Futures

The Rise of Software as a Service (SaaS), from (20221228.)

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Summary

The author expresses frustration with the increasing trend of software products being offered as subscriptions rather than one-time purchases. They find it difficult to find products in the tech world that can be bought outright and run on their home computer. The author prefers to own software upfront to avoid the risk of losing access if financial situations change or if the company is acquired. They question why this trend is happening and wonders if others are also tired of the constant barrage of subscription-based products. While the author acknowledges the benefits of subscriptions, such as regular updates and potentially lower costs, they feel that a greater proportion of their money goes to software companies with this model. They compare owning software to owning a music album, considering it archaic.

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Themes

Signals

Signal Change 10y horizon Driving force
Shift towards subscription-based software Transition from one-time purchases to recurring payments More software will be offered as a service Sustainable business models and steady revenue streams
Preference for subscriptions Shifting from owning software to subscribing for continuous updates Increased reliance on subscription-based models Access to updates and sustainable revenue for software companies
Perception of owning software as archaic Changing mindset towards software ownership Greater acceptance of software as a service Evolving consumer preferences and technological advancements

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