Specialization in service

Service is an indispensible component for modern high-tech products. New occupational profiles are being created, one of which is that of the Service Manager. The tasks of the service manager also include collaboration with technical writers.

Text by Christian van Husen

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Specialization in service

Image: © Karuna EM/ 123rf.com

Business consultants have identified the field of Service as the growth engine of industry. This field of business already has a worldwide market volume of Euro 1,400 billions [1]. In Germany, the pure after-sales turnover of the automobile industry as well as mechanical and plant engineering runs to about Euro 70 billion [2, 3, 4]. Manufacturers already earn an average of 20 percent of their turnover through service. Innovative companies such as Kone, GE Medical or Zeppelin even earn over 50 percent [5].

The margins achieved in service are clearly higher than those in the sale of new products [6]. Top performers grow in service at an impressive rate of over ten percent per year [7]. The ratio to general economic growth, which was at 0.75 percent in Germany in 2012, shows the enormous potential of the service industry.  For the coming three years, 66 percent of surveyed companies expect ...