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Collaborative servitization in service-oriented company: The case study of telco company
Jovana Mihailović1, Biljana Stošić2, Radul Milutinović2
1ICT Product Development, Belgrade, Serbia.
Plos One
|May 15, 2024
Summary
This study explores product-service systems (PSS) in service companies, focusing on collaborative servitization. It reveals that collaboration models, customer involvement, and strategic focus are key to success in the telco industry.
Area of Science:
- Business Management
- Service Innovation
- Operations Management
Background:
- Growing academic and industry interest in product-service systems (PSS) and collaborative servitization.
- Limited research on service companies' growth through PSS, particularly in the telecommunications (telco) sector.
- Telco companies increasingly offer complex product-service bundles.
Purpose of the Study:
- Investigate Product-Service Systems (PSS) within service companies.
- Analyze the role of collaboration in PSS development phases: idea generation, development, and go-to-market.
- Examine collaborative servitization strategies in the telco industry.
Main Methods:
- Case-based research methodology.
- Conducted within an international telecommunications organization.
- Analysis of PSS creation, commercialization, partnerships, and customer collaboration.
Main Results:
- Demonstrates how a service company creates and commercializes integrated product-service offerings.
- Identifies key partners and analyzes the benefits and challenges of cooperation.
- Classifies customers into five profiles based on their PSS development participation.
- Highlights the critical importance of collaboration models, customer involvement, and strategic focus.
Conclusions:
- Successful collaborative servitization hinges on effective collaboration models, deep customer involvement, and a clear strategic direction.
- Findings offer practical insights for service companies to optimize business organization, leverage partnerships, and achieve market advantage.
- Complements existing literature on collaborative servitization with a focus on service-centric PSS development.
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