The economics behind digital business models

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Jan 2023
The economics behind digital business models
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• Overview 

According to Gartners predictions, digital
business models (such as subscription-based
business models) will continue to evolve for
competitive advantage. Gartner also proclaims
that organizations can turn continuous change
into an asset if they sharpen their vision.  Now,
what does it mean? To put it plainly, digital
business models are here to stay and have
tremendous potential to grow in the years to
come. These predictions bring us to our next BIG
question.
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Types of Digital Business Models
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Some of the key benefits offered by SAP BRIM are
Free (ad-supported) or Freemium business models
 Are business models where users get free access
to a basic version of the product for free
(ad-supported). If users want to use premium
features, then they can upgrade to the premium
version by paying service fees. A great example
would be Spotify, LinkedIn, etc.
Subscription-based business models
Are business models in which a customer pays a
recurring fee on a regular interval period for
using products and/or services. Examples like
Netflix, Office 365, Salesforce, etc. are moving
from transacting with customers to building
long-term relationships and recurring revenues.
Usage-based business models
Are the new business models in which customers
pay according to the usage of resources. In
contrast to the subscription-based pricing model,
the consumption-based pricing model charges
customers based on the per-unit usage of the
resources rather than a fixed price. Examples
like AWS, Abertis, AXA, Uber, etc.
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• How do Acuiti Labs fit in this economy? 

Considering the current growth trajectory of the
digital transformation market, Acuiti Labs can be
hugely benefited from its expertise and
experience in providing technical support and
digital transformation for B2B and B2C customers.
Currently, the company caters to multiple
industries, from shipping to media, from SaaS to
postal services, etc., and has also developed
different industry-specific accelerators (for
example, AcuitiMobi for public transport AcuitiPa
y for connected vehicles Acuiti Subscription
Manager for subscription management AcuitiPort fo
r seaports AcuitiMedia for media and
entertainment and AcuitiAirport for automating
aeronautical and non-aeronautical billing) to
meet the industrys needs.
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Worried about managing customers' experience?
Acuiti Labs SAP BRIM solution can help you in the
management of business model design, it performs
contract and order management, billing, and
invoice processing. It manages receivables and
payables and provides support for financial
customer care. SAP Billing by Acuiti Labs
provides you with invoicing software to automate
your invoicing process.
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Thank you

• Acuiti Labs2870 Peachtree Road, 546, Atlanta,
  GA 30305
• info_at_acuitilabs.com
•      1 770 783 5212
• www.acuitilabs.com