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The PaaS model offers a viable alternative to this approach. Instead of allocating money into ownership, manufacturers pay only for what they use. This shift from capital expenditures( CapEx) to operational expenditures( OpEx) transforms fixed costs into variable ones and lets companies redirect capital toward innovation, workforce development or market expansion. As a result, organizations experience several key benefits:
■ Significant reduction in total cost of ownership
■ Greater agility for manufacturers, allowing them to scale up or down
without long-term commitments
■ Improved sustainability through higher asset utilization, resulting in fewer resources wasted on unused equipment
Where PaaS delivers the most value
It’ s important to recognize that not every asset is a fit for PaaS. The key is to identify categories where this service model delivers the most value, often those with high maintenance needs or variable demand. Ideal candidates include:
■ High-maintenance assets, meaning equipment that requires frequent servicing, can be managed more
efficiently by a provider with specialized expertise
■ Seasonal or cyclical products, consisting of assets with fluctuating usage patterns, are well-suited to pay-as-you-go models For example, managing industrial batteries
as a service allows for the optimization of charging cycles and lifespan, ensuring reliable
performance and minimizing the risk of premature failure. Similarly, pallet pooling services like CHEP enable companies to minimize warehouse space requirements, streamline logistics and simplify the handling of damaged or surplus assets( challenges that can otherwise lead to accumulation). This share, repair and reuse model also generates environmental savings by eliminating waste and reducing inefficiencies.
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