With respect @KateKurera, the only thing I don't like about your speech was the bit about "big corporations".

I don't like it, because all corporations, when successful, will become big.
Those that ride the #repairability wave have many $$ advantages.
A good solid for #repairable devices is of financial management: Roughly 30-40% of a given products' revenues come in the form of lifecycle maintenance.

In the coming decade, that margin will increase to 50-60% due to futureproofing and modularity among other things.
What's missed by financial managers though, is that this revenue is not free. It has two costs, one indirect:

First, the cost of staff to maintain said equipment - if your products fail "too infrequently", you're forced to use contractors (seasonal variability of need).
Components are cheap. Schematics can be made available for free. Repair could be outsourced to partners or unaffiliated repair business. You lose revenues, yes, but you also avoid a bullet in the form of the above problem.

There's a second, more insidious problem as well.
Every product is created within a certain zeitgeist, and into a given environment. 10 years from now we will be making different products than today - and existing products differently, with different assumptions.
For the last 10 years the gold of the new age has been data. Growth. Nothing else has mattered.

Well here we are. Turns out data is just numbers unless you have a use-case.
But anyway - products are created in a given context. That means they're done worse today, than they will be done tomorrow. This means that a company with as-a-service model will have, over time, quite a complex plethora of products "out there".
Gen 1 of a product might have software that has features that Gen 2 no longer recognizes. The longer time is spent before upgrade, the more jarring the change will be.
This is especially true in the #medtech industry. But that's its own chain for another time.
A good solid counterargument against #repairable devices* EDIT.
The rational, philosophical, environmentalist, ethical, and every other good argument for #repairable devices #righttorepair is well grounded.

But once we crack the business logic of it - it will make for truly big corporations. And hopefully "good" ones.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Mikael Koivukangas

Mikael Koivukangas Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @mkoivuka

May 12
@regimechanger50 @PeterZeihan 1. Despite close trade relations through-out the Cold War, Finnish railways go mostly North-South, few go East-West -> Lack of logistics supporting an invasion)

2. Lakes, bogs, forests make the terrain nigh impassable -- the only realistic access is via St Petersburg Image
@regimechanger50 @PeterZeihan 3. The only land the Russians could theoretically take with little green men is Åland - a largely isolated, self-governing area of Finland, which was awarded to Finland by the League of Nations. USSR was not a member of the league at the time.
@regimechanger50 @PeterZeihan This is tricky, because Finland gained independence *from Russia*, so technically the Åland island question is unresolved. The island is vital to Finnish logistics and maritime defense.
Read 9 tweets
May 11
I'm interested.
#GoogleGlass

Text next to someone's face might have surprising use-cases in #healthcare.

"Google's work with AR will likely be incremental" - hope so. But then what is the long-term vision?
cnet.com/tech/computing…
obv this is a sneak peek and broadly CG, but still:
I like the form factor. AR Glasses should not be discernible from normal glasses.

Like HTC Vive XR; these looks dorky (sorry)
(Image courtesy of @Muropaketti) Image
A relatively "big" thing about this sneak peek is, imo, the fact that the content seems to exist in 3D space.
Read 5 tweets
May 10
This is spot on! @TinaHuang

Whenever I'm learning a really technical thing (like Kanta PHR - FHIR - EMR interfacing) I'll talk to myself about it for many hours over a week or two.
The potential problem though @TinaHuang is that while this is great for learning at a relatively technical level, it doesn't help you in explaining what you learned to someone else.

I vividly remember talking about EHRs to a journalist for 3 hours and getting nowhere. (my fault)
What I personally do to try and deal with this problem, is instead of talking myself through the technical thing, I pretend I am explaining it to someone else. The questions the other person would ask then help me find where my knowledge is still not there yet.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(