SaaS is Fast in Enterprise Applications
Worldwide software-as-a-service (SaaS) revenue in the enterprise application markets is expected to surpass $6.4 billion in 2008, a 27% increase from 2007 revenue of $5.1 billion, according to research firm Gartner. It’ll touch $14.8 billion in 2012. Some of the key industry trends that contribute to the rapid growth of SaaS globally include businesses examining ways to reduce their IT capital expenditure budget, the increased availability of broadband which extends the viability of Web-based service solutions globally, and the demand from businesses to rapidly implement software which supports a specific business need…More
