Login to Customer Portal
Contact
SearchThe Future of Manufacturing Subscription Models
According to Gartner, more than 70% of organizations are considering selling service subscriptions. Subscriptions promise higher profit margins than product sales and offer a predictable, recurring revenue stream. Organizations offering subscriptions are less impacted by economic downturns and more likely to recover quickly after taking a hit.
Subscriptions are all around us in our daily lives, and they also caused a shift in manufacturers’ business models. With core technologies such as IoT and big data analytics available and mature, manufacturers can offer tailor-made subscription-based products and services that generate new revenue and build lasting customer relationships.
The shift to subscription business models is a journey. Whether you are selling products with matching services or considering equipment-as-a-service subscriptions, the road ahead is challenging. Learn more about potential roadblocks, opportunities, and examples from leading manufacturers in our eBook, the Future of Manufacturing Subscription Models.
Related content
The State of Digital Manufacturing 2023 Survey
Download the full eBook to better understand the current trends across the manufacturing industry.
The State of Manufacturing 2025
From shifting trade policies and supply chain disruption to the rise of AI and IoT technology, manufacturers face a push and pull between refining operations now and preparing for future innovation and growth.
Customer Value Assessment: A results based approach to digital sales transformation
In our latest eBook, “Customer Value Assessment: A results based approach to digital sales transformation”, we discuss discrete examples of potential value that manufacturers can realize with Tacton CPQ!