New pay-per-use equipment business model could end capex for oil, gas producers

Value propositions for predictive maintenance: longer asset up-time, lower maintenance costs, higher productivity, improvements in operational cost/efficiency Technology advances are powering a new generation of “predictive maintenance solutions” that could lead upstream oil and gas equipment suppliers to pay-per-use business models that change the way producers think of capital expenditures, according to a new study. Lux Research has released a report […]

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