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Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies pp 333–341Cite as

From Asset Provider to Knowledge Company—Transformation in the Digital Era

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Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

Abstract

Digitalization and the industrial internet is expected to bring major changes in manufacturing and service delivery—following the transformation in business to consumer markets. The industrial internet enables new business by connecting intelligent devices and people using them into cloud based analytics and decision-making systems. The objective of this research was to understand the transformation from an asset provider to a knowledge service company by analysing companies’ service offerings. ‘Data to decision’—framework is used to categorize service concepts according to their knowledge intensity. The framework suggests that the service provider could offer new value to its customers by being able to provide knowledge as a service. In this paper, we discuss shortly the steps that characterize the transformation and the possible business impacts this transformation generates. Additionally, we connect the steps into the framework to help further research in this field. For further research, we suggest that the framework could be used for similar analysis with comparable data and to help to understand the ongoing transition in business ecosystems.

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Notes

  1. 1.

    See details in http://www.dimecc.com/dimecc-services/s4fleet/.

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Acknowledgements

The research leading to these results has received funding from the Finnish Funding Agency for Innovation (Tekes). The authors gratefully acknowledge Tekes for the financial support that made this study possible.

Author information

Authors and Affiliations

  1. VTT Technical Research Centre of Finland Ltd., Tampere, Finland

    Helena Kortelainen & Jyri Hanski

  2. Lappeenranta University of Technology, Lappeenranta, Finland

    Ari Happonen

Authors
  1. Helena Kortelainen
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  2. Ari Happonen
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  3. Jyri Hanski
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Corresponding author

Correspondence to Helena Kortelainen .

Editor information

Editors and Affiliations

  1. The Asset Institute, Queensland University of Technology, Brisbane, QLD, Australia

    Joseph Mathew

  2. Department of Architecture and Civil Engineering, City University of Hong Kong, Hong Kong SAR, China

    C.W. Lim

  3. School of Chemistry, Physics, Mechanical Engineering, Queensland University of Technology, Brisbane, QLD, Australia

    Lin Ma

  4. Synengco Pty Ltd, Highgate Hill, QLD, Australia

    Don Sands

  5. School of Chemistry, Physics, Mechanical Engineering, Queensland University of Technology, Brisbane, QLD, Australia

    Michael E. Cholette

  6. School of Mechanical and Manufacturing Engineering, UNSW Sydney, Sydney, NSW, Australia

    Pietro Borghesani

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Kortelainen, H., Happonen, A., Hanski, J. (2019). From Asset Provider to Knowledge Company—Transformation in the Digital Era. In: Mathew, J., Lim, C., Ma, L., Sands, D., Cholette, M., Borghesani, P. (eds) Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies. Lecture Notes in Mechanical Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-95711-1_33

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  • DOI: https://doi.org/10.1007/978-3-319-95711-1_33

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-95710-4

  • Online ISBN: 978-3-319-95711-1

  • eBook Packages: EngineeringEngineering (R0)

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