RealTime IT News

SaaS to Continue Enterprise Surge: Gartner

The fortunes continue to rise for vendors offering software-as-a-service and cloud technologies, as businesses are projected to continue their embrace of new systems that offer lower entry and maintenance costs.

By 2014, SaaS applications will account for 16 percent of global software sales, according to the latest forecast from market researcher Gartner. Datamation has the details.


Businesses' appetite for on-demand software applications shows no signs of dissipating in the near future, and service-oriented computing will continue to become an even larger percentage of the overall worldwide software market, according to the latest report from IT researcher Gartner.

Buoyed by lower startup and maintenance costs compared to on-premises application deployments, as well as the ability to distribute and share applications and documents through the cloud, software as a service (SaaS) is poised for rapid growth for at least the next four years.

Read the full story at Datamation:
SaaS Market Growing by Leaps and Bounds: Gartner