Service lifecycle management generates revenue by maintaining the structure, design, and data of a physical asset

When product lifecycle management (PLM) and service lifecycle management (SLM) are combined, the planning, design, manufacture, and operation of a complex physical asset is managed at all stages of its lifecycle. Following a single source of information improves service readiness and initiative, boosts brand loyalty, makes operations more efficient, and increases aftermarket income potential for any service or serviceable commodity.

The digital twin and Internet of Things (IoT) provide the needed data for improved service planning capabilities

Teamcenter SLM creates an actionable digital twin by connecting a digital thread of service-related data from design to production to execution. This data-driven digital twin provides stakeholders with complete visibility into part movement, usage, inconsistencies, and failures while adhering to the design objective. IoT collects service data by tracking asset performance patterns in order to improve service planning. Teamcenter SLM can provide a significant competitive advantage to any manufacturer.

Read the fact sheet to find out more about Siemens Teamcenter SLM.

What Teamcenter service lifecycle management (SLM) is and what it can do for your organization

When used in conjunction with other solutions as a component of a product lifecycle management (PLM) system, service lifecycle management (SLM) provides numerous features and benefits, including:

• Reduced device downtime and maintenance expenses
• Enriched service and first-time repair performance with full transparency of physical asset configurations
• Increased potential for aftermarket service revenue
• Sustained conformity with long-term assets
• Closed-loop serviceability that includes EBOM and SBOM synchronization