Post Author: Carroll Ross
January 27, 2009
As businesses continue to look for was to cut costs and squeeze every ounce of value out of their IT dollars, the interest and attention around SaaS solutions continues to grow. As both a partner and a customer with Workday, Salesforce and Taleo, we also continue to see the value this model provides. The following article is more proof positive on the topic.
Software as a Service Market Will Expand Rather than Contract Despite the Economic Crisis, IDC Finds
FRAMINGHAM, Mass. — Recent IDC surveys and customer interviews support the finding that the harsh economic climate will actually accelerate the growth prospects for the software as a service (SaaS) model as vendors position offerings as right-sized, zero-CAPEX alternatives to on-premise applications. Buyers will opt for easy-to-use subscription services which meter current use, not future capacity, and vendors and partners will look for new products and recurring revenue streams. As such, IDC has increased its SaaS growth projection for 2009 from 36% growth to 42% growth over 2008.
