SaaS named most promising technology

August 22, 2012

Software-as-a-Service, the solution that hosts software in the cloud, has been gaining ground in IT departments across multiple industries. In the 2012 Gartner Hype Cycle for cloud computing report, Gartner confirmed that SaaS is the most promising technology in the cloud.

Gartner's special edition of its annual report graphs the maturity of new technologies in cloud services and predicts how they can benefit businesses in the future. It also provides industry experts with an idea of how a technology can evolve over time.

According to the survey, SaaS adoption is becoming a growing trend among organizations. Gartner predicts that by 2015, more than half of enterprises will be using SaaS applications to conduct business.

In a recent survey conducted by Everest Group and Cloud Computing, 57 percent of respondents are already using SaaS, Forbes reported. This confirms that the technology is gaining popularity not just in the United States, but around the world. ZDNet's Steve Rangers wrote that SaaS products are also becoming popular in countries like Germany, Japan, Canada, France, and the UK. 

Gartner warns that adopting SaaS could be more expensive in the long run for a company, but the promise of more storage for big data and the added benefit of analytics to gain insights are key selling points for any business. And as long as customers take the necessary cloud security measures, like encryption and password protection, SaaS is a recommended choice.

As the cloud computing world evolves, companies expect more from their cloud service. SaaS appeals to owners of expanding companies because there are no data restrictions. As a significantly promising technology, according by Gartner, SaaS could potentially transform the future of IT."

-McAfee Cloud Security