Equipment as a Service: More than A Theoretical Model

The Equipment as a Service (EaaS) requires understanding and building the various components. During implementation, industrial companies need to address core elements of change, such as program enablement, financial structuring, asset management, technology, and risk solutions. The stakes are high. For that reason, a turnkey EaaS bundle becomes a stepping stone to driving long-term value and bringing theory into practice. Ultimately, managing potential challenges and adopting a unified EaaS approach across the organization leads to better chances for success.