With the growing adoption of the as-a-service business model across industries, change is accelerating as businesses increasingly look to manage consumption instead of asset ownership. Customers are demanding more predictable operating costs and reallocation of resources to focus on their core business activities. At the same time, climate change is pushing enterprises like Schneider Electric to come up with solutions that are efficient on energy, capital and are circular economy enabled by…

Despite large investments in innovative technologies, many industries still have a focus on conservative manufacturing. Competition from non-EU countries with low prices and the gradual commoditization of existing products call into question the competitiveness of European SMEs. The aim of the Service innovation methodology is to enable the expansion of the offer of small and medium-sized companies with additional services that will increase the value delivered to customers and improve their…