Technology-as-a-Service: a phygital business model

What is TaaS?

Technology is complex and rapidly changing. What's innovative one day is an old story a couple of years later. From day one in the technology world, it was all about expensive and unpredictable capital expenses for on-premises technology such as local servers, phone systems or office equipment. That was yesterday. Today is all about cloud computing, cloud services. Basically cloud-computing is all the technology that has previously been delivered using on-premises equipment but now it is all delivered through the internet as a monthly operating expense. There is Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Unified Communications as a service (UCaaS), Software as a Service (SaaS) and so on. Although cloud computing is here, today we are still living in an interconnected world of on-premises technology and cloud technology.

So what is Technology as a Service (TaaS)? Is the best of both worlds!

Is a single, all-inclusive, comprehensive service that combines physical technology with the digital world as a monthly operational expense. All your data, upgrades, technological support and professional services are provided to keep your technological infrastructure running optimally on the latest technology.

Benefits for communities and organizations

Not only its complexity might be an issue for some, but also the amount of investment needed to keep your organization or community benefiting from the latest technologies. So what if your organization or community could integrate them every couple of years and have it maintained without the upfront financial burden of acquiring new equipment or software?

For this reason, Technology-as-a-Service as a business model reflects a great opportunity for both suppliers and customers who rely on their services. Organizations, communities and the public sector may access technology on demand which allows them to optimize their service by improving performance and efficiency at an affordable price.

Furthermore, instead of acquiring large technology assets, you're freeing up your cash for other areas of your business while having access to technology resources that meet your current needs. If needs change, access can be scaled up or down with the demand. This will keep your capital available for unseen opportunities or challenges that arise in the competitive markets.

Another advantage of integrating technology as a service is the capability of providers to add features and automatically update users to the latest version with cloud services. This practice encourages in-house innovation while increasing the flexibility and scalability of the service. Keep in mind that consumers seek technology services that allow them to scale their use at a low cost of entry.

Without a doubt, this business model helps organizations and communities run smoothly.

ReaXium as a TaaS company

ReaXium is a corporation that empowers organizations and communities through technology and services. We bundle mobile devices, managed services and cloud-based applications into a comprehensive solution. Moreover, a single subscription price allows the customers to scale up or down throughout the course of their subscription term and adjust to changing business conditions

Our live monitoring solutions include services of identity management, value-added ridership, attendance management, or e-citation issuance to help organizations optimize their services, safety, visibility, data accessibility and transparency in order for them to take instant action. Our high level of managed services is the key to create closer, more efficient, and human customer experiences.

At ReaXium, we believe that the right understanding and technological edge can lead companies and communities towards a successful future. Our insistence on the importance of live monitoring solutions has paved the way to serve governments, communities, and organizations looking to place secure identification, performance, and real-time visibility at the forefront of their needs.

Contact us to set up a meeting with one of our team members to know how you can get the most out of our solutions and your budget!