On-Premise Obsolete Technology
Historically, business owners would purchase their technology outright, only to eventually be burdened with unforeseen maintenance costs, repair costs or miscellaneous costs that were not part of the initial purchase, but necessary for scaling. The total cost of ownership of the technology far exceeded the initial purchase price and business owners were left deciding which servers, routers and supplementary purchases they needed to make without the expertise, nor inclination to do so. Furthermore, after a substantial capital expenditure, the underlying technology would reside on-site, eventually becoming obsolete.