Asset lifecycle servitization offers construction firms a vital new revenue model as owners increasingly outsource whole-lifecycle maintenance via performance-based service contracts, countering diminishing project margins, pandemic disruptions, and sporadic income. This shift demands managing complex outcome-based agreements and accurate whole-life cost modeling. IFS software enables this transformation with integrated platforms that streamline performance contracts, optimize lifecycle costing, and deliver real-time asset insights—empowering firms to shift mindsets, capture lucrative service revenues, and achieve sustainable profitability through superior servitization execution.

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