Definition
An industrial product-service system (IPS2) is characterized by the integrated and mutually determined planning, development, provision, and use of products and services including immanent software. IPS2 are offered in business-to-business markets; they address industrial applications only. An IPS2 represents a knowledge-intensive socio-technical system (Meier et al. 2010).
An IPS2 is a customized solution, which comprises products, services, and immanent software in an integrated manner in order to deliver a particular value instead of a pure functionality to industrial customers. Hence, an IPS2 aims at replacing product-focused business strategies by use-oriented strategies. Consequently, all physical and nonphysical components of IPS2need to be planned, developed, and operated together, considering all...
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Meier, H., Lagemann, H. (2014). Industrial Product-Service System. In: The International Academy for Produ, ., Laperrière, L., Reinhart, G. (eds) CIRP Encyclopedia of Production Engineering. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35950-7_14-5
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DOI: https://doi.org/10.1007/978-3-642-35950-7_14-5
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