Compressed air as a service
Industry uses compressed air as a source of power for automation and machines. Reliable availability of compressed air is often so important that there must be at least two air compressors in production facilities. Existing compressed air technology is over 50 years old. The environmental load of devices is increased because the majority of air compressors are oiled, and even the instruments in “oil-less” compressors require oiling. Additionally, oil-less screw compressors are expensive to maintain and break easily as a result of their complex structure and rapid erosion.
Solution: compressed air as a service
Tamturbo sells compressed air as a service for the needs of industry. The company has developed a new compressor technology that allows it to produce compressed air without the use of oil. The compressor is based on a high-efficiency electric motor with a magnetic bearing, in which the rotors do not mechanically come into contact with one another. As a result of this, the compressor does not require oil, its parts do not suffer from wear and it can be used for long periods without maintenance. The technology also saves approximately 15% in energy consumption compared to old oil-less screw compressor technology.
Revenue logic and benefits for Tamturbo
Tamturbo sells both compressed air as a service and compressors to its customers. In the compressed air as a service model, customers are charged on the basis of the amount of compressed air indicated by the airflow gauge. Machine maintenance and repair costs are minimal with the new compressed air technology meaning the company as a service provider is not subjected to large maintenance costs when a customer uses the device. When an agreement comes to an end, Tamturbo can supply the same machine to another customer with a similar agreement.
Benefits to customers and end users
Customers who select the compressed air as a service model do not need to invest in purchasing the device or see to its repair or maintenance. As a result of the absence of repair costs and the energy efficiency of the solution, purchasing the service is a considerably more affordable option for the customer when compared to traditional technology.
Tamturbo in a nutshell
Main business: oil-less compressors for industry
Net sales: €1-50 million
Launch of circular economy solution: 2017
Share of the circular economy solution of the total business: 50% (for the product as a service model)