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There is one further advantage to the shift to services.
The shift to services has generated some hefty deals.
To get a fix on the shift to services, think of the presents you are giving this Christmas.
There is wide agreement that the shift to services will require partnerships, like GM's deal with Lyft.
The hub of innovation would shift to services and software, often delivered over the Internet from data centers, connecting to all kinds of devices, including PCs.
While boosting profits, this shift to services would also leave individual users, the former darlings of the tech industry, without anyone to subsidise their incurable cat fetish.
Similar(51)
Mr Orban has eschewed recommendations to shift to service industries, calling that approach "misguided".
Next's high-street stores had a dismal time and the group's profitability is being gradually squeezed by the shift to servicing online shoppers.
Together the farm crises, factory closings, corporate downsizing, shift to service sector employment and the substitution of major regional and national chains for local, main-street businesses have triggered profound change in these areas.
A shift to service mode operations (those carried out by observatory staff on behalf of astronomers who do not travel to the telescope) has been considered and rejected on scientific and operational grounds.
IBM has shifted to services, trailed by Japan's Fujitsu, while Philips and Siemens both sold their IT businesses to focus on other areas.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com