A subscription-based offering can provide several benefits for a company like GE. Firstly, it can lead to more predictable and recurring revenue, which can help with financial planning and stability. Secondly, it can provide valuable customer data, which can be used to improve products and services. Thirdly, it can lead to stronger customer relationships, as customers are more likely to stay with a service they subscribe to. Lastly, companies running on subscription models have been shown to grow their revenue more than nine times faster than the S&P 500.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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