Case Studies Service Lifecycle Management-Aftermarket Services
Problem
Global 500 OEM desired to expand into to multivendor service but wanted validation that MVS was an optimal strategy for growth.
Key Findings
- High demand for MVS within client base
- Competition limited to small, niche providers with limited capability
- Opportunities expand service portfolio and increase revenue
- Perceptions as to whether OEM could execute on promise
- Need for Executive level commitment
- Opportunity to expand presence into new customer accounts
Blumberg Advisory Group Recommendations
- Build business case pro-forma to enter into MVS
- Establish MVS sales, marketing, and support infrastructure
- Develop MVS oriented marketing collateral and sales aides
- Improve data capture of installed base characteristics within customer environment
- Utilized MVS organization to identify new equipment sales opportunities
Results
- 15% increase in the installed base market share
- 30% Revenue growth in services over 24 month period
- 20% increase in profits
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