Accelerating Valuation Through AI-Enabled New Product Strategy for a Manufacturing AI and Data Platform

A private equity-backed manufacturing and industrial services company with deep customer relationships and a legacy of engineering excellence set out a bold ambition to triple its enterprise valuation within two years. With clear focus to growth, they turned to NextGen Invent to develop a transformative new product strategy that would define a new AI-powered product vision, differentiate the company in a crowded market, helps in data monetization and unlock new revenue opportunities from existing clients.

We responded with a comprehensive strategy grounded in competitive intelligence, positioning frameworks, and AI-powered value creation.

The client, a leading U.S.-based manufacturing and industrial services provider, offers tooling, automation, and technology solutions to Fortune 500 manufacturers. Backed by a prominent private equity firm, their mission is to move from a traditional services-led model to an AI-enabled solutions provider. They envisioned launching AI-centric products that proactively solve manufacturing inefficiencies and unlock greater compliance, visibility, and operational performance for their customers.

3X Increased Revenue
100% Clearer Roadmap Aligned with Investors

Industry

Manufacturing, Supply Chain

Business Problem

  • Unclear Product Vision in a Competitive Market: The client needed a clearly defined digital product roadmap aligned with investor expectations and market trends. With limited in-house expertise in AI and platform strategy, they needed external help to define which products or services would differentiate them in the industrial technology space.
  • Absence of Predictive Analytics and Root-Cause Intelligence: With no predictive modeling or embedded analytics, customers were unable to foresee compliance risks, detect usage anomalies, or perform early intervention. This reactive approach reduced reliability, increased risk exposure, and hindered operational optimization efforts across manufacturing environments.
  • Lacking Data Insights: The lack of data insights impacted critical decision-making, affecting the maintenance and improvement of OEE and the achievement of the manufacturing plant’s daily, weekly, and monthly goals. This hindered proactive equipment maintenance, increased downtime, and reduced overall operational efficiency on the manufacturing floor.
  • Flat Revenue Growth from Existing Clients: The client had strong customer relationships but needed new avenues to increase their share of the wallet. Without digital products that added new value, many opportunities to deepen engagement and grow revenues were left on the table.
  • Lack of Differentiation Amid Competition Ecosystem: As competitors began adopting AI and data-driven offerings, the client sees an opportunity to provide this ecosystem with a data platform to bring more AI value to manufacturing companies under one unified platform.

Solution Approach

  • Customer & Product Fit Strategy: We evaluated customer segments, AI use cases, and unmet needs to define positioning of new AI and data platform and select customer segment in the market place that differentiated AI and Data platform in a unique way to address recurring operational pain points such as compliance tracking, warranty, equipment wear, and failure prediction.
  • Category & Competitor Analysis: Using the NextGen Invent strategy framework, we created a strategy map that categorized industry products, revealed white spaces, and aligned the client’s offerings with high-growth, investor-preferred categories along with categories in which partnerships will be more beneficial.
  • Feature Analysis: We analyzed over 600+ features provided by 60+ competitors. This allowed us to define a compelling and differentiated feature set tailored to selected customer segment needs.
  • Defined Technology Roadmap & MVP: A phased roadmap was developed, prioritizing key modules and AI capabilities for the MVP. We identified a scalable architecture, core tech stack, and a build-vs-partner strategy that minimized time-to-market while maximizing innovation.
  • Resource & Implementation Plan: To ensure execution success, we created a detailed resource plan, estimates, and product development blueprint, from architecture design to MVP rollout and scaling.

Value Delivered

Through a clear data and AI product strategy, we delivered a transformative blueprint for the client’s digital pivot, repositioning them as a smart industrial platform company. The strategy provided a roadmap aligned with investor expectations, enabling faster, more focused execution, and stronger market alignment. By introducing AI-enabled offerings, the company unlocked new, scalable recurring revenue streams. The differentiated, data-driven value proposition significantly strengthened their market positioning and created a defensible competitive edge.

As a result, the company is now on track to exceed PE’s valuation goal before time. In the client’s words, “I sit in many board meetings where we have hired multiple strategy consulting companies such as McKinsey. However, this is the most comprehensive and focused data-driven platform strategy I have ever seen”.

The board also unanimously approved the funds to develop the AI and data platform as well.

Our Case Study

Stay In the Know

Get Latest updates and industry insights every month