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Servitized business models in project-based firms: The case of energy efficient architecture

Galera Zarco, Carlos; (2014) Servitized business models in project-based firms: The case of energy efficient architecture. In: Baines, Tim and Clegg, Ben and Harrison, David, (eds.) Proceedings of the Spring Servitization Conference (SSC2014). (pp. pp. 72-80). Aston Business School: Birmingham, UK. Green open access

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Abstract

Business models of project-based firms have traditionally been based on delivering value through the product. In the building sector, the customer perceives value only when it receives the finished building, at which point it terminates its relationship with the firm. New research strands on value in use and the employment of new business models lead us to propose the creation of new solutions that can include services as part of the firm’s offering for the consumer. This proposal involves increasing both the value perceived by the customer and the benefits to be obtained by integrating all phases of the business, thereby achieving a lasting relationship with the customer. In the context of energyefficient buildings, technological innovation and the particularities of design, installations, maintenance and use are presented as an ideal framework for studying the introduction of the phenomenon of servitization into the business models of project-based firms (PBFs). In this article, we attempt to evaluate how servitization gains a leading role in existing business models in this area. We will propose a structure for new business models in this sector and, through case study, examine what kinds of models are emerging. We will then analyse these models and propose improvements for integrating services into all phases of the business.

Type: Proceedings paper
Title: Servitized business models in project-based firms: The case of energy efficient architecture
Event: The Spring Servitization Conference (SSC2014)
ISBN-13: 978-1-85449-472-6
Open access status: An open access version is available from UCL Discovery
Publisher version: https://research.aston.ac.uk/en/publications/growt...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Servitization, Project-based firms, Case study
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10160868
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