Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies

Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, School of Engineering, System Design and Management Program, Engineering and Management Program, 2016.

Bibliographic Details
Main Author: Oni, Oluwasoga (Oluwasoga Temitope)
Other Authors: Joost Bonsen.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2017
Subjects:
Online Access:http://hdl.handle.net/1721.1/106260
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author Oni, Oluwasoga (Oluwasoga Temitope)
author2 Joost Bonsen.
author_facet Joost Bonsen.
Oni, Oluwasoga (Oluwasoga Temitope)
author_sort Oni, Oluwasoga (Oluwasoga Temitope)
collection MIT
description Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, School of Engineering, System Design and Management Program, Engineering and Management Program, 2016.
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spelling mit-1721.1/1062602022-01-12T19:24:02Z Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies Oni, Oluwasoga (Oluwasoga Temitope) Joost Bonsen. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering and Management Program System Design and Management Program. Massachusetts Institute of Technology. Engineering Systems Division. System Design and Management Program Engineering and Management Program. System Design and Management Program. Engineering Systems Division. Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, School of Engineering, System Design and Management Program, Engineering and Management Program, 2016. Cataloged from PDF version of thesis. Includes bibliographical references (pages 57-58). Capital equipment is a critical component of almost every industry and is used to create valuable goods and services for the end customers. However, the initial cost of acquisition and subsequent running costs associated with these equipment pose a significant barrier to young businesses. While servitizing capital equipment is a proven method of increasing access to these machineries in many high-income countries (HICs), the benefits of servitization often do not extend to low- and middle-income countries (LMICs). In this thesis, I examine the capital equipment ecosystems of both HICs and LMICs, with a focus on the stakeholders involved. I also explore both the challenges facing equipment businesses when operating in LMICs and the innovative solutions being implemented by successful LMIC service businesses. Based on these examples, I offer recommendations for budding service-based equipment business that are working to improve affordable access to capital equipment in resource-constrained settings. by Oluwasoga Oni. S.M. in Engineering and Management 2017-01-06T16:14:16Z 2017-01-06T16:14:16Z 2016 2016 Thesis http://hdl.handle.net/1721.1/106260 962183523 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 58 pages application/pdf Massachusetts Institute of Technology
spellingShingle Engineering and Management Program.
System Design and Management Program.
Engineering Systems Division.
Oni, Oluwasoga (Oluwasoga Temitope)
Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title_full Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title_fullStr Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title_full_unstemmed Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title_short Capital equipment as a service : emerging models for equipment businesses in low and middle-income economies
title_sort capital equipment as a service emerging models for equipment businesses in low and middle income economies
topic Engineering and Management Program.
System Design and Management Program.
Engineering Systems Division.
url http://hdl.handle.net/1721.1/106260
work_keys_str_mv AT onioluwasogaoluwasogatemitope capitalequipmentasaserviceemergingmodelsforequipmentbusinessesinlowandmiddleincomeeconomies