There is a revolution going on in corporate IT and its name is SaaS (Software as a Service). Gartner projects that the global SaaS market is going to double over the next few years. But what is driving this growth? Why are more and more business around the world farming out their critical software solutions to SaaS vendors? It’s simple: companies are struggling to meet growing IT needs with shrinking IT budgets. They want faster, cheaper solution deployments with lower Total Cost of Ownership (TCO) and an easy way out, because the “sunk cost” of on-premise software is not always a fallacy.
The trend behind the market growth is that more companies are deploying more cloud Solutions. 94% of companies use at least one cloud solution, while larger organizations may be using more than 100. In response to this trend, almost every enterprise software vendor is jumping on the SaaS bandwagon. There are thousands of different solutions across hundreds of vertical industries or markets. The fastest growing SaaS categories are HR, Dev Ops, Product, Sales and Marketing.
Companies deploying SaaS solutions realize tremendous cost and effort benefits, but not … Read more...