Technology is servitizing the world (Example 1: Auto industry)
The Internet of Things (IoT) and its derivative the Industrial Internet of Things (IIoT) are often...
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Tag: Uber
Digitization at Voith, Servitization in the auto industry, woes in the oil services industry and other assorted news
Voith announces the launch of a new Digital Solutions division Voith indicated a change in strategy a few months ago by announcingthe sale of its maintenance division, Voith Industrial Services, and its acquisition of a 25.1%...
Read MoreFluor buys Stork, Vestas invests in service and sharing assets saves the world
Fuor buys Stork The consolidation in the large plant services / O&M market continues with Fluor agreeing to buy Stork in a transaction valued at US$ 755 mill. or roughly 7x EBITDA. Stork has been a major player, mainly in...
Read MoreTech is eating the car – Servitization is eating everything
The auto industry is one of the largest in the world with global revenues in excess of US $1 trillion. It influences everything from global supply chains and military expenditure to safeguard them, to ways cities are laid...
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