Renting Software

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Title: Renting Software

Essay Details:

Subject: Technology

Author: Bryce S

Date: March 3, 2014

Level: University

Grade: B

Length: 5 / 1287

Essay text:

Now imagine how much money organizations have to pay for the same privilege for hundreds of thousands of employees. Worse, unlike households and small firms, many organizations spend millions of dollars on enterprise-wide applications, such as supply-chain management, ERP, and Web-based transaction systems only to find that two or three years later their version is old and lags behind the newer versions that their competitors use. Also, for small companies, the cost of even a single module of an enterprise-wide system may be too high for purchasing. They prefer a monthly payment to a single, but large allocation of capital for the software...

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