The digitalization of the machine- and panel-building sector not only helps to make production more efficient and flexible, but also opens up many new opportunities for generating additional revenues or reducing the costs of certain process steps. Pay-per-use models go one step further: Thanks to digitalization and the opportunities offered by Industry 4.0, this business model is becoming economically viable in industrial environments for the first time. Instead of selling their products, manufacturers are now providing infrastructures, systems or machines in return for a fee.
Learn more about how the new business model works and what are the advantages for manufacturers and users as well as interesting statements from Prof. Thomas Bauernhansl - Head of the Fraunhofer Institute for Manufacturing Engineering and Automation.