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2016 Software Trends: The Evolution of Enterprise Software

  • 2016 Software Trends: The Evolution of Enterprise Software-

    SaaS Becomes VaaS

    With the cloud and software delivered by subscription, power is shifting from vendor to customer. Multi-year contracts are out. Vendor accountability is in. Customers have a new bill of rights: to get quantifiable business value from solution providers. Now that virtually all enterprise software is either cloud-based or has the option to be hosted in the cloud and delivered as a service, the conversation will shift away from how the software is delivered and refocus on the value the software is delivering — whether in the form of savings, lead generation, revenue improvement or operating efficiency. It’s no longer software as a service; it’s value as a service.

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2016 Software Trends: The Evolution of Enterprise Software

  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
  • 2016 Software Trends: The Evolution of Enterprise Software-2

    SaaS Becomes VaaS

    With the cloud and software delivered by subscription, power is shifting from vendor to customer. Multi-year contracts are out. Vendor accountability is in. Customers have a new bill of rights: to get quantifiable business value from solution providers. Now that virtually all enterprise software is either cloud-based or has the option to be hosted in the cloud and delivered as a service, the conversation will shift away from how the software is delivered and refocus on the value the software is delivering — whether in the form of savings, lead generation, revenue improvement or operating efficiency. It’s no longer software as a service; it’s value as a service.

No one knows how 2016 will play out, but it’s quite clear that companies that focus on creating value; on maximizing resources, people and time; on pushing the boundaries of innovation; and on using data to run their business smarter will have the agility and flexibility to manage through whatever will come.

This is an exciting time to be in enterprise software. With the cloud and software as a service, we have a new chance to get it right. Buyers are increasingly interested in considering cloud options, and dozens of exciting new companies are reaching scale and giving incumbent vendors a run for their money. In this slideshow, Rob Bernshteyn, CEO, Coupa, has identified six enterprise software trends he expects to see in 2016.