Product-as-a-Service: A Key Component for Achieving a Circular Economy

Product-as-a-Service and the Circular Economy

Product-as-a-Service (PaaS) represents a transformative business model that shifts focus from product ownership to fulfilling customer needs through servitization. It combines physical products and services, paving the way for closer customer relationships, extended company responsibility throughout the product lifecycle, and fostered sustainability through more efficient use of material and energy. This model, aligning closely with the circular … Read more