4 ms·
One key difference is due to non-standard data formats and features, software has a far greater lock in. Cell phones might drop 90% of their "recurring" custome
by 3pt14159 15y ago
One key difference is due to non-standard data formats and features, software has a far greater lock in. Cell phones might drop 90% of their "recurring" customers over 3 years, but that's because the phone number goes with the client and there isn't much of a down side. With something like an accounting app or a CRM there is often way too much work to move to a new system, so the churn rates are smaller and the profit margins higher.
- _delirium 15y agoI agree with that, but that's not a SaaS-specific difference, is it? Classic enterprise solutions like SAP have pretty high lock-in, too.