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What is Modern Service Lifecycle Management

Service Lifecycle Management (SLM) continues to grow in importance for many businesses today, influencing new business models while leading to increased profitability and customer loyalty.

In their recent commentary on Service Lifecycle Management, PLM industry analyst CIMdata highlights the importance of an effective, modern service lifecycle management solution. The commentary advises readers on what to look for in a SLM solution; how it must support an end-to-end digital thread that spans the diverse service environment, and how it should provide up-to-date, accurate configuration information of all the mechanical, electrical/electronic, software, and associated document-related components of each physical asset, as well as the status and history of their operational use.

Effective service lifecycle management solutions must also support an integrated service BOM, and support an open ecosystem of OEM, customer, and third-party applications and solutions that can work together to deliver quality service of managed physical assets.

In this commentary, you will:

  • Learn about the benefits of Siemens Teamcenter Service Lifecycle Management software
  • Learn how to increase profitability servicing and maintaining your physical assets
  • Hear directly from customers who benefit from the use of Teamcenter SLM software
Teamcenter service lifecycle management software shown in screen shot.
A service BOM in Teamcenter Service Lifecycle Management.

Learn more

Catch the virtual Service Lifecycle Management seminars here.

Listen to the podcast: Importance of Service Lifecycle Management

Visit our website to explore possibilities around Service Lifecycle Management.

This is the final blog in a seven-part series where we discuss our integrated Service Lifecycle Management (SLM) capabilities and the potential benefits that can be realized. 

If you missed the previous parts, please find them here:

Shannon Kruse

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/service-lifecycle-management/2021/09/16/what-is-modern-service-lifecycle-management/