COOLaaS™ is an all-inclusive service which delivers heat extraction on as-a-Service model (XaaS). This enables operators to pay only for the output of the assets and services, rather than acquiring the equipment needed. This transition from a passive ownership to efficient usage will liberate budgets of heavy capital investments, and therefore create a more efficient working capital management environment. Customers will never assume ownership of any assets to provide cooling (representing a move from CAPEX to OPEX). Furthermore, rather than fixed monthly payments, such as leasing solutions, COOLaaS™ monthly billing is based upon a fixed rate per kWh consumed and includes all needed products, installation, maintenance, service, and spare parts.