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  1. LTIMindtree is now LTM | It’s time to Outcreate
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From Ownership to Experience: How EaaS is Driving Innovation and Empowering Growth in Industrial Manufacturing

Feb 01, 2024

Authors

Lavina Malani
Lavina Malani
Principal , CX Advisory, LTM Consulting
Tushar Sehjpal
Tushar Sehjpal
Senior Specialist – CX Consulting, LTM

Drive Growth with Equipment-as-a-Service in Industrial Manufacturing

Equipment-as-a-Service (EaaS) is transforming industrial manufacturing by shifting from ownership to a service-driven model. With scalable pay-per-use options, manufacturers can reduce CAPEX, improve cash flow predictability, and drive sustainable growth. Studies show that companies embracing EaaS see services contribute up to 50% of their revenue, with annual growth of 5-10%. Powered by IoT and analytics, EaaS helps minimize downtime and optimize performance through outcome-based contracts.

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Case Study
calendar June 3, 2024
Modernize Your Workloads on Snowflake with PolarSled
David Althoff
Chief Business Officer, Insurance

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