Enterprises’ Servitization in the First Decade

Author(s)
Natalia Kryvinska, Sebastian Kaczor, Christine Strauss
Abstract

The concept of servitization provides major benefits both for the performing company and for the profiting customer. Thus, during the last years many companies were heading for this well-proven direction tempted by expectations, but have been possibly even not aware of some inherent challenges. Since there are some issues even threatening the existence of companies, and some other rather easy to overcome, it is by all means necessary to consider and deal with this matter. Hence, this paper provides an insight into pitfalls in servitization named “service paradox” and addresses corresponding managerial issues. To operationalize the challenges of servitization, this paper suggests a separation
among internal back-end challenges and customer-facing front-end issues, which represents the applied framework for their examination. Besides, the matter of appropriate pricing and the inherent shift of risks towards suppliers are discussed. Finally, the last part concludes the analysis outputs and gives suggestions for the future strategies in the enterprise servitization.

Organisation(s)
Department of Marketing and International Business
Journal
Applied Sciences
Volume
10
No. of pages
15
ISSN
2076-3417
DOI
https://doi.org/10.3390/app10082957
Publication date
04-2020
Peer reviewed
Yes
Austrian Fields of Science 2012
502050 Business informatics, 102015 Information systems
Keywords
ASJC Scopus subject areas
Engineering(all), Instrumentation, Materials Science(all), Fluid Flow and Transfer Processes, Process Chemistry and Technology, Computer Science Applications
Portal url
https://ucrisportal.univie.ac.at/en/publications/enterprises-servitization-in-the-first-decade(34350ddd-5b1e-4a6a-a781-4da4ba14b2eb).html