With the arrival of Industry 4.0, a new business model is emerging for how part manufacturers acquire machine tools: equipment as a service (Eaas). Graham Immerman, vice president of marketing for Northampton, Massachusetts-based MachineMetrics Inc., effectively covers this topic in his new 12-page ebook/white paper titled "Equipment-as-a-Service: A Brave New World for Machine Tool Builders." In an interview with CTE, he said, "Instead of buying a machine and fully financing it or paying cash, you can pay as you use it."
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2020-03-28
CTE source: https://ctemag.com/news/get-ready-equipment-service/
Legacy path: /get-ready-equipment-service