Aquant's Latest Report Reveals Strategies for Service Efficiency
Aquant's Insights on Service Efficiency and AI Integration
Aquant, an innovative AI platform dedicated to enhancing service operations in complex machinery sectors, recently shared enlightening findings from its 2025 Field Service Benchmark Report. This comprehensive document sheds light on industry trends, emerging challenges, and valuable opportunities awaiting service organizations.
The Growing Service Expertise Gap
According to the report, the Service Expertise Gap™ continues to expand, driven by heightened customer expectations and the complexities of modern machinery. This gap illustrates the disparity between high-performing technicians and their less proficient counterparts. With the ongoing skilled labor crisis further compounding the issue, organizations are urged to adopt strategies that can effectively bridge this gap.
Adopting Advanced Strategies
The benchmark report examined the practices of nearly 160 service organizations, encompassing over 600,000 technician records and $9.5 billion in service expenditures. This analysis revealed that top organizations utilize strategic initiatives like the Shift Left Method, promoting remote and self-service options, to revolutionize service delivery. By leveraging AI tailored for specific service needs, these companies are redefining excellence in customer service.
CEO Assaf Melochna's Perspective
“With millions at stake for organizations that struggle to meet customer demands swiftly, it’s critical to embrace innovation,” said Assaf Melochna, the CEO and Co-founder of Aquant. He emphasized that challenges such as labor shortages threaten operational success, yet forward-thinking companies are rising to the occasion. Aquant’s report provides actionable strategies inspired by industry leaders to enhance performance and close the expertise gap.
Impact of Artificial Intelligence
Aquant’s report also highlights the importance of incorporating AI into service operations for closing the Service Experience Gap™ and nurturing customer relationships. The following key findings emerged:
- Service Experience Gap™:
- A staggering 14% of in-person service visits, known as truck rolls, are unnecessary—leading to wasted resources and fatigued technicians.
- A third of service inquiries can be resolved without technician intervention, indicating a strong potential for self-service solutions.
- AI implementation empowers leading organizations to achieve a remarkable 39% reduction in Resolution Time alongside a 21% increase in accuracy.
- A single failed first attempt often necessitates two additional visits, extending resolution times by an average of 14 days.
- Performance Metrics:
- Top-performing organizations report a notable First Time Fix Rate (FTFR) of 86%, while lesser performers lag at 53%.
- Average Resolution Time for high performers is three days—eight days faster than their lower-performing peers.
- Leaders experience a service visit interval of 131 days, compared to the laggards’ average of only 50 days.
- Cost Disparities:
- Top performers demonstrate an impressive Avoidable Dispatch Rate of just 3%, whereas bottom-tier companies exhibit 24%.
- The financial divide between high-performing and low-performing companies can amount to $1.8 million annually.
- Even a 1% improvement in resolving issues remotely can save organizations an astounding $1.1 million each year.
Strategies to Excel in the Service Industry
The benchmark report outlines essential tactics for organizations aiming to excel:
- Consistently track critical KPIs, such as Avoidable Dispatch Rates and First Time Fix Rates, to uncover and address performance deficiencies.
- Utilize AI to bridge knowledge gaps and continually upgrade technician skills, democratizing expertise throughout the workforce.
- Implement the Shift Left Method to identify and address issues earlier in the process, significantly reducing the necessity for on-site visits.
About Aquant
Aquant is committed to empowering service teams across industries, including manufacturing, medical devices, and industrial machinery. Its AI platform equips field technicians, service leaders, and contact center agents with expert recommendations tailored to specific situations. By leveraging a company’s service data and expert insights, Aquant ensures that the guidance provided is accurate and relevant. Their continuous learning capability enhances troubleshooting processes, facilitates proactive maintenance, and fosters effective training—benefiting all stakeholders in the service lifecycle.
Contact Information
If you have any inquiries or require further information about Aquant, please reach out to Benjamin Engel at ben@theabbiagency.com or call (615) 973-1768.
Frequently Asked Questions
What is the Service Expertise Gap™?
The Service Expertise Gap™ represents the widening disparity between highly skilled technicians and those with lesser skills within service organizations.
How does Aquant leverage AI to enhance service efficiency?
Aquant uses AI to analyze service data, offering organizations expert recommendations and driving faster resolutions and improved service metrics.
What are the key findings of the 2025 Field Service Benchmark Report?
Key findings reveal significant performance metrics disparities, cost differences, and the impact of AI on service resolution times and accuracy.
What challenges do service organizations face today?
Organizations face challenges such as rising customer expectations, a skilled labor shortage, and increasing machinery complexity, which complicate service delivery.
How can organizations access the full report?
Organizations can access the complete 2025 Field Service Benchmark Report by visiting Aquant’s official website at www.aquant.ai.
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