We are in the midst of a ‘Fourth Industrial Revolution’, the emergence of cloud computing both public and private has enabled businesses to be far more dynamic and flexible in the way they deliver ICT services. The ability to create platforms and infrastructure on-demand that scale to deliver the performance required in a pay as you go (burn) model have seen the procurement of these services move away from CapEx to an OpEx model. This change is also manifesting in other areas such as software, backup & DR as well as firewalls and other appliances all being delivered as a service, soon even Windows 10 will be available ‘as-a-service’. Is this a good or bad thing? To quote Paul Getty, who was once recorded as being the world’s wealthiest private citizen, “if it appreciates, buy it, if it depreciates, lease it”, as we all know technology is out of date before we’ve even purchased it, so in this industry that quote is very relevant. My personal opinion is that this is a good thing, no more suffering the depreciation of expensive hardware assets or funding of expensive solutions. Cash-flow is improved as smaller monthly payments are made rather than large lump sums every three or however many years.