London, 06 January 2015 – The growing need to maintain a low-cost infrastructure has resulted in the growth of the Global IT-as-a-service (ITaaS) Market, which is expected to post a CAGR of 31 percent from 2014-2019, says research firm TechNavio.
Adoption of the ITaaS model is a cost-effective way of maintaining IT infrastructure. As more advanced technologies are adopted in businesses across industries, the annual IT infrastructure management spending of organizations has increased. ITaaS helps businesses reduce the cost of IT infrastructure procurement and management.
The latest report from TechNavio emphasizes the financial crisis that has forced many government organizations to consider reducing their IT-related expenses. Cost-effective SaaS solutions, with better features and agility, can prove to be the best option for these large organizations.
“The cloud has become an integral part of conventional IT in small and large government agencies,” says Faisal Ghaus, Vice President of TechNavio.
“Cloud-based software solutions are expected to be increasingly adopted in government organizations as they provide end-users with the ability to innovate and manage business at a significantly lower cost,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global IT Management as a Service (ITMaas) Market 2014-2018
- Global Backend as a service (Baas or MBaas) Market 2015-2019
https://www.technavio.com/%3Cp%3E%3Cstrong%3EAbout%20TechNavio%3C/strong%…
