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An Overlooked Ace: Finding Value in Your Installed Base

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By Bodo Koerber, Leonides De Ocampo, Andy Capanyola, Fumihiko Nishiwaki
| Bain & Company
This article is part of Bain's Global Machinery & Equipment Report 2024 “Installed base management” is not a term that dominates business news headlines. But this often-overlooked process to manage product life cycles more efficiently offers significant untapped value to machinery and equipment companies. Leading companies have already started using new digital technologies that enable remote monitoring and diagnostics of their equipment.
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