Technology service consumption model

The IT service consumption is at the core of the industries embracing the OPEX expenditure economic model. It also highlights the intersection of rapidly-growing demands, ever-evolving technology, and the IT-enabled business model. IT is no longer just a cost center. It allows business processes and transactions that weren't possible before. This transformation from the traditional IT model to the pay-by-use contract avoids the direct purchase of equipment purchases and all expenses associated with operations and maintenance. Today, the equipment acquisition model is risky and costly due to rapid technology and consumer demand changes.

Companies now have many cloud computing options. They can adopt a full ...

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