In the Software-as-a-Service (SaaS) model, third-party providers host applications and ensures it is accessible to customers. As one of the main categories of cloud computing, SaaS along with Infrastructure-as-a-Service (IaaS) performance have been driving growth over the course of last year.
Gartner defines SaaS as software that is owned, delivered and managed remotely by one or more providers. The provider delivers software based on one set of common code and data definitions that is consumed in a one-to many model by all contracted customers at any time on a pay-for-use basis or as a subscription based on use metrics.
A Gartner report said SaaS revenue is predicted to grow from $58.6 billion in 2017 to $99.7 billion in 2020.
The firm suggested that the acceleration in SaaS adoption can be explained by providers delivering nearly all application functional extensions and add-ons as a service. The report explained that this appeals to users as SaaS solutions are made to be more purpose-built and deliver better business outcomes than traditional software.
Meanwhile, research firm IDC’s program vice president for enterprise applications and digital commerce Mickey North Rizza, said, “The SaaS and cloud-enabled midmarket ERP market has a mix of competitors from small and medium-sized to large technology vendors. Selecting the right vendor partner is critical to your long-term strategy as a business. Most importantly, SaaS and cloud-enabled ERP is a disrupter as businesses of all sizes want to purchase it because it is easily configured, updated as needed for all customers, and readily available anywhere for most business types.”
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Denne historien er fra February 2018-utgaven av Reseller Middle East.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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