1 definition by Afshin Doust @ AIS
MaaS or Machine As A Service is a new methodology to market machinery to users. Rather than selling the equipment, the equipment is given to the end-user with no initial capital expenditure. The client only pays for the work performed by the machine.
Example; Hey Billy Joe, they just delivered my butter making centrifuge. It normally costs $500,000 but I got it on a MaaS model and pay $1.90 for every pound of butter I produce with it. Wow.... I am amazed.
by Afshin Doust @ AIS October 12, 2019