Category: Business Model
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Watt’s New? The Product AND The Business Model
The first sentence in the U.S. Energy Information Administration’s publication, “Electricity Explained” is, “Electricity is measured in units of measure called Watts, named to honor James Watt, the inventor of the steam engine”. Once again, we find ourselves having to dispel a myth. The truth is that James Watt did…
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So You Want to Be a Software Company?
There is a strong appeal to becoming a software company, but is it really the right answer for your business? As these two examples show, the answer is far from clear.
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Don’t Fall in Love With Last Decade’s Business Model
The Pygmalion Trap The Greek myth of Pygmalion, the sculptor who falls in love with the statue he creates, is one of the most enduring stories of all time. The tale shows up in the works of Ovid, the Roman poet who lived in the time of Caesar Augustus. In…
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Is a Semi-Custom Business Model the Right Fit For You?
A man in a well-tailored suit will always shine brighter than a guy in an off-the-rack suit. – Michael Kors Mr. Kors may be right, there is nothing quite like a real custom-tailored suit. But it has also been one of life’s luxuries reserved for the fortunate few – a…
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Should You Jump on the XaaS Bandwagon?
In 1998 Concur revolutionized the software industry by introducing their Software as a Service (SaaS) pricing and delivery model, rather than the traditional license and maintenance model. The model was revolutionary at the time because for a fixed monthly fee, customers got access to a continuous stream of small upgrades,…