[TeMPOraL]

Wait, when did that change? I thought the prevailing wisdom in our industry is that CAPEX sucks, OPEX rules. I understdood that's what's driving SaaSification of everything - replacing some internal tool and labor with a SaaS is literally turning CAPEX into OPEX, and it was supposedly what the investors liked.

[pclmulqdq]

The only real difference is tax treatment. Opex is subtracted from earnings before public reporting and before taxes. So opex are more tax-efficient, but they lower your reported earnings.