pricing and competition-based pricing. However, especially for digital products these pricing strategies are insufficient. Therefore, this paper aims at exploring the design fields for value-based pricing of digital products in the manufacturing industry. To achieve this, the basics of digital products and value-based pricing are explored. Furthermore, an expert workshop is conducted that follows a framework for value-based pricing consisting of four consecutive steps analysis, price strategy, pricing, and market launch to capture the design fields. This paper concludes with limitations, and practical and research implications.
Ziel des Forschungsprojekts ‚DM4AR‘ war es, Servicewissen skalierbar und einfach nutzbar zu machen, indem automatisch Augmented-Reality-Inhalte aus verschiedenen Datenquellen generiert werden.
Nutzen für die Zielgruppe:
Durch die Ergebnisse des Projekts ‚DM4AR‘ kann zukünftig die wesentliche Barriere für die flächendeckende und produktive Nutzung der AR-Technologie durch die Etablierung eines plattformbasierten und automatisierten Ansatzes zur Datenaufbereitung überwunden werden. Dabei steht die einfache Integration in den operativen Serviceprozess im Vordergrund, um den Nutzen zu maximieren und die Umstellung der Serviceprozesse zu vereinfachen. Die ‚DM4AR‘-Ergebnisse ermöglichen somit die Sicherung und den gezielten Einsatz des im Unternehmen vorhandenen Wissens.
This chapter presents key challenges of digital pricing: selling value propositions, data-driven quantification of value, the design of value-driven pricing models, and the definition of subscription-based price metrics. To structure the pricing for smart-product-service offerings promisingly, a framework with four specific elements has been developed. To address the value propositions properly, this chapter presents four archetypes for offering smart-product-service systems. The chapter concludes by presenting an approach to quantify customer value for digital products and services.
Herausforderungen der Preisbildung datenbasierter Geschäftsmodelle in der produzierenden Industrie
(2022)
Inhaltsangabe des Sammelbands:
In diesem Open-Access-Buch stehen die wirtschaftliche Verwertung von Daten und die dazu gehörenden technischen und organisatorischen Prozesse und Strukturen in Unternehmen im Fokus. Es behandelt Themen wie Datenmonetarisierung, Datenverträge, Data Governance, Informationssicherheit, Datenschutz und die Vertrauenswürdigkeit von Daten.
Seit Jahren wird davon gesprochen, dass „Daten das neue Öl“ sind. Expertinnen und Experten sind sich einig: Das Wertschöpfungspotential von Daten ist enorm und das über fast alle Branchen und Geschäftsfelder hinweg. Und dennoch bleibt ein Großteil dieses Potentials ungehoben. Deshalb nimmt dieser Sammelband konkrete Innovationshemmnisse, die bei der Erschließung des wirtschaftlichen Werts von Daten auftreten können, in den Blick. Er bietet praktische Lösungsansätze für diese Hürden an den Schnittstellen von Ökonomie, Recht, Akzeptanz und Technik. Dazu folgen die Autorinnen und Autoren einem interdisziplinären Ansatz und greifen aktuelle Diskussionen aus der Wissenschaft auf, adressieren praxisnahe Herausforderungen und geben branchenunabhängige Handlungsempfehlungen. Den Leserinnen und Lesern soll eine transparente Informationsbasis angeboten werden und damit die Teilnahme an der Datenwirtschaft erleichtert werden.
Dieses Buch richtet sich an Entscheidungsträgerinnen und Entscheidungsträger in Unternehmen sowie an Entwicklerinnen und Entwickler datenbasierter Dienste und Produkte. Der Band ist ebenfalls für Fachkräfte der angewandten Forschung wie auch für interdisziplinär Studierende z.B. der Wirtschaftsinformatik, der technikorientierten Rechtswissenschaft oder der Techniksoziologie relevant.
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.
33 Prozent aller Unternehmen glauben, den Anschluss an Künstliche Intelligenz (KI) zu verlieren. Obwohl KI auf den ersten Blick eine Herausforderung darstellt, kann sie vor allem im Unternehmenskontext eine bedeutende Rolle spielen. Genau da setzt das Programm "KI-Serviceroadmap 2024" des FIR an und zeigt Ihnen den Weg zu KI im Service auf. Das Programm beginnt für alle teilnehmenden Unternehmen mit einem umfassenden Assessment und mündet in der Entwicklung einer detaillierten Roadmap mit Ihrem individuellen Weg zu KI.
Im durch das Bundesministerium für Wirtschaft und Energie (BMWi) geförderten Forschungsprojekt 'EVAREST' untersucht der FIR e. V. an der RWTH Aachen zusammen mit Projektpartnern wie dem Deutschen Forschungszentrum für Künstliche Intelligenz(DFKI) und dem Schokoladenhersteller Lindt & Sprüngli Deutschland GmbH die Chancen durch Digitalisierung in der Lebensmittelindustrie. Mit der Betrachtung von Daten als eigenständigem Wirtschaftsgut wird eine neue Form der Datenökonomie erforscht,in der ein monetärer Handel mit Datenprodukten ermöglicht wird. Die technische Umsetzung erfolgt u. a. durch die beteiligten Projektpartner Software AG und DFKI in Form eines offenen IoT-Plattform-Ansatzes. Die Erforschung der Rechtssicherheit im Handel mit Datenprodukten ist ebenfalls Bestandteil des Projekts und wird durch die Universität des Saarlandes abgebildet. Das Forschungsprojekt 'EVAREST' wird vom Bundesministerium für Wirtschaft und Energie aufgrund eines Beschlusses des Deutschen
Bundestages gefördert.