KBS - Equipment-as-a-Service - Market Insight
SUSTAINABILITY There has been ongoing emphasis on the integration of technology and a focus on sustainability in EaaS offerings. Rental firms are deploying IoT/telematics for smarter asset usage and predictive maintenance, and offering electric or low-carbon equipment to meet environmental goals. This shift is opening new opportunities and helping EaaS providers stay at the forefront of market needs, such as zero-emission construction sites in the UK. RECURRING REVENUE MODELS EaaS companies offer subscription-like pricing or usage-based charges. Customers benefit by converting a large capital expenditure into a more flexible operational cost, often bundled with maintenance and support. Firms are seeking greater flexibility and cost control and therefore are turning to EaaS. Moreover, recurring revenue models are attractive not only to customers but also to investors.
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