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SaaS AmCham SME Committee_022009
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3. On-Demand Software as a Service Application Service Provider Hosted Software Application
4. Hosted software services provided on-demand will grow 21 per cent to US$ 5bn next year (2009), according to analyst Gartner . Sales of Software as a Service (SaaS) in the enterprise market will continue to grow to US$ 11.5bn by 2011, says the report. SaaS Global Market Customers do not buy any software or hardware. The services are offered on a monthly subscription basis. The approach is very flexible as customers can start with a small set of functionalities and add more as they move along. A leading SaaS provider may charge US$ 65/ month & user.
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6. Gartner defines SaaS as software that is owned, delivered and managed remotely by one or more providers. SaaS Global Market The model is gaining popularity in areas such as compliance, risk management, office administration, sales and service automation and procurement optimization.