Full Asset Lifecycle Servitization: The New Business Revenue Model for Construction
This white paper looks at the opportunities presented by delivering the full asset lifecycle model, the transformation required, and enterprise software capabilities firms must embrace to succeed.
Construction companies are constantly trying to improve profit margins, revenue and build quality. To get there an increasing number of companies are transitioning to a full asset lifecycle model.With service and maintenance contracts typically 120-200% greater than initial build costs. This disruptive model throws constructors an opportunity to more than double revenue received from one asset a
nd provides a predictable revenue stream, improved profit margins and build quality.
In this white paper we analyze factors impacting constructors from delivering the full asset lifecycle model including:
- Digitalization and enterprise software
- Offsite manufacturing
- Risk management
File Information: White Paper, pdf 0.6 MB