Subscription business models are fast proving to be the best thing ever for businesses. Recurring revenues that come in day after day, week after week are a boon to business and while the perpetual licensing software sales model has done wonders for the industry so far, the question is how well planned is the subscription economy?
Some of the names that already forayed into this include names such as Adobe, which after much criticism still went ahead with its Cloud Subscription Suite. Primarily driven by memberships and subscription plans, the Adobe Creative Cloud is a great example of a trailblazer company that is forward-looking. There are many others following suit, such as Autodesk, that has transformed their offering in a fully cloud-based model available on a subscription basis. There are hundreds of more examples.