A smart strategy for the service-based business.

Condition-based service management reduces cost, improves performance and increases profit.

The U.S. continues on its path to a service economy. The market is getting crowded with new entrants. That's a tough challenge for companies in service industries. Profit margins are shrinking. Competition is increasing, and service operations keep doing more work for less money.

Predictive maintenance: set the conditions for your competitive advantage.
Businesses can cope with these challenges, and capitalize on them, with Condition-based Service Management, or CbSM. This process, developed by Pedigree Technologies, uses simple, affordable sensor- and cloud-based technology to help service companies and suppliers run operations based on the highest-priority needs of customers and operations. Instead of performing reactive maintenance when equipment fails, you shift to predictive maintenance that keeps customers up and running.

Condition-based Service Management, and its approach to improving efficiency, has many unique applications:

• Continuously monitor fuel tanks to prioritize deliveries based on need, distance and time
• Optimize delivery routes and lower costs
• Monitor customers' equipment, such as HVAC systems, and automatically respond when conditions are right for a mechanical failure
• Create new revenue streams by selling higher-margin contracts to monitor equipment and respond just in time to service needs

The end result is a more efficient organization, lower costs, new revenues and satisfied customers. Instead of reacting to equipment failures when they become an expensive emergency, predictive maintenance allows you to respond to smaller, lower-priced maintenance needs - tasks that ensure continued uptime.

Learn more about the possibilities of Condition-based Service Management, and how shifting to a predictive maintenance model can bring new opportunities for service-based businesses. Click here to download the whitepaper, "Service-Chain Management Made Easy".