Last week we tried to give a short introduction why equipment operators should consider paying for usage instead of purchasing equipment. But there are a lot of advantages also for Original Equipment Manufacturers (OEMs) who offer a service based business model. These benefits combine both a new way to generate revenue and a front row […]
Can Equipment-as-a-Service (EaaS) and industrial Pay-per-use (PPU) business models help to restart the economy after the COVID-19 shock?
The business model of selling Equipment-as-a-Service (EaaS) has been around for a while: Rolls-Royce introduced its Power by the Hour program, pricing their Viper aircraft engines based on ﬂight hours, back in 1962. More recently, the rapid rise of sensors and the advent of machines and devices connected to the Internet of Things has made it […]