Organizations typically rent office space, vehicles, and computers.
When a company needs an expensive piece of equipment, it sometimes make sense to buy it or arrange a long-term lease. But there are times when the best option is renting. The idea of rentable software is not new. During the early 80s, a number of vendors were renting floppy disks, mainly to individuals and small businesses, but lacking the right distribution platform and user demand, their efforts dwindled. IT watchers have long been floating the suggestion that software be treated as a utility similar to power or water rather than as hard goods.