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Archive of posts published in the category: trend
May
30

Manufacturers are starting to follow this trend

Manufacturers are starting to follow this trend and step back from the linear economy approach, where they sell the product once and are no longer responsible for it. In the PaaS business model ( enterprise resource planning system (PaaS) or Product-Service systems), consumers buy a service subscription together with the product. The new business model is the combination of product and repair/ replace/ upgrade service contracts, which stimulates the manufactures to continuously…