NEWS
PARTNERSHIP
Paradigmix and Zuora: Strategic Alliance to Revolutionize the Service Economy
Milan, November 29, 2024
Paradigmix Srl ( www.paradigmix.it ), a consulting firm that uses a patented Risk and Performance solution to define and manage risks arising from contract dynamics in EaaS (Equipment as a Service) agreements between Industrial Machinery Manufacturers (OEMs) and End-User Manufacturing Customers, today announces a strategic partnership with Zuora Inc. (www.zuora.com), Global Leader in the Subscription Economy.
This revolutionary collaboration aims to develop the innovative EaaS model, creating sustainable growth opportunities for European manufacturers of connected industrial machinery and equipment.
The Partnership (https://www.zuora.com/?partner=paradigmix) represents a paradigm shift in industrial business models, transforming connected machinery and equipment into Performance-Oriented Services that support long-term success for manufacturing companies.
By combining Zuora Inc.'s monetization platform with Paradigmix's innovative EaaS approach—based on a patented Risk and Performance Management model—European machinery manufacturers can now:
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To enables the creation of valuable credits for service contract bankability for European machinery and equipment manufacturers with Banks and Financial Institutions
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Transform and implement their business models with **end-to-end** revenue lifecycle management
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Access new revenue streams
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Develop scalable, self-financing solutions
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Offer innovative coverage with parametric insurance policies in proposed services
The collaboration marks the dawn of a new era in industrial service delivery, where machinery and plants transcend traditional sales models to become dynamic, performance-driven services with recurring revenue streams.
Welcome to the Era of Risk-Based Monetization!
REVO Insurance launches a strategic partnership with Paradigmix and accelerates the parametric
Verona, October 16 2024
REVO Insurance, the first Italian operator specialising in parametric policies and specialty lines for SMEs and professionals, continues along the growth trajectory in the parametric area with the signing of an important partnership with Paradigmix, a management consulting company specialising in Risk and Performance Management in the field of Digital Servitisation. Their patented solution analyses and optimises service contracts. With this agreement, REVO seeks to expand its scope of action by completing its partner's offer with a parametric solution that enhances it and sets it apart.
Specifically, REVO cover will complement the package of services that Paradigmix provides under its servitisation
contracts with third parties in the industrial manufacturing and medical device sectors. Essentially, in addition to
management services for the various items of equipment provided, such as presses in the case of manufacturing, or
diagnostic tools in healthcare facilities, Paradigmix will act as an ‘oracle’. In the event of a production line failure, the
company will certify a triggering event (a “trigger”). When such a situation occurs, REVO's parametric guarantee will be
activated. According to a calculation model defined during contract signature, REVO will allocate compensation for loss
of turnover arising from the business interruption.
“Parametric solutions have many fields of application and this agreement is a testimony to that. The partnership with Paradigmix in fact allows REVO to further expand its scope of action in the area of business interruption covers in two segments in which we were not present with a structured parametric offer until now: manufacturing and medical devices. This agreement is in line with current trends in a specific market: that of SMEs and professionals, and is increasingly oriented to meet the demand for highly customised services, in which parametric cover is a valid, and above all rapid, means of protection for entrepreneurs who want to ensure the continuity of their business” – commented Roberta Spadoni, Head of Parametric Solutions at REVO Insurance.
REVO's parametric offer for this type of product will be modulated on the basis of information already in Paradigmix's
possession, which is the result of the latter’s technological analyses of the machinery. This kind of data interaction is
made possible by the high technological capacity of REVO, whose OverX platform enables the company to interface
with any computer system.
Funding Multi-Year Service Contracts According to the EAAS (Equipment as a Service) Model Applied to Networked Machinery (IIOT - Industrial Internet of Things): A Data Monetization Solution in the Digital Transformation Context - Industry X.0
Milan, March 19 2024
Paradigmix Srl (www.paradigmix.it) and Phoenix Italia Srl (www.phoenixadvisory.eu) have entered into an agreement that combines their respective roles, enabling the sustainable development of the EaaS (Equipment as a Service) model, allowing its financiability through the support of a patented Risk & Performance Management model aimed at governing the risks arising from service contracts.
