New research from Siemens Financial Services (SFS) highlights the growing importance of machine retrofits, and how this can quickly become an important service for machine builders. For manufacturers, each week without modernised capabilities is a week of lost revenues. And the machine builders who responded to the survey reported that retrofit can represent between 5% and 30% of annual revenues. It can also form a key part of the manufacturer's sustainability efforts, so surely a win-win for everyone.
Issue No. 255 28th May 2025
Research reveals growing market for machine retrofit
New research from Siemens Financial Services (SFS) highlights the growing importance of machine retrofits, and how this can quickly become an important service for machine builders. For manufacturers, each week without modernised capabilities is a week of lost revenues. And the machine builders who responded to the survey reported that retrofit can represent between 5% and 30% of annual revenues. It can also form a key part of the manufacturer's sustainability efforts, so surely a win-win for everyone.
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