May 2, 2024
BOOM Services: Let’s explore new possibilities this new year, together.
India has been recognized for its bold vision, industrious spirit and well-defined plans that shape, not just the coming years but decades, and not just a few cities but the world. As a country that is known to produce some of the greatest minds and spread an optimistic mindset, it is not surprising that the new year looks exciting and encouraging.
2024 is a promising first step into a new world where businesses and enterprises have reimagined the future powered by smart agility and advanced ability. This is the reason why India is looked up to, and also recognized as one of the foremost emerging market and developing economies (EMDC).
BOOM Services by Atlas Copco Specialty Rental plans to contribute and lead the way when it comes to bring a mindshift, and help businesses not just work smarter, but also aim higher and achieve bigger. The subscription business model becomes more established in the manufacturing industry, as a range of different forms of this business model are evolving. Starting from the mere adoption of the profit mechanism of a recurring payment of the same product, as is known from the traditional subscription mechanism, to those which address individual customer needs with a unique value proposition. Latter ones have a disruptive character in the manufacturing industry that exploits the technological and economic potential of this. That’s why we strongly believe we have designed the right solution to counter a dynamic and volatile market.
Being a non-ownership business model like pay-per-outcome (PPX), where ownership of the product is not transferred to the customer but customer has full right to use the product. Customers require BOOM Services when products are capital intensive, where complex engineering is involved, and needs regular service interventions (requires considerable efforts to maintain and operate), or the product life cycle is long.
The reason is simple: flexibility.
We invite Mukesh Sharma, Country Manager, Specialty Rental, to share ideas and insights that makes BOOM Services the perfect solution amidst instability and unpredictability.
“To quickly recap one point from our previous newsletter, we know the mega-trend of global warming guides international markets and puts the landscape through different periodical shifts. Factories, though growing, yet haven’t reached the optimum productivity utilization of the production capacity. This especially remains true for companies that are new, or are looking to emerge and move beyond their core markets. And BOOM Services is designed to exactly cater to such dynamic requirements, be it from a scale or seasons perspective.”
A shift towards sustainability and circular economy creates need for access to advance technology whereas uncertainty in market is leaving no choice for business owners but to reduce upfront cost and focus on scalability. This is largely because fast growing industry is no guarantee to profitability, especially in the long term.
Future attractiveness depends on potential to remain competitive by offering advance and energy efficient solutions. A shift towards sustainability and circular economy is the mega trend, which is creating need for access to advance technology whereas uncertainty in market is forcing industry to reduce upfront cost and focus on scalability.
Here are more reasons why renting with BOOM Services is way more beneficial than purchasing equipment.
What is the biggest advantage of BOOM Services?
We help you scale. The size of your product delivery and commitment decides the scale of your equipment need, and not the other way around. So you scale up or down effortlessly with BOOM Services, easily adapting to demands without worrying about a large, one-time investment in your machines.
How does BOOM Services offer peace of mind in a volatile market scenario?
Atlas Copco is world-renowned for offering machine reliability and best-in-class expertise and service for decades. So it is our prerogative to offer comprehensive maintenance and support, allowing our customers to focus on the core business objectives, and giving them complete peace of mind.
Why should BOOM Services be a preferred option?
We offer agility, financial freedom, as well as complete control to our clients. This helps them decide and define their future course, and empower them with knowledge to take decisions that impact their business in a positive way. We have also extensively worked on creating subscription plans that to assist small and medium-sized businesses and owners looking to diversify, helping them realize their business goals.
BOOM Services by Atlas Copco Specialty Rental is looking forward to being your trustworthy partner in success, help you build your enterprise through a bold vision of tomorrow, extensive and elaborate planning, and expertise based on a wealth of knowledge across industries, and around the world.