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Increase Revenue & Customer Retention
Even by conservative estimates, the market for services in the IT industry is staggering, well over $700 billion in 2006. Increasingly, rather than wait for the next “killer application” or whiz-bang technology, technology-based companies are trying to “move up the chain”, building upon a successful product focus to grab a piece of that lucrative pie. Enterprises may be at a “tipping point” where services will become the primary revenue generator for a vendor, pulling product or technology. The market for services ranges from traditional, remedial product services, to managed services, to full-scale outsourcing of applications and even functions.
Harvard Research Group can provide consulting, market research and analysis, and market development expertise for vendors, resellers, and end-users who are interested in exploiting the competitive benefits of services in their business.
Areas of focus and opportunity include:
- Traditional break, fix, warrantee services
- Managed services and hosted managed services
- Professional services (including outsourcing),
- Operational services (service processes, logisitics, warranty, rev/cost recognition
- Reseller/channel delivered services
- Training to maximize service effectiveness and impact on customer retention
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