Oracle has used exactly this business model to great success, and obscene profit, for over 30 years.
Oracle has used exactly this business model to great success, and obscene profit, for over 30 years.
Edit: I noticed you meant small businesses. However, Oracle does this mainly for the large companies that don't excel at technology.
Take a simple example. Every small offline shop will not refuse to count every customers head turn (with direction, angle and frequency), calculate averages, and get sales floor attention heatmap divided by day, hour, age and sex.
If that would cost them $500 one-time fee for 10 cameras and $5/day for the cloud service, and produced by pressing one big green key.
That's the Big Data driver, businesses are opening their eyes to the ability to analyze (cheap!) a huge number of small (and even smaller) factors and make better decisions.
He said: "Exactly this business model" -- that is, as it pertains to it's essence.
NOT to be read as:
"Exactly this business model as it pertains to inconsequential details, like which big company they should be imitating".