Revolutionizing Software Business Models for Operational Success in the Industry
The article explains how changing business models, like Software-as-a-Service, need to be effectively implemented in a company. It shows how business models relate to a company's strategy and how business processes relate to a company's operations. The study presents a framework for transforming a software vendor into a SaaS model, based on research in the software industry. The findings include a detailed description of the transformation framework and an expert survey that can help software firms make decisions. Overall, the study gives insights into how changing business models can impact a company's operations.