Paradigmix Srl (www.paradigmix.it) is a consulting company specializing in Risk & Performance Management applied to XaaS (Everything as a Service) business models, an acronym indicating the transformation of product sales into the provision of product-related services, subject to a periodic fee, focusing on networked machinery (IIOT - Industrial Internet of Things).
Phoenix Italia Srl (www.phoenixadvisory.eu) is a financial advisor in partnership with the innovative SME 2meet2biz.com (www.2meet2bix.com). 2meet2biz.com has been authorized by the Bank of Italy and CONSOB (with resolution no. 22950 of December 20, 2023) to offer equity and debt sourcing services through an innovative crowdfunding club deal platform that provides access to participatory financial instruments (SFP) and Minibonds.
The new EaaS (Equipment as a Service) solution leverages the expertise of both companies to offer Industrial Equipment Manufacturers (OEMs) and machinery rental operators intending to use the EaaS (Equipment as a Service) business model in their commercial strategy the opportunity to:
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Source funds for meeting the financial needs related to the construction/purchase of machinery.
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Enter into multi-year EaaS service contracts with user companies.
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Manage risks arising from EaaS contracts through Paradigmix Srl's patented methodology, which allows for determining the contract's health status on a monthly basis through the calculation of an 'trend score', certified through publication on the blockchain, aimed at measuring and tracking the overall performance of the service contract.
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Utilize, if required, the credits generated from the service contract as collateral for the obtained financing.
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Determine the adequacy of the collateral for the duration of the service contract, if the machinery is pledged as collateral for the financing through non-possessory pledge.
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Use Paradigmix's scoring evidence to provide structured and certified feedback to financing counterparties.
Below are two concrete examples related to the construction of machinery:
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Financing the construction of machinery through the issuance of Minibonds, with non-possessory pledges and credits generated from the EaaS contract as collateral. Even if entered into at t(0), the absence of a track record of the contract could affect the financial burden.
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Financing the construction of machinery through the issuance of Minibonds, with non-possessory pledges and credits generated from the EaaS contract as collateral. To obtain a more accurate initial creditworthiness assessment, recourse to bridge financing with non-possessory pledges for an estimated period of 12/15 months can be made.
"The agreement between Paradigmix Srl and Phoenix Italia Srl represents a significant step towards the implementation and dissemination of the EaaS model in the Industry X.0 context," commented Dante Laudisa, CEO of Paradigmix Srl. "This collaboration not only facilitates access to funds for the construction and purchase of networked machinery but also offers an innovative approach in managing risks associated with multi-year service contracts."
"Through the partnership with Paradigmix Srl, we offer the opportunity to access innovative financial instruments applied to advanced Risk & Performance Management methodologies," added Serena Auletta, CEO of 2meet2biz.com. "In this way, we aim to pave the way for greater operational efficiency and new growth opportunities for companies embracing digital transformation in this sector."
PARADIGMIX™ Srl - EXCELLENCE OF THE YEAR LE FONTI
Milan, March 7 2024
We are proud to announce that PARADIGMIX™ Srl is WINNER of the prestigious 14th edition of the LeFontiAwards®
The awards ceremony took place last night, March 7, at the enchanting Palazzo Mezzanotte, the historic home of the Milan Stock Exchange.
The motivation for this selection honors us, describing PARADIGMIX™ Srl™ a "a rapidly growing excellence and an industry benchmark, as a Leader capable of focusing on innovation, flexibility and quality."
We are aware that many challenges lie ahead, but we face the future with confidence and enthusiasm, even more motivated by this significant nomination. It testifies to our dedication, resilience and passion for innovation in the industrial and financial sectors. Our mission is to introduce a new business model through Servitization of related
industrial machinery and to enable the #banking of a long-term service contract with our industrial patent and underlying Risk Performance Management methodology.
Thank you to the LeFontiAwards® Editorial Board, the Business Community and everyone who supported us. We are grateful for this fantastic Award that is stimulating to continuously improve ourselves.