It’s a new dawn, it’s a new day. It’s the era of industrial renewal.

A new mindset for business is emerging. It is described as the ‘trillion-dollar opportunity’, will drive innovation in tomorrow’s companies and reshape every part of our lives. So, what is it? Say hello to the Circular Economy.

What does circular economy mean? Circular economy is the alternative to a traditional linear economy (make, use, dispose) in which we keep resources in use for as long as possible, extract maximum value while in use, then recover and regenerate products and materials at the end of each service life.

With circular economy, growth is decoupled from the use of scarce resources through disruptive technology and business models based on longevity, renewability and reuse. This leads to companies gaining a circular advantage—driving both resource efficiency and customer value, and delivering at the heart of a company’s strategy, technology and operations.
More and more companies understand that we are rapidly approaching a point where the linear growth model is no longer viable. The reasons are not few: lack of solutions for the growing shortage of materials, increased pollution, increased material demand and the growing demand for responsible products.
As Professor Walter R. Stahel, founder-director of The Product-Life Institute, put it, “The bigger, better, faster, safer, syndrome for new goods that is the hallmark of the current industrial model won’t work in an era of greater scarcity and waste accumulation.”

In this era of industrial renewal, having a progressive business partner that can support you to embark on your tech journey effortlessly and realize your full business potential is a must. Because it’s not a secret anymore: digital transformation is an essential key to the further development of circular economy. New technologies such as Internet of Things, Artificial Intelligence and Blockchain prove to us that we’re living in a digitalized era where success is only limited by our imagination.
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