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Rethinking your business with IoT: your product “as a Service”
In the world of IT “as-a-Service” has been a major trend over the last 15 years. Once the availability, speed and reliability of the Internet reached the point where applications could be accessed in someone elses data center, it’s made sense to look for opportunities to reduce costs. Why not you pay for what you use (Software as a Service) rather than invest in the infrastructure, software, support staff, etc., required to run an application yourself? Similarly, software platforms and hardware infrastructures sold “as a Service” have taken off. It’s much faster and usually more cost effective to buy what you need rather than invest up-front. With increased volatility in the world due to politics, innovation and economics, many companies value flexibility over predictable asset amortization. You’ll see this is reflected in a growing preference for Opex over Capex investment.
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