Archives: Definitions

Servitization is a new business model that let manufacturers offer their product as a service instead of selling products directly to consumers. Rolls-Royce, Spotify, and

Planned obsolescence is a strategy in economics and industrial design that guarantees a product’s usefulness is limited to a fixed period of time by designing

Cradle to Cradle (C2C) is a sustainable design philosophy that models its business practices after the regenerative cycle found in nature. It applies the circular

Software as a Service or SaaS, is a software licensing and delivery model wherein a provider makes software available to customers over the Internet through

Sustainability is a current global concern. In today’s economy, the challenge lies in dealing with this concern with a new strategy to stimulate change in

What is Mobility as a Service? It will not come as a surprise that the abundance of cars on the road today is the culprit

Our planet’s emerging resource problem is in need of a sustainable, practical, and long-lasting solution. Reserves of key resources are diminishing and the presence of

Today’s complex human challenges to come up with sustainable solutions for a healthy natural environment demands an innovative approach. In a circular economy, the aim