Creating Shareholder Value with a Machine-as-a-Service (MaaS) Business Model
NetworkNewsWire Editorial Coverage: The internet boom in the 1990s, with the genesis of application service providers ("ASP"), set the stage for the Software-as-a-Service ("SaaS") model that now has found its way into nearly every industry. In a SaaS model, providers offer their technology over a set period of time, effectively locking in recurring revenue and a higher profit rather than selling the product outright. Since then, the “as-a-Service” model has been expanded into new verticals in a global economy now eager to accept the process. Because of large margins, Wall Street typically places high valuations on companies that employ the…