Managed services, building recurring revenue and subscription pricing are the latest technology industry buzz words. Service providers are attracted to the allure of building more predictable, more profitable, recurring revenue streams. Potential customers love the idea of outsourcing aspects of their business through a simple pay-as-you-go usage-based contract. Investors are thrilled by the prospect of funding a business with plenty of annual recurring revenue as an offset to the peaks and valleys of growth derived from discrete projects with finite start and end dates.
Read the report to learn why the emergence of managed and subscription services have spiked across service-based industries. The report will provide insight into the benefits, challenges and risks of providing a managed service offering, as well as a few stories about companies that offer managed services.