Throughout several industries there's a new pattern that is moving away from normal ownership and heading toward subscription models based around services. Companies like Dollar Shave Club, Netflix, Lyft, and Uber are all examples that consumers don't want the cost and stress of traditional ownership.
Ride-sharing companies focus on an outcome (get where you’re going), not ownership (no car title required). Their customers may not want to own a car; maybe the price is prohibitive, they don’t want to deal with parking or maintenance, or they don’t drive very much and want a solution that scales.
As it turns out, those same considerations — cost, storage, maintenance, scalability — apply to choosing cybersecurity software as well. Do you want to own, or do you just want an outcome? This analogy is helpful for understanding the differences between security-as-a-service (SECaaS) and traditional, on-premises security software.
If you’re buying a car, that typically means shelling out a large amount of money now. If you use a ride-share, you pay as you go. Similarly, purchasing a traditional software license often comes with a big, upfront price tag, whereas security software-as-a-service (SaaS) is usually paid over time as a subscription model.
With ownership, there are hidden expenses to uncover. For a car, think parking, maintenance, gas, insurance. For cybersecurity, think real estate for data centers, power for heating and cooling, security personnel. A security SaaS solution means the vendor is responsible for those costs, not you — you’re free to decommission your hardware infrastructure.
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