Product-as-a-Service (PaaS) represents a transformative business model that shifts focus from product ownership to fulfilling customer needs through servitization. It combines
On this blog we’ve dedicated multiple articles explaining why Product-as-a-Service (PaaS) is an important piece of the circular puzzle. From
Full disclosure: Authors Yana Mechielsen and Robin Angelé both work at Commown “The cooperative for sustainable electronics”. The electronics industry
People no longer want to own things – including furniture. Furniture as a Service offers an alternative.
Product-as-a-Service (PaaS) can provide users a flexible and convenient way to use products and provide producers and retail outfits a
For a long time, profit maximization has remained the ethos of the automotive industry. The factory mindset of ‘the more
The PaaS industry and the circular economy are being driven by millennials. They have been restructuring and disrupting long established industries to mold them into their unique lifestyle.
The shift from a linear to a circular economy is not a just a passing trend but a necessity. For many decades, we have been living a linear lifestyle, wherein raw materials are used to create a product, and after its use, waste such as broken appliances or packaging are disposed of. Most of our waste end up in landfills or in the ocean, causing pollution and irreparable damage to the planet and to ourselves.
Companies like Tesla offer solar power as a service via a subscription scheme. Renting without long-term contracts make environment-friendly energy more accessible to average homeowners.
Software as a Service (SaaS) is a cloud-based software application that users access via the internet. It is cloud-based and users no longer have to purchase expensive software nor download them to their desktop, laptop, or computer network after a costly one-time purchase. The software application could be anything from a gaming software to a business application.