May 2, 2024
BOOM Services: The right decision for your long-term vision.
India is known for its brilliant planning for the long run. Be it education, finance or even healthcare, Indians are well-versed with and well-aware of the benefits of long-term planning, keeping them prepared for the future, well in advance. No wonder it is recognized as one of the foremost emerging market and developing economies (EMDC) with a significant GDP growth, expected to touch 7% by FY2023. The country’s steady growth in a number of sectors, including information technology, construction, e-commerce and entertainment, has played a key role here.
Atlas Copco Group is an enterprise synonymous with the spirit of change and has been a part of India’s growth story since 1960s. We recognized the potential of the country early on and wanted to be a part of their success journey. So somewhere, we connect well with the vision of the country on planning for the long term.
Building on this insight, Atlas Copco Specialty Rental, a division within the Group, brings a new strategic focus towards the larger business landscape. We now present BOOM Services - a brilliant new-age solution offering long-term rental solutions designed to handle the VUCA market with flexibility and efficiency.
With BOOM Services, our approach is to address the common as well as the uncommon challenges, leading our clients to reap long-term benefits instead of short-term gains. We have recognized key touchpoints of a successful business journey and have designed this as a solution to protect businesses from market volatility and help them scale up or down as per the market shifts. These mapped touchpoints include agile operations, scalability, seasonality, predictability and other important milestones. We also want to highlight how usership, and not necessarily ownership, is a smarter decision given today’s unpredictable world, where demands slip or spike any time.
The subscription plans for BOOM Services long-term rentals are designed to encourage small and medium-sized businesses and new entrants to be bold in their vision and realize their plans. This is achieved as we offer freedom from financial burden of one-time huge investment and down payment of equipment, safety from market volatility – rising and falling demands, freedom from surprise maintenance costs, long breakdowns and so much more.
We work closely with all our clients in helping them see the numerous possibilities – be it scaling or diversification of business and even expansion of presence through our customizable plans, innovative product strategy, smart and service solutions to name a few.
We want to enable a transformation in the business sector and help clients see the numerous opportunities rather than challenges that tie them down. BOOM Services is a prime example of this shift, where our partners are quickly coming on-board of this new subscription service model, seeing the numerous benefits they get, bringing more business agility and peace of mind.
Let’s hear it from Mr. Mukesh Sharma, why BOOM Services is exactly what you need in a volatile business environment.
India is on a winning streak across a number of domains, be it technology, construction or healthcare to name a few. What truly sets the country apart, is the fact that everyone knows how to foresee the various challenges, and devise varied plans accordingly. BOOM fits into this way of life, as it is expertly designed to offer scalability, freedom from financial bindings, a better focus on profits and growth with huge risk integration. One important mindshift in this direction is – rental or pay-per-outcome business model. Because in the face of uncertainty, agility is your friend.
Can you tell us more about this Unique Service Model?
India is on a winning streak across a number of domains, be it technology, construction or healthcare to name a few. What truly sets the country apart, is the fact that everyone knows how to foresee the various challenges, and devise varied plans accordingly. BOOM fits into this way of life, as it is expertly designed to offer scalability, freedom from financial bindings, a better focus on profits and growth with huge risk integration. One important mindshift in this direction is – rental or pay-per-outcome business model. Because in the face of uncertainty, agility is your friend.
Why is BOOM Services a valuable partner for success?
Renting from Atlas Copco Specialty Rental is taking a holistic approach - where our customers benefit from expert services, top-of-the-line machines, industry-led experience, technological guidance in terms of machine selection and complete maintenance. BOOM Services also has one solid advantage. When it comes to unpredictable downtime, our customers benefit from our backup fleet as we have a number of equipments and a huge inventory of spare parts which others might not have to mitigate the risk to a very great extent.
Who is at an advantage for our expertise?
Irrespective of the industry, if there are any markets that are heavily affected by changing seasons, or new entrants – those not established yet, or anyone who is actively focusing on diversifying their offerings in terms of products or regions, BOOM Services can work closely to assist and ensure a smooth transition, operations and output. Our expertise is to design products, solutions and services around market agility, and to help our clients keep a tap on the OpEx.
What kind of trends and technologies are in focus?
Earlier, in engineering, the designs would be used for at least a couple of decades. But now, with the rapid development of innovation and industrial design, this timeframe has reduced to 2 years. So, while we do see new innovations every couple of years, and the older machines emit more carbon, affecting the environment adversely. Atlas Copco Specialty Rental steps in here and takes charge of the dynamic scaling of the innovation cycle. Now where does this lead the asset owner who will invest into these industrial or construction offroad compressors, what will happen to compressor which might become obsolete tomorrow? With BOOM Services, we will build, we own, we operate, and we maintain, offering air and nitrogen and in the coming quarter - steam.
To help our clients continue focusing on business, and to enable their success journey smoothly, BOOM Services is here to offer a number of varied solutions, across industries, that creates a long-term value with our long-term rental offerings.