Marine liability insurer The Shipowners’ Club has signed up to get IT service management from Axios Systems on a SaaS basis. It wanted to remove the cost and complexity of security, backups, implementation and upgrades while retaining full ownership of its data. That, in a nutshell, is why companies are moving to a subscription-based economy. Billing and revenue recognition are among the growing areas in subscription-based offerings, for good reason: They let companies moving to the subscription model better track what they are doing.
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The Shift to a Subscription Economy, Part 2
Posted by: Richard Adhikari September 13, 2013 05:00 AMMarine liability insurer The Shipowners’ Club has signed up to get IT service management from Axios Systems on a SaaS basis. It wanted to remove the cost and complexity of security, backups, implementation and upgrades while retaining full ownership of its data. That, in a nutshell, is why companies are moving to a subscription-based economy. Billing and revenue recognition are among the growing areas in subscription-based offerings, for good reason: They let companies moving to the subscription model better track what they are doing.