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.

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:


Getting Consensus on Business Requirements: Tips and Traps The toughest job in the requirements definition stage is to get stakeholder agreement as a systematic, expected deliverable in the project cycle.

Six Reasons Windows 8 Could Be a Threat to the iPad Reasons why Windows 8 is fierce competition.

Top 10 Highest Paying Cities for Technology Jobs Big cities reign supreme for high paying technical positions.

 

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

 
More Slideshows

Healthcare8-190x128 Six Concerns Causing Sleepless Nights for Health Care Admins

It's no surprise that the threat of data breaches, regulatory compliance and meaningful use are issues that keep health care CIOs up at night. ...  More >>

GlassdoorBetterPresentations0x Ten Tips to Help You Give Better Presentations

With presentation skills being seen as so critical to a person's career, it's essential to find ways to deal with the fear and overcome the obstacle. ...  More >>

CTERA290 The New Superheroes of the Enterprise

They appear to be mild-mannered members of the IT team, but underneath their jeans and collared shirts beat the hearts of the unsung enterprise heroes. ...  More >>

Subscribe to our Newsletters

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