Industries are shifting from one-time purchases to subscription-based services to unlock new revenue streams and strengthen customer relationships.
With product-centric business models leading to high procurement and operational costs resulting in high capex, organizations are adopting new technology to offer products as a service.
Servitization offers better margins over a longer period increasing customer lifetime value for providers. It reduces the total cost of ownership and empowers customers with the flexibility to consume products and services based on their needs.
TCS Servitization Engine on Oracle Cloud helps businesses launch subscription models with dynamic pricing models.
How it helps:
Servitization offers better margins over a longer period, increasing customer lifetime value for providers while lowering the total cost of ownership with flexible consumption of products and services for customers
Improve business agility by accelerating time to market, cross-selling, and upselling to increase customer lifetime value.
The TCS advantage
Fast-track your servitization journey to seize early opportunities.
With TCS Servitization Engine on Oracle Cloud, you can make the most of the following: