Service contracts are an important part of the industrial revenue stream. After all, you can only sell a big hunk of metal once. But you can sell the servicing of said hunk of metal year in and year out until it’s time to upgrade to a new model.
Service contracts are an important part of the industrial revenue stream. After all, you can only sell a big hunk of metal once. But you can sell the servicing of said hunk of metal year in and year out until it’s time to upgrade to a new model.