Worldwide Software as a Service Revenue Expected to Reach $14.5 Billion in 2012

Share  
1  |  2  |  3  |  4  |  5  |  6  |  7
Previous Next

Click through for regional breakdowns of the SaaS forecast by Gartner, Inc.

Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

Worldwide software as a service (SaaS) revenue is forecast to reach $14.5 billion in 2012, a 17.9 percent increase from 2011 revenue of $12.3 billion, according to Gartner, Inc. SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $22.1 billion.

"After more than a decade of use, adoption of SaaS continues to grow and evolve regionally within the enterprise application markets," said Sharon Mertz, research director at Gartner. "Increasing familiarity with the SaaS model, continued oversight on IT budgets, the growth of platform as a service (PaaS) developer communities and interest in cloud computing are now driving adoption forward."

Although growing interest has been observed in vertical-specific software, the most widespread use is still characterized by horizontal applications with common processes, among distributed virtual workforces and within Web 2.0 activities.

"The top issues encountered when deploying SaaS vary by region," Ms. Mertz said. "Limited flexibility of customization and limited integration to existing systems are the primary reasons in North America. In EMEA, network instability is the issue most frequently encountered, whereas longer-than-expected deployments are the top issue in Asia/Pacific. Vendors are more aggressively pursuing SaaS buyers outside traditional markets by offering local-language availability, forming alliances and constructing data centers to accommodate local requirements."

 

More Slideshows

IT_Man22-190x128 Eight Signs Your Team Is in Trouble

Eight common behaviors that team leaders should look for and address before they escalate into big organizational failures - lost contracts, missed deadlines, budget overruns, and the loss of key team members. ...  More >>

ITCareers19-290x195 Ten Questions Not to Ask During an Interview

By avoiding these questions and doing your research, you’ll be better prepared with thoughtful questions to ask at the conclusion of a job interview. ...  More >>

EldonnaNegotiationMistakes0x The Seven Most Common Negotiating Mistakes

Whether you are a seasoned negotiator or avoid wheeling and dealing with people altogether, you will vastly improve your results and be motivated to "get in the game" by knowing how to avoid these prime pitfalls. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.