Selling process development services

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Journal Title
Journal ISSN
Volume Title
Kemian tekniikan korkeakoulu | Master's thesis
Date
2014-11-11
Department
Major/Subject
Process Systems Engineering
Mcode
K3004
Degree programme
Master's Programme in Chemical Technology
Language
en
Pages
122+34
Series
Abstract
Process development projects should meet with the customer expectations in order to be considered as an asset for technology companies and be turned this asset into sellable services. Customers are looking for affordable, but technologically superior process development services to be delivered in shorter lead time from technology companies. However, it is not an easy task to integrate all these features to the development projects when the tremendous effort, resources and capabilities required behind the project. Therefore, technology companies should assess their business environment, resources and capabilities they have, seek their incompetence and make decisions according to their incompetence to acquire resources, skills or capabilities internally or externally from their business environment to be able to execute such quality projects. This thesis aims to address the execution and delivery of successful process development services through strengthening the networking around technology companies in consideration of their business environment, resources and capabilities. The success behind process development services in this thesis refers to worth buying services which meet the customer expectations. In the literature review, process development projects and the work required behind are introduced with industrial reasons why production companies might need these projects. Thereafter, process development services as being an asset are addressed in terms of business environment, essential resources and key capabilities, and possible decisions to be able to execute projects and deliver the related services to the production companies. Finally, the value-adding activities to enhance the services regarding quality, time and cost saving aspects are discussed. In the own contribution, the thesis studies the networking potential of technology companies in order to achieve successful process development services. More than 150 process developers consisting of technology companies and service developers available in the Western Europe and Canada & USA are investigated to determine the business environment of a technology company. Two different studies are conducted to assess the service capabilities of technology companies and service developers, which are Competitor Analysis of Technology Companies and Service Availability Assessment of Service Providers. These two studies shed the light on gathering necessary information and determining the roles of service providers in order to be able to construct a networking around technology companies.
Description
Supervisor
Koskinen, Jukka
Thesis advisor
Purola, Veli-Matti
Koskinen, Matti
Keywords
process development, selling services, technology company, networking
Other note
Citation