2007 SAAS Industry Spotlight Boston Corporate Finance

Report :  2007 SAAS Industry Spotlight Boston Corporate Finance

The software-as-a-service (“SaaS”) delivery model is a revolutionary application of technology with the potential to drive change throughout the entire software world. The market for these hosted or “on demand” solutions is growing at an amazing rate – IDC estimates that spending on SaaS applications will grow at a CAGR of 18.4% over the next four years, from $5.5 billion in spending in 2005 to $10.7 billion in 2009 (see chart). The reason that this growth trend is particularly exciting is the broad-reaching impact of the technology – not only does SaaS offer an enticing ROI to customers and a differentiated offering for innovative vendors, but it is also creating unique opportunities for partner firms, both in complementary software development and in consulting services. Furthermore, on demand
solutions are threatening to erode the market positions of the leading enterprise software giants that are struggling with the transition to a radical new sales and delivery model.

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