Digital business model Subscription instead of purchase: DMG Mori launches sub & all-in service
Germany — Machine engineering company DMG Mori, launches a new subscription model for machines: Payzr — Pay with Zero Risk — is the name of the new, digital business model.
Customers of DMG Mori can now subscribe to machines instead of purchasing them, accelerate innovation cycles and at the same time avoid high investment costs. With Payzr, the company offers a sub & all-in model that involves no investment risk, no down payment — but full financial flexibility, cost and price transparency and thereby highest planning security. The service is available for both Equipment-as-a-Service and Software-as-a-Service.
New, digital business models expand the traditional machine and service business by networked, scalable platform-based solutions. DMG Mori is therefore increasingly investing in end-to-end processes that can be made available to users quickly, scalable and inexpensively. Payzr represents — in addition to purchasing, financing or leasing — the digital and flexible alternative as a subscription model.
With Payzr, customers only pay for what they use — with Equipment-as-a-Service in the form of a monthly basic fee and usage-based fee per spindle hour. DMG Mori thus facilitates the transition. This is particularly attractive for start-ups and smaller companies, the company states.
Access to Payzr is possible via several digital channels, such as th e DMG Mori website or the “my DMG Mori” customer portal, where single sign-on takes users directly to the new “DMG Mori Store powered by Adamos”. In the digital point-of-sale for all Payzr offers, there are four products at the start: the 3-axis milling machine M1 as Equipment-as-a-Service as well as the Software-as-a-Service solutions from Istos, Tulip and Werkbliq. As “Netflix for Manufacturing”, the company plans to continuously expand the offer in the coming months and years.