Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
Ten years ago, the advent of software-as-a-service dramatically shifted the way we access, use, and pay for software. It ushered in an era of flexibility, frequent updates, and unparalleled convenience. This shift also benefited the software vendors by enabling novel business models and recurring revenue.
By adopting HaaS models, OEMs increase the likelihood of achieving recurring revenue. In addition, manufacturers that deploy a servitization model enjoy sustained customer engagement, greater economic stability, extended equipment life and greater market relevance. This is why servitization platforms like Xyte Device Cloud are becoming increasingly prominent.
Haas Hardware As A Service Saas Software As A Service Oems Servitization Model Revenue Profit Customer Relationships
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amtrak's Borealis service connects Chicago, Twin Cities with daily serviceTravelers now have another option to get between Chicago and the Twin Cities as the Amtrak Borealis service launches Tuesday.
Read more »
Why were Washington ferries out of service this weekend?It's been a tough Memorial Day weekend for those using Washington ferries as many travelers have been faced with cancellations.
Read more »
NFL on Netflix is official, Seahawks won’t be playing on Christmas DayWhy yes, the NFL is going to be on another paid streaming service.
Read more »
Economist explores why skyscrapers keep getting taller and why the world loves themRutgers-Newark professor Jason Barr, an authority on skyscrapers, examines them through the lens of an economist, not an expert on architecture.
Read more »
Why 96% of Agile Transformations Fail - Here's Why You Shouldn't BotherAfter years of research of software teams and working with a PhD-trained research team, a new Impact Engineering methodology cuts Agile project failures 6.5x.
Read more »
90 Day Fiancé: Why Alexei Brovarnik Isn’t The Best Husband (Here's Why)90 Day Fiancé&39;s Alexei and Loren Brovarnik
Read more »