Ex-SAP CEO Bill McDermott has been named chief executive of cloud automation platform ServiceNow; he replaces John Donahoe, who will become CEO of Nike (Natalie Gagliordi/ZDNet)

5 years of Zoho Subscriptions: The road so far  —  The subscriptions industry has been booming recently.  Subscription-based ecommerce businesses had a year-over-year growth of 100% for five years in a row, according to a 2018 McKinsey & Company survey.

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