The everything-is-a-service model may be coming to the factory floor. GE Digital has become a big believer in the Rolls-Royce concept of charging the jet engine customer by the flight-hour rather than selling the jet engine. Rolls-Royce introduced the concept 50 years ago, but now it may be gaining traction, even on the plant floor. GE wants to provide the factory as a service.

GE sees the service model as a way into the smaller manufacturer market. “This is similar to our model of selling air-time and not aircrafts. The small- to medium-size manufacturing enterprise is a potential market we can help,” Vic Kingery, a leader of manufacturing solutions at GE Digital, told Design News. “We can make automation easier to do and less expensive.”

Read further at Design News, 4/4/16

Factory of the Future Belongs to the Automation Vendor