Consumers, Manufacturers and Businesses in the Circular Economy
Consumers increasingly prefer
usership to ownership by utilizing pay-per-use and other on-demand services, as
scalable and resilient value-driven outcomes such as pay-per-mile become
available.
The Traditional make, use and dispose economy is supplanted by a circular one in
which resources have a longer useful life, with product and materials recovery
at the end of lifecycle. End to end providers will be replaced by multiple product
and service offerors with unique expertise in the provision of customer-centric
rather than asset-centric services.
Small
Businesses,
especially those with clients located in rural and smaller urban communities,
can increase their capabilities with environmentally viable offerings by
entering into collaborations and partnerships in a multi-sector ecosystem as new companies enter the marketplace to target these opportunities via
data democratization and new organizational models.
Reduce Transit Times and Travel Costs with Pay-per-Use
Communities that rely on connections and collaborations within
and among regions will have access to technologies
to transition from a sale to a service culture that features pay-per-use and pay-by-outcome models such as pay-per-mile and
power-by-the-hour,
creating locally owned enterprises and achieving economies of scale pricing in
areas ranging from travel service and destination management, to local and
intercity mobility programs connecting large cities with micropolitan areas,
and innovative energy savings, water
conservation and building automation systems
solutions for buildings typically found on main street and in historic
districts.
Technology tasks include data sources
integration, micro payments, flexible billing and cost-effective self-service
customer and partner interfaces.
Linking Manufacturing and Services
Circular and Shared Economies create new value as pay per use models and outcome payments change
the points of reference of projects and transactions as manufacturers repair
and upgrade their products with modular designs; asset management and optimum maintenance
become major capabilities. Equipment re-use, remanufacturing and redeployment
as well as asset harvesting allow manufacturers to offer life cycle management
services.
a collaborative system that
delivers seamless customer experiences
