IWMS expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss the risk of NOT buying a Software as a Service (SaaS) Cloud delivered solution.

In October of 2005 Bill Gates sent a memo to Microsoft’s top management sounding the alarm that the rise of utility computing threatened to destroy its core business.¹ Microsoft, at the time, was a pure perpetual software vendor, selling all their software to be installed on a customer computer or server and charging large fees up front with a small annual maintenance fee. This is the way virtually all vendors in the IWMS space continue to do business today – large upfront fees with even larger implementation fees to put software on several servers behind the corporate firewall where the company then has to allocate internal IT resources to manage and maintain the application. (more…)