As consumers, we are used to the idea of paying monthly for some of our products and technologies. Think about your mobile phone contract, your car or streaming entertainment package. It’s a trend that’s popular and growing as more technology services move to the cloud.
In the business world, IT investment has traditionally been a one-off capital expenditure followed by a period of 3-5 years usage, where the asset value is written off in the company accounts, before the whole cycle begins again. But more recently there has been a shift in thinking towards spending on technology as an operational, rather than capital cost.
