How MaaS Is Revolutionizing Manufacturing
- Tom Carmichael, Jr.
Consider this conundrum: You’re a manufacturer of widgets, and you need to create a new type of widget to serve your customers. If you create a model for the new widget using traditional manufacturing methods, it will derail your current production schedule and involve time-consuming setup and teardown. If you choose to use 3D technology to create the model, you have to buy an expensive 3D printer, hire tech-savvy employees to run it, and when you’re done creating the new widget, the printer will sit in the corner collecting dust and depreciating in value until you need to create another model. What do you do?
For an increasing number of companies, the answer is “neither.” A new type of business, called MaaS (short for “manufacturing as a service“), gives company leaders another option for optimizing their production and innovation.
MaaS is facet of a business trend called XaaS, which stands for “anything as a service.” The term XaaS was coined to recognize how advances in technology have allowed businesses to expand what they are able to provide as services to their clients. MaaS companies have revolutionized the manufacturing industry by allowing businesses to take advantage of specialized products and services that save them time and money.
In our widget example, the manufacturer would reach out to a MaaS provider that specializes in 3D technology and outsource the new widget project to it. The MaaS company would create the model for the new widget at market cost while also preventing the widget company from spending extra time and resources on the project. Since the 3D company specializes in this type of work, it can have its machines running regularly and efficiently, keep up on their maintenance, and stay up to date on the latest in 3D technology.
MaaS companies offer a range of solutions for manufacturing clients. In addition to the 3D technology in the widget example, other types of MaaS include:
Your company can seek out MaaS providers, become a provider itself, or do both. Ask yourself these four questions to help guide you through the new MaaS landscape:
CRI’s professionals can help you work through these questions and determine how your organization can benefit from MaaS. Contact us today!
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