C-level execs banking on cloud computing, SaaS in 2011
20 April 2011
CEOs and CFOs of software companies believe 2011 will be a success due to the growing acceptance of cloud computing and SaaS among enterprise IT decision-makers, according to a survey conducted by the Sand Hill Group.
The company recently polled more than 100 software executives for its survey, which pegged the success of the cloud on demand for greater efficiency and cost reduction. SaaS solutions enable companies of all sizes to leverage highly capable software solutions without excessive costs related to deployment and maintenance.
As SaaS matures and becomes the standard for new enterprise software, Sand Hill believes multi-tenant SaaS solutions based on the subscription payment model will become the most popular.
Within software companies, the choice to develop SaaS solutions has generated financial optimism. The study found 90 percent of companies surveyed believe they will hire more workers in 2011 to cope with growing demand and use of their products. Moving forward, respondents believe they will enjoy similar success as SaaS matures.
Outside the private sector, the federal government has endorsed SaaS as a technology capable of cutting costs and boosting efficiency. Federal CIO Vivek Kundra announced the government will consider cloud options before on-premise alternatives earlier this year.
-McAfee Cloud Security
