The whitepaper provides an overview of how it is possible to extend the lifecycles of connected offerings comprising for instance hardware, software, a support-service system and long-term management of operation. These offerings may span from products, products with add-on or integrated services, solutions, product-service systems, industrial product-service systems, and functions, etc. The selection of business model for an offering has a large impact on how the provider and customer/user can maintain, update and support the offering and keep it operational with a high level of availability and cybersecurity. In addition, new ways of designing the sales agreements or contracts may also lead to an increased level of re-circularity, extension of lifecycles and less ecological impact. This requires that an offering’s lifecycle is foreseen and planned for already at the initial conceptual, requirement engineering, and design phases, rather than trying to add this at a later stage at a much higher cost and effort. The total cost of ownership perspective is applied and compared to the initial cost perspective, which currently often is used.