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Comparison of Research Based vs. Industry Developed PSS Models

  • Linda Ryan
  • David Tormey
  • Perry Share
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 82)

Abstract

Product Service Systems (PSS) based competitive strategy uses deep product, process and customer knowledge to reduce the total cost of a product. It allows companies to move up the value chain and focus on delivering knowledge intensive products and services and provide highly customizable product/ service bundles. However, due to the inherent differences between products and services, many companies fail to integrate the two effectively and do not successfully exploit the financial potential of an extended service business model. This paper discusses two research based PSS models and two PSS models developed through industrial application and feedback. Similarities and differences will be explored and discussed in order to gain a further understanding of PSS design approaches.

Keywords

PSS product service innovation 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  • Linda Ryan
    • 1
  • David Tormey
    • 1
  • Perry Share
    • 2
  1. 1.Centre for Design Innovaiton, Innovation Centre, BallinodeSligoIreland
  2. 2.Department of HumanitiesIT Sligo, BallinodeSligoIreland

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