The subscription model for digital services has proliferated in the consumer market as users across all demographics experience the benefits of the on-demand service economy. This phenomenon has contributed to the rise of Everything as a Service (XaaS), now percolating into the business environment as organizations rapidly shift their workloads onto cloud-based platforms. XaaS has become a digital force multiplier, enabling enterprises access to digital services that boost innovation, enhance business operations, improve efficiency and reduce overall costs. While only 9% of businesses have shifted fully to XaaS business models, 85% are at some level of progress stage, either…
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