Businesses turn to new as-a-service models in Industry 4.0
As we enter the fourth industrial revolution — Industry 4.0 — new technologies are emerging that are upending traditional business models. One of the most exciting and disruptive new trends is the rise of "as-a-service" models. Instead of buying a product outright and having to maintain it and pay for upgrades or support, both businesses and consumers are embracing the idea of subscribing to virtually anything for a monthly fee.