As-a-Service Business Is Growing
Read almost any survey or research paper touching business models: service transformation is clearly visible.
There may be several terms used when discussing growth of services and new service business models, for example:
- Service transformation
- Recurring revenue business model
- Service business growth
- Subscription and services economy
- Internet of Services
- Digital Services
No matter the terms used, the growing trend towards selling and procuring as-a-service is clear.
Below are two examples: a survey by CFO Research and a study by Forrester.