A product service system design for energy provision

Research output: Contribution to journalArticle

Abstract

Today's market moves from product sale to service sale in many areas. This is often a win-win situation for both companies and their customers. Companies may increase their profit by increasing the efficiency of their products, whereas the customers do not deal with the operational hassles, such as maintenance or repair of the assets. The service base approach affects not only the provider and the customers but also other players within the chain like manufacturers of devices that use the utilities. Thus, the shift from product-based utility provision to a service-based one has the potential to create a greater impact on reaching sustainable and eco-friendly solutions. This paper suggests and discusses a new idea of result-oriented service-based utility provision with its opportunities and challenges. This suggested approach offers a radical shift in the responsibility of implementing relevant energy efficiency measures of assets from end users to the providers.

Original languageEnglish
Pages (from-to)244-266
Number of pages23
JournalInternational Journal of Management and Enterprise Development
Volume17
Issue number3
DOIs
Publication statusPublished - Jan 1 2018

Keywords

  • Eco-friendly business solutions
  • Energy utility provision
  • PSS

ASJC Scopus subject areas

  • Business and International Management
  • Management Science and Operations Research

Fingerprint Dive into the research topics of 'A product service system design for energy provision'. Together they form a unique fingerprint.

  • Cite this