Forever Technology?

The price of First Class stamps goes up a penny on May 12. Load up on the Forever Stamps at a discount of roughly 2.5%. And if you are organized enough to store plenty of the booklets, the savings in future years should be even higher – minus of course the cost of capital.

It made me think, though – as we move to long-term SaaS and cloud and other long-term outsourcing contracts, one key clause I am recommending clients put in is a "not to exceed" inflation clause – not just during the tenure of the contract, but also on date of renewal. I am hearing complaints that as the first wave of SaaS contracts are coming up for renewal, some vendors are trying to justify 30-50% increases.