Blog

Advanced Services and the Process Equipment industry: our latest whitepaper

The process equipment industry is facing unprecedented challenges: supply chain disruptions, labour shortages and geopolitical uncertainties. However, amidst this storm, lies an opportunity for growth and innovation.

By embracing digital transformation and adopting a service-led growth strategy, process equipment manufacturers can not only weather these challenges but also thrive in the changing market landscape. Our new whitepaper explores how to navigate these turbulent waters and seize emerging opportunities.

AI Preparedness for Manufacturers: our latest whitepaper

Artificial Intelligence (AI) is a gamechanger for manufacturers who want to servitize their business model and compete through outcome-based
services, instead of just products. To create highly scalable and profitable
services, manufacturers need to take advantage of the wide range of
opportunities AI offers.

Servitization: Back on Track and Moving Forward

Feeling stuck in a servitization stop-and-start cycle? You’re not alone. Many industrial firms struggle with maintaining momentum, facing internal resistance and losing sight of their progress. But fear not! Here’s how to get back on the servitization fast track:

ASG experts launch new definitive guide to servitization

SERVITIZATION STRATEGY: Delivering Customer-Centric Outcomes through Business Model Innovation is aimed at executives, professionals and studentsIt presents real-world case studies that underscore the impact and significance of servitization and advanced servicesWritten by leading experts Professor Tim Baines, Professor Ali Z Bigdeli and Dr Kawal Kapoor

The Advanced Services Group selected for InnovateUK EDGE Scaleup Programme

The Advanced Services Group is proud to have been recognised as a high-growth company and invited to join the InnovateUK EDGE Scaleup Programme. The programme supports a select group of companies on a journey to exponential growth. Admission to the programme follows a rigorous three-stage screening process.   The high-growth status recognises the industry’s rising interest […]

Advanced Services and the HVAC industry: our latest whitepaper

For many, the current global climate is a stormy and turbulent sea to sail in. For some, it is a lucrative and promising testbed for innovations. Innovations that can ensure economic resilience and environmental sustainability. Global markets are challenged by an unpredictable energy supply affected by a war in Europe contributing to a cost-of-living crisis, […]

Servitization can be lonely, but it doesn’t have to be

Having returned from the Advanced Services Partnership Winter Roundtable 2023, it is time for some reflection. The partners have been progressing through the servitization journey and have reached a stage we call ‘Expansion’. This is when a business has built enough internal momentum and customer engagement that they are ready to commercialise and scale the most suitable advanced service they have designed and tested.

In certain markets, customers will obtain more value from achieving an outcome than from owning the asset that delivers that value

For this instalment of interviews with our Relationship Managers, we are talking to Chris Owen, Senior Teaching Fellow and Relationship Manager to our partnership members, about his role and experiences.. Many businesses have reported that delivering outcomes is best achieved by offering services associated with the asset that the company is selling. Thus servitization offers a route to significant profitable growth which at the same time increases the value that the company delivers to its customers.

Servitization and manufacturing innovation

I was absolutely delighted to discover that the Advanced Services Group was selected from amongst hundreds of projects to be featured in the final a report by the UK government’s main research funding body, the UKRI. The final report ‘Impact of EPSRC’s Manufacturing the Future programme 2005 to 2020’ demonstrates the importance of research investment in the latest manufacturing technologies and practices.