KDDI and AXLBIT committed to building platforms for recurring-revenue businesses
※This is a machine-translated text of the original article.
KDDI Corporation and AXLBIT Inc announced that they had entered into a capital and business alliance with the aim of supporting the recurring-revenue business (*1) of corporate users in 5G era.
Both companies will jointly develop new platforms for recurring-revenue businesses in anticipation of further expansion in 5G age.
Developed platforms will be provided to the partners of both companies and used as KDDI Corporation’s own recurring-revenue business platform.
As a result, it will support corporate users in utilizing various SaaS and IoT products, and contribute to business expansion through work style innovation and digital transformation.
(*1) Recurring-revenue business, also known as subscription business, refers to a business model which generates a stable stream of income over foreseeable future. It is part of transition from a traditional manufacturing-dominated economy to a service-oriented economy driven by technological innovation such as smartphones, artificial intelligence, cloud computing and IoT.
Original Text: https://ampmedia.jp/2020/02/07/kddi-6/