Keeping coating systems updated poses a dilemma for many manufacturers. Newer technologies promise higher quality and throughput, but the high cost can strain already tight budgets. This “Catch-22” scenario can negatively impact competitiveness in dynamic industries.
Machine-as-a-Service (MaaS) offers an alternative solution through a flexible usage-based model. As a result, businesses gain access to cutting-edge automated spray coating systems without taking on massive long-term ownership risks.
Read on to learn how MaaS helps minimize the investment cost in automated spray coating systems.
WHAT IS MACHINE-AS-A-SERVICE?
MaaS provides an alternative to traditional equipment ownership models. Businesses can access cutting-edge machinery as an operational expense rather than a capital purchase. You pay a usage-based fee for flexible access without the long-term costs and financial obligations of ownership.
While the customer is responsible for routine care and cleaning, the MaaS provider monitors the use of the machine and schedules periodic maintenance. If there are any issues, the provider handles the repairs. MaaS allows access to cutting-edge systems in a scalable way. Customers can access the necessary technology without significant upfront investments or long-term commitments, allowing them to focus on their core business activities.
This alternative to traditional ownership allows businesses to adapt to changing technology and scalability needs.
MINIMIZING INVESTMENT COSTS WITH MAAS
Adopting a pay-per-use model for chain-on-edge coating systems can benefit businesses in several ways.
First, it allows companies to have high-quality machines without using CapEx funding. They can also classify their investments as tax-deductible operating expenses rather than large capital assets. This simplifies depreciation and frees up cash flow for reinvestment into growth initiatives.
Second, pay-per-use contracts typically have lower upfront costs than purchasing equipment outright. This makes it easier for businesses to invest in new technology without straining their budgets or taking out loans.
Third, charging based on usage of the unit offers flexibility in a rapidly changing market. If economic conditions change, customers can terminate their agreements without penalties, allowing them to adapt quickly to new circumstances.
Finally, a pay-per-use model can help businesses introduce new technologies that significantly improve their operations. Companies can try out new equipment without making a large upfront investment. This lowers the barrier to entry and allows businesses to stay competitive in a rapidly evolving industry.
HOW MAAS WORKS FOR CHAIN-ON-EDGE SYSTEMS
Chain-on-edge systems under MaaS require reliable internet access for remote monitoring and performance tracking. To ensure optimal performance, businesses need a quality internet connection, whether hardwired or cellular. Minimal on-site deployment efforts keep installation costs low and ensure quick returns on investment.
MaaS securely transmits machine data through protected IoT networks, ensuring transparency while guarding sensitive information. Real-time usage tracking enables predictable, usage-based payments and provides valuable data for optimizing performance.
Arnold Machine owns the equipment and oversees all maintenance tasks beyond the customer's basic responsibilities. For instance, customers take care of common daily maintenance items such as lubrication, air filters, and fluid filter cleaning.
Arnold Machine, however, handles the 3-6 month preventive maintenance checks to monitor and replace vital system components.
SHOULD YOU CONSIDER MAAS?
Many businesses find MaaS appealing over traditional equipment purchases because the model allows for a modest initial fee and scalability based on usage. Short-term projects or seasonal needs make this option attractive, as do the benefits of having more cash on hand.
With MaaS, there's no need to worry about unexpected repair expenses. Expert teams handle any maintenance beyond routine upkeep, freeing you to focus on your core activities. MaaS is also well-suited for companies aiming to improve operational efficiency and reduce waste.
One of the standout features of MaaS is the focus on risk management. Unlike traditional systems, MaaS does not rely solely on the customer's maintenance team to keep the system operational. For example, Arnold Machine employs proactive component failure detection to mitigate unexpected replacement parts and downtime costs.
Consider a small manufacturer struggling to keep up with larger competitors due to outdated coating systems. By partnering with Arnold Machine for MaaS, the company quickly adopts the latest technologies without a significant financial burden. This allows them to deliver higher-quality products and enhance their market position.
Similarly, a seasonal business can leverage the pay-per-use model during peak production months. During the off-season, they scale down without incurring penalties or maintenance headaches. These tangible scenarios demonstrate MaaS's practical benefits, providing financial flexibility and a competitive advantage.
GETTING STARTED WITH MAAS
In a market that rewards agility and innovation, MaaS offers a new pathway to success. This model turns the high costs and risks of owning advanced coating systems into manageable operational expenses.
With lower upfront costs, flexible contracts, and expert maintenance included, MaaS enables you to focus on what truly matters: improving your product and growing your business. Companies now have a viable alternative to traditional ownership, making cutting-edge technology accessible without breaking the bank.
By partnering with Arnold Machine for your MaaS needs, you don't just adapt to industry changes—you stay ahead of them. Click below to learn more about our Chain-On-Edge spray machines and the value they’ll add to your business.