|
Technology
By the Glass
May 27, 2003
By
James Klein, Larta VOX Editor
From
media to software to hardware, companies are giving consumers the
technology they want in the quantities they need.
Selling
consumers only that portion of an item they can use
at one time probably goes back to the origins of homo
sapiens. If the first profession was hunter, the second
was middleman. The hunter couldn't use a whole mastodon,
so he'd trade it to a middleman with a distribution
system that could accommodate five tons of mammoth meat
at a time. The origin of wine dates back to the very
beginning of human civilization, and the ancient profession
of bartender soon followed as individual consumers wanted
to buy a single drink instead of a whole bottle (or
ceramic pot, as the case may be).
To
this day, you can walk into a bar and buy most anything
by the glass. It's cheaper to buy it by the bottle,
but sometimes you just want one glass. This simple,
ancient, powerful idea - selling the consumer only that
portion of a product they want, is being applied to
new products and markets every day, and is transforming
IT and other technology industries.
Used
to be, you could buy two songs at a time. It was called
a "45" and played discs at 45 rpm (revolutions
per minute) on an ancient device known as a "record
player". A 45 had a larger hole in the middle,
but an inexpensive plastic spindle attachment was all
you needed to convert your existing system, which played
an LP (long playing) record at 33 rpm. Consumers didn't
have to buy the whole album - they could get just the
hit songs they wanted. Unfortunately, 45s went the way
of the Edison wax cylinder. Consumers still wanted to
only buy the hit single, but were forced to purchase
an entire CD, even if it contained songs no one wanted
to hear. For years, the music industry relied on hit
songs to boost sales of otherwise lackluster albums.
Consumers were naturally frustrated buying twelve songs
when they only wanted two. This frustration is one of
the reasons online music piracy grew so rapidly. Not
only were music pirates able to get whichever specific
songs they wanted without having to receive an entire
album, they could also rationalize their actions because
of what is still seen as record companies' unfair bundling
of music into an "unbreakable" package.
As
perhaps the most effective answer to music piracy to
date, Apple's new online service, iTunes Music Store,
and other similar services like MusicNow, Rhapsody,
and Pressplay, sell music one song at a time, enabling
consumers to purchase their favorite hit songs without
having to buy the whole CD, providing the music industry's
most viable alternative to KaZaA and other illegal file-sharing
services. Apple's iTunes Music Store offers songs from
all five major music companies - Universal, Warner,
EMI, Sony and BMG. The iTunes music store will initially
offer 200,000 songs. Users can preview a 30-second sample
and then decide if they want to buy a high-quality audio
copy for 99 cents, less than the price of a 45 in 1973.
Ideally,
consumers should be offered everything by the glass,
giving them the option of purchasing only that part
of the item they're interested in at any one time. Cars
might seem like a commodity that would be hard to sell
by the glass, yet leasing does exactly that, allowing
people to buy only the new part of a car's lifecycle.
Part
of the "by the glass" movement is driven by
organizations increasingly outsourcing functions and
services they used to perform themselves. Buying something
whole takes more money than buying it by the glass -
money that detracts from building a company, or that
must be borrowed and paid off with interest. Companies
and individuals are also realizing that with ownership
comes responsibility, for maintenance, repair, and replacement
- activities are often not part of a company's core
activities or competencies.
Software
companies are increasingly offering their products by
the glass. Salesforce.com is one of many companies that
sells metered access to enterprise software, rather
than requiring consumers to purchase the entire package.
Salesforce.com CEO Marc Benioff plans to take the by-the-glass
concept even further. In early June, Salesforce.com
expects to release sForce, a system that allows any
software company to sell its software product as a by-the-glass
service.
Other
companies are offering software by the glass for specific
functions. WebEx enables online meetings, Employease
offers online HR software, and Arena Solutions facilitates
outsourced manufacturing. IDC, a technology research
company, expects outsourced software services to grow
to $8 billion in 2007, from $2.2 billion last year.
Even
Big Blue is getting in on the act. "We've been
on a model where everybody's got to buy their own thing
and pay for it in one big gulp," IBM's Senior Vice
President for Strategy, J. Bruce Harreld said in the
May 12th issue of Fortune magazine, "We need a
change in how people pay for information technology,
so it's more by-the-drink, flexible, buy-it-when-you-need-it.
IBM is transforming its operations to offer its customers
what it calls "on-demand computing".
IBM
first described the company's vision for on-demand computing
last year, committing $10 billion to on-demand initiatives,
beginning with the opening of four On-Demand Design
Centers to help customers test new products and services.
In IBM's vision, on-demand networks will offer customers
more flexibility and a greater choice of services. Companies
in such an environment could pay by the month for software
systems rather than maintaining them in-house.
The
biggest buyer in the United States - the federal government
- is seeing the wisdom of purchasing services instead
of owning equipment, and is increasingly outsourcing
functions it used to perform. David Drabkin, Deputy
Associate Administrator for Acquisition Policy at the
General Services Administration (GSA), which contracts
for billions of dollars in products and services, explains:
"People used to like to own everything. Many companies
were spending a disproportionate amount of time focusing
on owning all those things and trying to keep them up
and running and keep a workforce to keep them up and
running and it was detracting from their ability to
do their core mission. Well, the government has come
to the same realization. We don't like to own things
anymore."
We're
likely to see more on-demand products, services and
initiatives in the future, as technology industries
adapt to customers' needs. The winners are the consumers,
who will have more choices in the variety and quantity
of services available. Small businesses will especially
benefit, as they're frequently strapped for operating
capital, and require software and hardware services
that fall below the cost advantages and economies of
scale delivered by owning entire systems. Technology
companies will benefit from both sides of the coin,
buying only the services they need, and selling their
products in new, inventive ways. To the by-the-glass
movement, we should raise our glass and say cheers.
Return
to this week's issue of VOX >
|